加密貨幣倡導者 John Deaton 挑戰 SEC 作為馬薩諸塞州參議員候選人

加密行業倡導者、馬薩諸塞州參議院候選人約翰·迪頓(John Deaton) 提交了一份非當事人意見陳述，支持Coinbase 與SEC 的法律鬥爭，他認為SEC 對Howey 測試的應用不一致，以及在將數位資產定義為證券方面缺乏明確性，因此需要高等法院對審查。 Deaton 代表 4,701 名加密貨幣用戶、開發商和投資者，尋求在法庭上為他們提供發言權，並主張保護小投資者免受 SEC 所謂無視其利益的指控。

Massachusetts Senate Candidate John Deaton: Crypto Advocate Takes on the SEC

馬薩諸塞州參議院候選人 John Deaton：加密貨幣倡導者挑戰 SEC

In the midst of a bustling Senate campaign, John Deaton, a fervent crypto enthusiast and lawyer, is not allowing his political aspirations to deter him from vigorously challenging the Securities and Exchange Commission (SEC) on behalf of the burgeoning crypto industry.

在繁忙的參議院競選活動中，狂熱的加密貨幣愛好者兼律師約翰·迪頓 (John Deaton) 並沒有讓自己的政治抱負阻止他代表新興的加密貨幣行業積極挑戰美國證券交易委員會 (SEC)。

Deaton's audacious move is a testament to his unwavering commitment to protecting the interests of the crypto community. He has filed an amicus brief in the Southern District of New York in support of Coinbase, the United States' largest crypto exchange, in its ongoing legal battle with the SEC. This bold action is not just a mere gesture; it signifies a resounding message that the crypto industry is ready to fight back against the government's relentless crackdown.

迪頓的大膽舉動證明了他堅定不移地致力於保護加密貨幣社區的利益。他已在紐約南區提交了一份法庭之友陳述，支持美國最大的加密貨幣交易所 Coinbase 與 SEC 正在進行的法律鬥爭。這一大膽的行動不只是一個姿態；這標誌著一個響亮的訊息：加密產業已準備好反擊政府的無情鎮壓。

"The SEC Chairman Gary Gensler and his agency have made it abundantly clear that they are not interested in protecting small investors and operate solely to serve their political masters," Deaton asserts to FOX Business. "The SEC wields unlimited resources, funded by taxpayers, while Coinbase is a multibillion-dollar company with access to the best legal counsel money can buy. The consumers deserve an advocate and a voice as well."

迪頓向福克斯商業頻道表示：“美國證券交易委員會主席加里·詹斯勒和他的機構已經非常明確地表示，他們對保護小投資者不感興趣，他們的運作只是為了服務他們的政治主人。” 「SEC 擁有由納稅人資助的無限資源，而 Coinbase 是一家價值數十億美元的公司，可以聘請金錢可以買到的最好的法律顧問。消費者也應該得到擁護者和發言權。”

Deaton's amicus brief, which garnered praise from Coinbase's Chief Legal Officer Paul Grewal, encapsulates the concerns of 4,701 Coinbase users, developers, and crypto investors who demand their voices to be heard in court.

Deaton 的法庭之友陳述得到了 Coinbase 首席法務官 Paul Grewal 的讚揚，其中概括了 4,701 名 Coinbase 用戶、開發者和加密貨幣投資者的擔憂，他們要求法庭聽取他們的聲音。

At the heart of the SEC's lawsuit against Coinbase lies the fundamental question of whether the Howey Test, a litmus test used to determine if a transaction qualifies as an investment contract and thus a security, applies to crypto transactions. The SEC contends that all cryptocurrencies except Bitcoin are likely securities due to their resemblance to traditional investments like stocks and bonds.

SEC 對 Coinbase 提起訴訟的核心在於一個根本問題：Howey 測試（用於確定交易是否符合投資合約以及證券資格的試金石）是否適用於加密貨幣交易。美國證券交易委員會認為，除比特幣之外的所有加密貨幣都可能是證券，因為它們與股票和債券等傳統投資相似。

The crypto industry vehemently rejects this notion, arguing that the SEC is overstepping its authority by attempting to shoehorn digital assets into the existing framework of securities laws, which were not designed to accommodate the unique characteristics of blockchain technology. In Deaton's view, many digital assets more closely resemble commodities and should therefore fall under the purview of the SEC's sister agency, the Commodity Futures Trading Commission.

