Coinbase 取得法律勝利：法院駁回證券違規指控

Coinbase 在一場重大法律糾紛中獲勝，美國第二巡迴上訴法院裁定，該加密貨幣交易所在其二級加密貨幣銷售中並未違反《證券交易法》法律。法院駁回了 Coinbase 出售未註冊證券的指控，沒有發現任何證據表明該公司轉讓了證券的所有權或招攬客戶以獲取個人財務利益。

Coinbase Secures Major Legal Victory: Court Dismisses Allegations of Securities Law Violations

Coinbase 取得重大法律勝利：法院駁回違反證券法的指控

New York, USA - In a significant legal development, the United States Court of Appeals for the Second Circuit has ruled in favor of Coinbase, the nation's largest cryptocurrency exchange, dismissing allegations that it violated the Securities Exchange Act of 1934. The ruling represents a major win for Coinbase and provides clarity on the legal status of secondary cryptocurrency sales.

美國紐約- 美國第二巡迴上訴法院做出了有利於美國最大加密貨幣交易所Coinbase 的裁決，駁回了有關其違反1934 年《證券交易法》的指控，這是一項重大的法律進展。該裁決代表了Coinbase 取得了重大勝利，並明確了二級加密貨幣銷售的法律地位。

Origins of the Lawsuit

訴訟的由來

The lawsuit stemmed from allegations filed by three plaintiffs, Louis Oberlander, Christopher Underwood, and Henry Rodriguez, who accused Coinbase of selling unregistered securities between 2019 and 2022. The plaintiffs argued that Coinbase's actions violated the Securities Act of 1933 and the Securities Exchange Act of 1934.

該訴訟源於三名原告路易斯·奧伯蘭德（Louis Oberlander）、克里斯托弗·安德伍德（Christopher Underwood）和亨利·羅德里格斯（Henry Rodriguez）提出的指控，他們指控Coinbase 在2019 年至2022年期間出售未註冊證券。原告認為Coinbase 的行為違反了 1933 年《證券法》和《1933 年證券交易法》。1934 年。

Court's Ruling

法院裁決

After reviewing the evidence, the Second Circuit Court of Appeals concluded that Coinbase did not violate the Securities Exchange Act. The court found that Coinbase did not transfer title of the securities directly to buyers nor did it solicit customers to purchase securities for its own financial gain.

在審查證據後，第二巡迴上訴法院得出結論，Coinbase 沒有違反《證券交易法》。法院認為，Coinbase 並沒有將證券的所有權直接轉讓給買家，也沒有為了自身的經濟利益而招攬客戶購買證券。

Furthermore, the court rejected the plaintiffs' argument that Coinbase's revised User Agreement in December 2021 constituted evidence of control over security tokens. The court found that the updated agreement did not contradict earlier complaints and provided no solid basis for claiming that Coinbase held direct title or solicited sales in a manner that violated securities regulations.

此外，法院駁回了原告的論點，即 Coinbase 在 2021 年 12 月修訂的用戶協議構成了對證券代幣的控制權的證據。法院認為，更新後的協議與先前的投訴並不矛盾，也沒有為聲稱 Coinbase 擁有直接所有權或以違反證券法規的方式招攬銷售提供堅實的依據。

Dismissal of Exchange Act Claims

駁回《交易法》索賠

The court also dismissed the plaintiffs' Exchange Act claims, finding that each token transaction did not constitute a separate contract-breaking party. The court pointed to the Coinbase User Agreement, which it stated did not support the plaintiffs' arguments.

法院也駁回了原告根據《交易法》提出的索賠，認為每筆代幣交易並不構成單獨的違約方。法院引用了 Coinbase 使用者協議，稱該協議不支持原告的論點。

Partial Remand for State Law Claims

州法律索賠部分還押

However, the court did remand the case to the district court for further consideration of state law claims. The court held that these claims were not properly dismissed under the Class Action Fairness Act of 2005.

然而，法院確實將案件發回地區法院，以進一步考慮州法律索賠。法院認為，根據 2005 年《集體訴訟公平法》，這些索賠並未被適當駁回。

Implications for the Cryptocurrency Industry

對加密貨幣產業的影響

The ruling bodes well for the cryptocurrency industry, providing a clearer legal framework for secondary cryptocurrency sales. It suggests that courts may be willing to differentiate between legitimate cryptocurrency exchanges and those engaged in fraudulent or unlawful activities.

這項裁決對加密貨幣產業來說是個好兆頭，為二級加密貨幣銷售提供了更清晰的法律框架。這表明法院可能願意區分合法的加密貨幣交易和從事欺詐或非法活動的交易。

Coinbase's Response

Coinbase 的回應

Coinbase welcomed the court's decision, stating that it "affirms our longstanding belief that we are not violating any securities laws." The company expressed confidence that it will prevail on the remaining state law claims.

Coinbase 對法院的裁決表示歡迎，稱其「證實了我們長期以來的信念，即我們沒有違反任何證券法」。該公司表示有信心在剩餘的州法律索賠中獲勝。

Conclusion

結論

The Second Circuit Court of Appeals' ruling is a significant legal victory for Coinbase and provides much-needed clarity on the legal status of secondary cryptocurrency sales. The ruling affirms Coinbase's compliance with federal securities laws and sets a precedent for the cryptocurrency industry as a whole.

第二巡迴上訴法院的裁決是 Coinbase 的重大法律勝利，並為二級加密貨幣銷售的法律地位提供了急需的明確性。該裁決確認了 Coinbase 遵守聯邦證券法，並為整個加密貨幣產業樹立了先例。