Ripple 反駁 SEC 20 億美元罰款要求並提出反駁

Ripple Labs 對 SEC 因向機構投資者出售 XRP 而提出的近 20 億美元罰款的要求提出異議，認為該數字不應超過 1000 萬美元。 Ripple 堅稱其銷售不構成未註冊證券，鑑於不存在欺詐或魯莽指控，美國證券交易委員會的要求過分。儘管裁定部分 XRP 銷售違反了證券法，但 Ripple 聲稱已調整其做法以符合法院的調查結果。

Ripple Labs Counters SEC's $2 Billion Penalty Demand, Submits Rebuttal

Ripple Labs 反駁 SEC 20 億美元罰款要求並提出反駁

In a comprehensive court document filed late on Monday, Ripple Labs has vehemently contested the Securities and Exchange Commission's (SEC) relentless pursuit of punitive penalties amounting to nearly $2 billion.

在周一晚間提交的一份全面的法庭文件中，Ripple Labs 強烈反對美國證券交易委員會 (SEC) 不懈追求的高達近 20 億美元的懲罰性處罰。

This development follows the SEC's declaration last month that Ripple should be held liable for approximately $2 billion in fines for allegedly distributing XRP to institutional investors without registering it as a security. However, Ripple maintains that the appropriate penalty figure should be closer to a modest $10 million, as outlined in its opposition motion.

在此之前，美國證券交易委員會上個月宣布，Ripple 因涉嫌向機構投資者分發 XRP 而不將其註冊為證券而應承擔約 20 億美元的罰款。然而，Ripple 堅持認為，正如其反對動議中所述，適當的罰款金額應該接近 1000 萬美元。

"Our vehement objection to the SEC's exorbitant request for $2 billion in penalties for historical institutional sales is now a matter of public record," affirmed Stuart Alderoty, Ripple's Chief Legal Officer, in a statement released on Monday. "In a case conspicuous by the absence of allegations or findings of recklessness or fraudulent intent, and in which Ripple prevailed on several crucial issues, the SEC's demand is merely further evidence of its persistent crusade to intimidate and stifle the entire cryptocurrency industry within the United States."

Ripple 首席法務官 Stuart Alderoty 在周一發布的聲明中表示：「我們強烈反對美國證券交易委員會對歷史機構銷售進行20 億美元罰款的過高要求，這一要求現已成為公開記錄。 「在這起案件中，由於沒有魯莽或欺詐意圖的指控或調查結果，而且瑞波幣在幾個關鍵問題上佔了上風，美國證券交易委員會的要求只是進一步證明了其持續不斷地恐嚇和扼殺美國境內整個加密貨幣產業的證據。

Alderoty expressed unwavering confidence in the presiding judge's impartial approach to the final remedies phase of the proceedings.

阿爾德羅蒂對主審法官對訴訟最後補救階段的公正態度表示堅定不移的信心。

A Protracted Legal Battle

曠日持久的法律戰

For several years, the SEC and Ripple have been embroiled in a contentious legal dispute, stemming from the SEC's accusations that Ripple illicitly raised $1.3 billion through the sale of XRP, which the agency contends constitutes an unregistered security. In a significant ruling last year, Judge Analisa Torres of New York determined that certain of Ripple's programmatic XRP sales did not transgress securities regulations due to the implementation of a blind bid process. However, she did conclude that other direct sales of the token to institutional investors did indeed qualify as securities.

多年來，SEC 和 Ripple 一直捲入一場有爭議的法律糾紛，起因是 SEC 指控 Ripple 透過銷售 XRP 非法籌集 13 億美元，該機構認為 XRP 構成未註冊的證券。在去年的一項重大裁決中，紐約法官 Analisa Torres 裁定，由於實施了盲目競標流程，Ripple 的某些程序化 XRP 銷售並未違反證券法規。然而，她確實得出結論，向機構投資者直接銷售代幣的其他方式確實符合證券的資格。

The SEC has asserted that Ripple has generated billions of dollars in institutional XRP sales and, in its court filing last month, argued that Ripple "continues to possess the largest XRP holdings of any individual or entity and persists in selling it, unregistered, to institutional purchasers."

美國證券交易委員會聲稱，Ripple 已經在機構XRP 銷售中創造了數十億美元的收入，並在上個月的法庭文件中辯稱，Ripple「繼續擁有任何個人或實體中最大的XRP 持有量，並堅持在未註冊的情況下將其出售給機構”購買者。”

Ripple contends that it has implemented substantial revisions to its XRP sales practices in the wake of last year's court ruling.

Ripple 聲稱，在去年的法院裁決之後，它已經對其 XRP 銷售做法進行了重大修改。

"Ripple unequivocally acknowledges and abides by the court's decree. It has modified its XRP sales strategy and revised its contracts to rectify the concerns raised by this Court," the company stated in Monday's filing.

該公司在周一提交的文件中表示：“Ripple 明確承認並遵守法院的法令。它已經修改了 XRP 銷售策略並修改了合同，以糾正法院提出的擔憂。”

The SEC has yet to issue an official response to a request for comment.

美國證券交易委員會尚未對置評請求做出正式回應。

Contesting the SEC's Proposed Judgment

對 SEC 的擬議判決提出異議

In its proposed final judgment, the SEC sought to impose penalties totaling nearly $2 billion on Ripple Labs, including $876 million in disgorgement, $198 million in prejudgment interest, and a staggering $876 million civil penalty. The agency implored Judge Torres to consider the "egregiousness" of the firm's alleged misconduct.

在其擬議的最終判決中，SEC 尋求對 Ripple Labs 處以總計近 20 億美元的罰款，其中包括 8.76 億美元的沒收非法所得、1.98 億美元的判決前利息以及高達 8.76 億美元的民事罰款。該機構懇請托雷斯法官考慮該公司涉嫌不當行為的「嚴重性」。

On Monday, Ripple countered by arguing that the SEC has failed to establish a compelling case for disgorgement and that prejudgment interest should be dismissed. The company also maintained that any civil penalty imposed should not surpass $10 million.

週一，瑞波反駁稱，美國證券交易委員會未能為返還非法所得提供令人信服的理由，並且應駁回預判利息。該公司還堅稱，任何民事罰款不得超過 1,000 萬美元。

"Ripple's conduct was far from egregious," the company asserted in its filing. "Its institutional sales were conducted over an eight-year period, involving forty-one 'sophisticated individuals and entities.' These entities were fully cognizant of the transactions they were engaging in and made their decisions based on their own financial interests. There is no allegation that Ripple misled or deceived them."

該公司在文件中聲稱：“Ripple 的行為遠非令人震驚。” 「其機構銷售歷時八年，涉及四十一名『經驗豐富的個人和實體』。這些實體充分了解他們正在進行的交易，並根據自己的經濟利益做出決定，沒有指控 Ripple 誤導或欺騙他們。

The outcome of this ongoing legal battle will have significant implications for the cryptocurrency industry, as it could set a precedent for how regulators approach the regulation of digital assets.

這場持續的法律鬥爭的結果將對加密貨幣行業產生重大影響，因為它可能為監管機構如何監管數位資產樹立先例。