加密產業強烈反對這一觀點，認為 SEC 試圖將數位資產硬塞到現有的證券法框架中，這是越權行為，而現有的證券法框架並非旨在適應區塊鏈技術的獨特特徵。在迪頓看來，許多數位資產更類似商品，因此應該屬於美國證券交易委員會的姊妹機構商品期貨交易委員會的管轄範圍。

In his amicus brief, Deaton meticulously dissects the SEC's inconsistent approach to regulating crypto tokens. SEC lawyers in the Coinbase lawsuit have argued that Bitcoin, which the SEC has deemed not to be a security, has earned that status because it lacks an ecosystem or "network" behind it. Deaton counters this argument, asserting that Bitcoin arguably possesses the largest and most well-established ecosystem, a key factor that attracts investors to it.

在他的法庭之友陳述中，迪頓仔細剖析了 SEC 監管加密代幣的不一致方法。 Coinbase 訴訟中的 SEC 律師辯稱，SEC 認為比特幣不是證券，但它之所以獲得這一地位，是因為它背後缺乏生態系統或「網路」。迪頓反駁了這個論點，聲稱比特幣可以說是擁有最大、最完善的生態系統，這是吸引投資者的關鍵因素。

"Bitcoin is undoubtedly distinguishable from other cryptocurrencies, but claiming it is not a security, unlike other tokens, because it lacks an ecosystem is simply illogical," Deaton declares.

「比特幣無疑與其他加密貨幣有區別，但聲稱它不是一種證券，與其他代幣不同，因為它缺乏生態系統，這是完全不合邏輯的，」迪頓宣稱。

Deaton's brief is not merely a legal document; it is a scathing critique of the SEC's "malevolent" approach to regulating crypto. He supports Coinbase's motion for an interlocutory appeal, arguing that the SEC's inconsistent application of the Howey Test to digital assets warrants a higher court's intervention to resolve this regulatory conundrum once and for all.

迪頓的案情摘要不僅僅是一份法律文件，而是一份法律文件。這是對 SEC 監管加密貨幣的「惡意」方法的嚴厲批評。他支持 Coinbase 的中間上訴動議，認為 SEC 對數位資產的 Howey 測試的應用不一致，需要高等法院進行幹預，以一勞永逸地解決這一監管難題。

"If the Howey Test is to be interpreted and applied to encompass all transactions indefinitely, an appellate court, potentially even the U.S. Supreme Court, must be the one to validate it," he asserts.

他斷言：“如果要對豪伊測試進行解釋並無限期地適用於所有交易，那麼上訴法院，甚至可能是美國最高法院，都必須對其進行驗證。”

Deaton's brief goes beyond legal arguments, citing statements from Republican SEC Commissioners Hester Peirce and Mark Uyeda as well as government officials like Congressman Ritchie Torres (D-New York), all of whom have expressed concerns about the hostile regulatory environment under Gensler.

迪頓的簡報超越了法律論點，引用了共和黨 SEC 委員 Hester Peirce 和 Mark Uyeda 以及國會議員 Ritchie Torres（紐約州民主黨）等政府官員的聲明，他們都對 Gensler 領導下的敵對監管環境表示了擔憂。

"The underlying lack of clarity appears to be a strategic effort by the SEC to stifle the digital asset industry. If not rooted in maliciousness, they certainly do not seem to be fulfilling their mission of protecting investors," Deaton states in the brief.

迪頓在簡報中表示：“根本上缺乏明確性似乎是美國證券交易委員會扼殺數位資產行業的戰略努力。如果不是出於惡意，他們肯定沒有履行保護投資者的使命。”

This is not Deaton's first encounter with securities regulators; he has consistently championed the crypto industry against what he perceives as unwarranted regulatory overreach. As a candidate running on the Republican ticket to unseat incumbent Democratic Senator Elizabeth Warren of Massachusetts, a staunch crypto critic and ally of SEC Chairman Gensler, Deaton has deftly leveraged his political platform to galvanize the crypto community and attract significant campaign funds.

