Ripple Labs可能很快結束了與SEC的長期法律鬥爭

SEC和Ripple Labs之間的長期法律鬥爭於2020年12月發起，涉嫌13億美元未註冊的XRP出售，很快就會結束

The protracted legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, which commenced in December 2020, may soon reach its conclusion, according to a report by Fox Business.

福克斯商業公司的一份報告顯示，根據2020年12月開始的證券與交易委員會（SEC）（SEC）和Ripple Labs之間的曠日持久的法律鬥爭可能很快就會得出結論。

The crux of the case centers on the alleged $1.3 billion unregistered sale of XRP (CRYPTO: XRP) and whether the cryptocurrency's utility and trading status align more closely with a commodity, similar to Ethereum (CRYPTO: ETH), or a security.

該案件的癥結集中在涉嫌13億美元未註冊的XRP出售（加密：XRP）以及加密貨幣的公用事業和交易狀態是否與類似於以太坊（Crypto：ETH）的商品更緊密地保持一致。

This comparison has become a pivotal factor in determining the case's outcome, especially as the SEC transitions under new leadership and is currently reassessing its stance on crypto.

這種比較已成為確定案件結果的關鍵因素，尤其是當SEC在新領導下的轉變並目前正在重新評估其對加密貨幣的立場。

Following administrative law judge Analisa Torres's partial ruling in July, which found that Ripple's programmatic sales of XRP were not subject to registration requirements due to the blind bid process used in such transactions, the case has taken a significant turn.

遵循行政法法官Analisa Torres在7月的部分裁決，發現Ripple的XRP程序銷售不受此類交易中使用的盲目出價過程的註冊要求，此案已經發生了很大的轉變。

However, the judge also ruled that institutional sales of XRP were indeed securities, and the agency had failed to prove that Ripple had intent to defraud investors.

但是，法官還裁定，XRP的機構銷售確實是證券，該機構未能證明Ripple有意欺騙投資者。

After August saw a district court impose a $125 million fine and an injunction on Ripple, halting the firm's ability to sell institutional tranches of XRP, a new development has unfolded.

在八月看到一個地方法院罰款1.25億美元，並對Ripple施加了禁令，停止了公司出售XRP機構批判的能力，這是一項新的開發項目。

According to Fox Business senior correspondent Charles Gasparino on X, the instance of Ethereum is crucial in the ongoing discussions.

據Fox Business高級通訊員查爾斯·加斯帕里諾（Charles Gasparino）在X上說，以太坊的實例在正在進行的討論中至關重要。

"I am told the @ethereum example is key. Both had 'ICOs' to fund the platforms. But while they were raising money, in the case of ETH, it became a commodity," Gasparino explained further.

加斯帕里諾進一步解釋說：“我被告知@Ethereum示例是關鍵。兩者都有'ICO'來資助這些平台。但是，儘管他們籌集資金，但就ETH而言，它變成了商品。”

He added, "Those facts are not in dispute. Yet, no one went after ETH. But Ripple is being sued and they may now be settling. But if they are, it will be on terms favorable to them."

他補充說：“這些事實沒有爭議。然而，沒有人追隨ETH。但是Ripple被起訴，現在可能正在解決。但是，如果有的話，這將以對他們有利的條件。”

Gasperino stated that the SEC is now examining whether XRP can be classified in a similar manner, considering its sustained trading activity and utility.

Gasperino表示，考慮到其持續的交易活動和效用，SEC現在正在研究XRP是否可以以類似的方式進行分類。

Further reporting by Fox Business's Eleanor Terrett sheds light on the delay in finalizing the case. Terrett noted that Ripple's legal team is pushing for better terms following the August ruling, which imposed a $125 million fine and an injunction on institutional XRP sales.

Fox Business的Eleanor Terrett的進一步報導闡明了最終確定此案的延遲。 Terrett指出，在八月裁決之後，Ripple的法律團隊正在推動更好的條件，該裁決罰款1.25億美元，並對機構XRP銷售進行了禁令。

"The argument, I'm told, is that if the new SEC leadership is wiping the enforcement slate clean for all previously-targeted crypto firms, why should Ripple still be penalized?" Terrett posted on X.

“有人告訴我，這個論點是，如果新的SEC領導層正在為所有先前針對的加密貨幣公司清潔執法板塊，那麼為什麼Ripple仍然應該受到懲罰？” Terrett發佈在X上。

Moreover, Terrett pointed out that the agency has dropped cases against Coinbase (NASDAQ:COIN), OpenSea, Robinhood (NASDAQ:HOOD) and UniSwap (CRYPTO: UNI) and is now forming a task force to decide which crypto assets are securities, a task that will be headed by Commissioner Hester Peirce, also known as "Crypto Mom."

此外，特雷特指出，該機構已經撤銷了針對Coinbase（NASDAQ：COIN），Opensea，Robinhood（Nasdaq：Hood）和Uniswap（Crypto：Uni）的案件，現在正在組建一個工作組，現在決定了哪些加密資產是證券，該任務是由Commissioner Hester Peirce，Crype，Crype of Crype，''

Also Read: Bitcoin Price Remains Around $79,000 As Payrolls Miss, But Unemployment Claims Drop

另請閱讀：比特幣的價格仍然約為79,000美元，因為薪資率是未曾失業的索賠下降

The lawsuit's trajectory has shifted notably after Judge Analisa Torres made her partial ruling in July.

在Analisa Torres法官在7月做出部分裁決之後，訴訟的軌跡顯著轉移。

Her decision focused on the nature of Ripple's token offerings, ultimately finding that the programmatic sales were not sold in violation of Section 5 of the Securities Act.

她的決定著重於Ripple代幣產品的性質，最終發現該程序銷售並未違反《證券法》第5條。

This ruling was a setback for the SEC, which has been waging a broad campaign to classify most cryptocurrencies as securities.

這項裁決是SEC的挫折，該裁決一直在開展廣泛的運動，以將大多數加密貨幣歸類為證券。

However, the judge did decide in favor of the SEC on the final point of contention: that the agency's actions were not "arbitrary, capricious, an abuse of discretion, or otherwise unlawful.”

但是，法官確實在爭論的最後點決定了SEC的支持：該機構的行動不是“任意，反复無常，濫用酌處權或其他非法”。

The case has taken a new turn with the recent administrative law judge's ruling.

該案與最近的行政法法官的裁決有關。