幣安律師提出動議駁回 SEC 修改的起訴書，認為加密資產不是證券

代表幣安（BNB）和 CZ 的律師辯稱，美國證券交易委員會修改後的起訴書只是對法院先前不承認加密資產為證券的裁決進行了「口頭承諾」。

Binance and former CEO Changpeng “CZ” Zhao filed a motion on Monday to dismiss an amended complaint submitted by the Securities and Exchange Commission last month in the ongoing legal battle over whether crypto assets sold by the exchange are securities.

幣安和前執行長趙長鵬週一提出動議，駁回美國證券交易委員會上個月提交的修改後的申訴，該申訴正在進行中，該訴訟涉及交易所出售的加密資產是否為證券。

In a Nov. 4 filing, the lawyers representing Binance (BNB) and CZ argue that the SEC’s amended complaint pays “lip service” to the court’s previous ruling that does not recognize crypto assets as securities. Despite this, they believe that the SEC has refused to acknowledge the ruling’s impact on the trade of digital assets.

在 11 月 4 日提交的文件中，代表幣安 (BNB) 和 CZ 的律師辯稱，SEC 修改後的起訴書只是對法院先前不承認加密資產為證券的裁決進行了「口頭承諾」。儘管如此，他們認為 SEC 拒絕承認該裁決對數位資產交易的影響。

If the court’s ruling that crypto does not fall under securities is followed, then that would mean secondary market resales of the assets do not count as “securities” transactions.

如果遵循法院關於加密貨幣不屬於證券的裁決，那麼這將意味著資產的二級市場轉售不算作「證券」交易。

“The SEC’s Amended Complaint continues to insist that virtually all transactions involving crypto assets—including blind secondary market resales of tokens—are securities transactions because some buyers might hope the assets will increase in value,” the lawyers wrote.

律師寫道：「美國證券交易委員會修訂後的起訴書繼續堅稱，幾乎所有涉及加密資產的交易（包括代幣的盲目二級市場轉售）都是證券交易，因為一些買家可能希望資產增值。

The filing also points out that the SEC’s amended complaint still lacks the legal basis that differentiates between assets and investment contracts, arguing that assets themselves do not count as investment contracts simply because they were offered to customers “as part of a package of promises and expectations.”

該文件還指出，美國證券交易委員會修改後的起訴書仍然缺乏區分資產和投資合同的法律依據，認為資產本身並不算作投資合同，僅僅因為它們是“作為一攬子承諾和期望的一部分”提供給客戶的。

Moreover, it states that the SEC still does not implement clear standards for courts, litigants, or market participants that indicate which digital asset transactions fall under the category of investment contracts and which do not.

此外，它還指出，美國證券交易委員會仍然沒有為法院、訴訟當事人或市場參與者實施明確的標準，以表明哪些數位資產交易屬於投資合約類別，哪些不屬於投資合約類別。

They claim the SEC has a tendency of choosing “winners and losers arbitrarily,” mentioning a recently abandoned case involving Ether transactions that were recognized as investment contracts.

他們聲稱美國證券交易委員會有任意選擇「贏家和輸家」的傾向，並提到了最近被放棄的涉及被視為投資合約的以太幣交易的案件。

“The agency even admits that its non-test cannot differentiate securities from Beanie Babies at the pleading stage,” the lawyers wrote.

律師們寫道：“該機構甚至承認，其非測試無法在辯護階段將證券與 Beanie Babies 區分開來。”

The rest of the document details the arguments against cases that the SEC have brought up involving Binance and CZ. The document ends with a request to dismiss the SEC’s claims against Binance and Changpeng Zhao without leaving room to amend.

文件的其餘部分詳細介紹了針對 SEC 提出的涉及幣安和 CZ 案件的論點。文件最後請求駁回 SEC 對幣安和趙長鵬的指控，且不留修改空間。

Last September, SEC filed an amended complaint again Binance and CZ, stating that it never intended to assign the securities label to cryptocurrencies and tokens. The agency explained it uses securities as a shorthand to refer to various aspects of crypto sales.

去年 9 月，SEC 再次向 Binance 和 CZ 提交了修改後的投訴，稱其從未打算將證券標籤分配給加密貨幣和代幣。該機構解釋說，它使用證券作為速記來指稱加密貨幣銷售的各個方面。

In the end, the SEC vowed to use the term “crypto asset securities” and apologized for the confusion it caused.

最終，SEC 誓言使用「加密資產證券」一詞，並為其造成的混亂道歉。

On June 5, 2023, the SEC filed a lawsuit against Binance, CZ, and several affiliated companies for violating securities trading regulations. The agency cites the violation on the grounds of a court document that the SEC recognized the BNB token and the BUSD stablecoin as securities.

2023 年 6 月 5 日，SEC 對幣安、CZ 及多家關聯公司違反證券交易規定提起訴訟。該機構援引法院文件的違規行為，該文件稱 SEC 承認 BNB 代幣和 BUSD 穩定幣為證券。

Binance is not the only crypto-related entity to have legal troubles with the SEC due to being regarded as a security. The SEC also have lawsuits against Coinbase and Ripple based on allegations that these businesses offered unregistered crypto asset securities.

幣安並不是唯一一家因被視為證券而與 SEC 發生法律糾紛的加密相關實體。美國證券交易委員會也對 Coinbase 和 Ripple 提起訴訟，指控這些企業提供未經註冊的加密資產證券。