這並不是迪頓第一次與證券監管機構打交道。他一直支持加密產業反對他認為無理的過度監管。作為共和黨候選人，馬薩諸塞州現任民主黨參議員伊麗莎白·沃倫(Elizabeth Warren) 是一位堅定的加密貨幣批評者，也是SEC 主席Gensler 的盟友，迪頓巧妙地利用他的政治平台來激勵加密貨幣社區並吸引大量競選資金。

Deaton's involvement in Ripple's three-year legal battle with the SEC cemented his status as a folk hero among retail holders of the XRP token. His representation of XRP investors as an amicus curiae, or "friend of the court," and his subsequent efforts on behalf of LBC token users in the SEC's lawsuit against decentralized content sharing platform LBRY, have earned him widespread recognition.

Deaton 參與 Ripple 與 SEC 長達三年的法律訴訟，鞏固了他在 XRP 代幣散戶中民間英雄的地位。他以法庭之友（amicus curiae）或「法庭之友」的身份代表XRP 投資者，以及隨後在美國證券交易委員會針對去中心化內容共享平台LBRY 的訴訟中代表LBC 代幣用戶所做的努力，為他贏得了廣泛的認可。

Deaton's contributions to the Ripple case are widely credited as a contributing factor to Manhattan District Judge Torres's ruling that sales of the XRP token between retail investors on exchanges did not meet the SEC's classification of a securities transaction. Should the ruling withstand appeal, it would establish a legal precedent that the SEC lacks authority over transactions between retail investors who engage in secondary market transactions using exchanges such as Coinbase to buy and sell crypto.

迪頓對 Ripple 案的貢獻被廣泛認為是曼哈頓地區法官托雷斯裁定散戶投資者在交易所出售 XRP 代幣不符合 SEC 證券交易分類的一個促成因素。如果該裁決經受上訴，將開創一個法律先例，即 SEC 對散戶投資者之間的交易缺乏權力，這些散戶投資者使用 Coinbase 等交易所進行二級市場交易來買賣加密貨幣。

This ruling has ignited a fierce legal debate over the definition of a security, the central argument in most of the lawsuits the SEC has brought against the crypto industry. Three judges in the same Southern District of New York courthouse have issued conflicting legal opinions on whether transactions involving digital assets satisfy the Howey Test, a point that Deaton emphasizes in his brief as an argument for why Coinbase should be granted permission to file an interlocutory appeal and potentially resolve the regulatory uncertainty surrounding digital assets once and for all.

這項裁決引發了關於證券定義的激烈法律辯論，這是 SEC 針對加密產業提起的大多數訴訟的核心論點。紐約南區同一法院的三名法官就涉及數位資產的交易是否滿足豪伊測試發表了相互矛盾的法律意見，迪頓在其摘要中強調了這一點，作為為什麼 Coinbase 應該被允許提起中間上訴的論點並有可能一勞永逸地解決圍繞數位資產的監管不確定性。

Interlocutory appeals are notoriously difficult to obtain, and it remains uncertain whether Judge Failla, who is presiding over the Coinbase case, will side with the exchange on this issue. However, Deaton's bold intervention is a clear indication that the crypto industry is mobilizing to defend its interests and challenge the SEC's aggressive regulatory agenda. The outcome of the Coinbase lawsuit and other ongoing legal battles will have far-reaching implications for the future of the crypto industry, and Deaton's unwavering advocacy demonstrates the growing political clout of the crypto community and its determination to shape its own destiny.

中間上訴是出了名的難以獲得，而且目前尚不確定主審 Coinbase 案件的法伊拉法官是否會在這個問題上站在交易所一邊。然而，迪頓的大膽幹預清楚地表明，加密產業正在動員起來捍衛其利益並挑戰 SEC 激進的監管議程。 Coinbase 訴訟和其他正在進行的法律鬥爭的結果將對加密行業的未來產生深遠的影響，迪頓堅定不移的倡導表明了加密社區日益增長的政治影響力及其塑造自己命運的決心。