約翰·迪頓（John Deaton）大膽的非當事人意見陳述挑戰了 SEC 的加密貨幣過度擴張

在 Coinbase 與 SEC 之間的法律鬥爭中，參議院候選人 John Deaton 代表 4,701 名 Coinbase 用戶提交了一份非當事人意見陳述。迪頓以直言不諱地反對美國證券交易委員會處理加密貨幣公司的方式而聞名，他的目的是證明美國證券交易委員會在沒有明確指導的情況下不公平地針對加密資產。他的參與可能會進一步加劇有關加密貨幣法規的辯論，並影響他的參議院競選活動，因為他挑戰了主張更嚴格加密貨幣控制的現任伊麗莎白沃倫。

John Deaton's Amicus Brief: A Bold Challenge to the SEC's Crypto Overreach

約翰·迪頓 (John Deaton) 的非當事人意見陳述：對 SEC 加密貨幣過度擴張的大膽挑戰

In the intricate legal battle that has entangled Coinbase and the Securities and Exchange Commission (SEC), John Deaton, a candidate for Elizabeth Warren's Senate seat, has made a strategic move with his amicus brief filed in the U.S. District Court for the Southern District of New York on April 26. This brief, submitted on behalf of 4,701 Coinbase users, seeks to demonstrate the SEC's misguided approach to crypto regulation and the need for clearer guidance.

在Coinbase 和美國證券交易委員會(SEC) 陷入的錯綜複雜的法律鬥爭中，伊麗莎白·沃倫(Elizabeth Warren) 參議員席位的候選人約翰·迪頓(John Deaton) 在向美國南區地方法院提交的法庭之友陳述中做出了一項策略性舉措。

Deaton, a prominent critic of the SEC's handling of crypto companies, has consistently advocated for the protection of investors' rights. In the case involving Debt Box, he accused the SEC of overreach, arguing that the agency prioritized corporate damage over justice. The court itself reprimanded the SEC for its actions in that instance. Notably, Deaton's advocacy for Coinbase users predates his Senate campaign, dating back to June 2023, when the SEC first targeted Coinbase.

迪頓是 SEC 對加密貨幣公司處理方式的著名批評者，他一直主張保護投資者的權利。在涉及 Debt Box 的案件中，他指責 SEC 越權，認為該機構將企業損害置於正義之上。法院本身譴責了 SEC 在事件中的行為。值得注意的是，迪頓對 Coinbase 用戶的倡導早於他的參議院競選活動，可以追溯到 2023 年 6 月，當時 SEC 首次針對 Coinbase。

Beyond legal proceedings, Deaton has leveraged social media to amplify his message. He has asserted that technology users deserve a voice against a "biased and politically motivated agency" like the SEC. However, he clarifies that he does not endorse Coinbase as the sole representative of crypto users.

除了法律訴訟之外，迪頓還利用社交媒體來擴大他的訊息。他聲稱，技術使用者應該對像 SEC 這樣的「有偏見和出於政治動機的機構」發表意見。不過，他澄清說，他並不認可 Coinbase 作為加密貨幣用戶的唯一代表。

Coinbase's chief legal officer, Paul Grewal, has also played a key role in the case, urging the court to reconsider the application of the "investment contract" label to cryptocurrency sales. This could significantly alter the legal framework for crypto assets.

Coinbase 的首席法律官 Paul Grewal 在該案中也發揮了關鍵作用，他敦促法院重新考慮「投資合約」標籤對加密貨幣銷售的適用。這可能會顯著改變加密資產的法律框架。

Deaton's Senate Campaign and the Crypto Regulatory Landscape

迪頓的參議院競選和加密貨幣監管格局

Deaton's legal maneuvers have the potential to reverberate throughout his Senate campaign, particularly as the election nears. His stance on crypto regulation differs markedly from that of his opponent, Elizabeth Warren, who has advocated for stricter controls, particularly in the context of illicit activities.

迪頓的法律策略有可能在他的參議院競選活動中產生反響，尤其是在選舉臨近之際。他對加密貨幣監管的立場與其對手伊麗莎白沃倫 (Elizabeth Warren) 的立場明顯不同，後者主張採取更嚴格的控制措施，特別是在非法活動方面。

However, the broader issue at stake is the lack of clarity in crypto regulations. SEC Commissioners Hester Peirce and Mark Uyeda have vehemently criticized the agency's current approach under Chairman Gensler, calling it "opaque and arbitrary" and lamenting the absence of clear rules that stifle innovation.

然而，更廣泛的問題是加密貨幣監管缺乏明確性。美國證券交易委員會委員 Hester Peirce 和 Mark Uyeda 強烈批評了主席 Gensler 領導下的該機構目前的做法，稱其“不透明且任意”，並對缺乏扼殺創新的明確規則表示遺憾。

The courts themselves have expressed bewilderment over how companies are expected to navigate securities laws. The Coinbase case does not involve the original issuers of the crypto assets, further complicating the matter.

法院本身也對公司如何遵守證券法表示困惑。 Coinbase 案件不涉及加密資產的原始發行人，這使得問題更加複雜。

Lawmakers from both parties have expressed frustration with the SEC's inconsistent approach, demanding clearer regulations and less contradictory enforcement actions. They seek guidance on the application of the Howey test to emerging technologies like blockchain.

兩黨立法者都對美國證券交易委員會不一致的做法表示失望，要求制定更明確的法規和減少相互矛盾的執法行動。他們尋求有關 Howey 測試在區塊鏈等新興技術中的應用的指導。

Before his tenure at the SEC, Gensler positioned himself as an advocate for crypto clarity while lecturing at MIT. Ironically, his current stance suggests that crypto transactions could inadvertently violate laws without the knowledge of participants.

在任職 SEC 之前，Gensler 在麻省理工學院演講時將自己定位為加密貨幣清晰度的倡導者。諷刺的是，他目前的立場表明，加密貨幣交易可能會在參與者不知情的情況下無意中違反法律。

In congressional hearings, judges have voiced concerns about the potential consequences of the SEC's aggressive approach, expressing fears of stifling the entire crypto sector. The courts have emphasized the need for better explanations, especially regarding secondary market sales, but the SEC has maintained a vague stance.

在國會聽證會上，法官們對 SEC 激進做法的潛在後果表示擔憂，並表達了對扼殺整個加密產業的擔憂。法院強調需要更好的解釋，特別是在二級市場銷售方面，但 SEC 一直保持模糊的立場。

Deaton's amicus brief for Coinbase users is a direct challenge to the SEC's perceived obfuscation. As his Senate campaign progresses, the legal battle could evolve into a political spectacle that will have significant implications for the future of cryptocurrency regulation.

Deaton 為 Coinbase 使用者提供的非當事人意見陳述是對 SEC 的混淆視聽的直接挑戰。隨著他在參議院競選活動的進展，這場法律鬥爭可能會演變成一場政治場面，這將對加密貨幣監管的未來產生重大影響。