Ripple Labs 提交 Form C 交叉上訴以挑戰 SEC 訴訟的關鍵方面

Ripple Labs 已向美國第二巡迴上訴法院向 SEC 發起挑戰，並提交了 Form C 交叉上訴以對關鍵方面提出異議

Ripple has filed a cross-appeal in the US Court of Appeals for the Second Circuit to contest key aspects of the SEC lawsuit against the company. This filing comes in response to the SEC's appeal, which followed a favorable district court ruling for Ripple earlier this year.

Ripple 已向美國第二巡迴上訴法院提起交叉上訴，並對 SEC 對該公司提起的訴訟的關鍵方面提出異議。該文件是對 SEC 上訴的回應，該上訴是在今年早些時候地區法院做出對 Ripple 有利的裁決之後提出的。

The SEC had alleged that certain XRP transactions to institutional investors constituted securities, a claim that was partially upheld by the lower court. Ripple's cross-appeal will challenge this ruling and also address the SEC's broader stance on cryptocurrency regulation.

美國證券交易委員會聲稱，向機構投資者進行的某些 XRP 交易構成證券，這一主張得到了下級法院的部分支持。 Ripple 的交叉上訴將挑戰這項裁決，並解決 SEC 對加密貨幣監管的更廣泛立場。

According to Ripple Chief Legal Officer Stuart Alderoty, the appeal will involve a de novo review of all issues, and the SEC will not be able to introduce new evidence or request additional materials from Ripple. The court will only consider the record that has already been set.

Ripple 首席法務官 Stuart Alderoty 表示，上訴將涉及對所有問題進行重新審查，SEC 將無法提出新證據或要求 Ripple 提供額外資料。法院只會考慮已經設定好的記錄。

The appeal will specifically address whether Ripple's transfers of XRP qualify as securities under the Howey test, which is used to determine if a transaction is an investment contract. This test considers factors such as the investment of money and expectations of profits from the seller's activities.

該上訴將具體解決 Ripple 的 XRP 轉讓是否符合 Howey 測試下的證券資格，Howey 測試用於確定交易是否為投資合約。該測試考慮了諸如資金投資和賣方活動利潤預期等因素。

The cross-appeal also aims to address what Ripple describes as vague and inconsistent statements from the SEC on the application of securities laws to digital assets. The SEC has maintained that the sale of XRP is a security, which would subject Ripple to federal securities regulations.

此次交叉上訴也旨在解決 Ripple 所說的 SEC 關於證券法適用於數位資產的模糊且不一致的聲明。美國證券交易委員會堅持認為，XRP 的銷售是一種證券，這將使 Ripple 受到聯邦證券法規的約束。

However, Ripple's filing highlights the lack of clear regulatory guidance, which has left the crypto industry uncertain about how to comply with SEC standards.

然而，Ripple 的文件凸顯了缺乏明確的監管指導，這使得加密產業不確定如何遵守 SEC 標準。

The court's decision on this cross-appeal could have broader implications for the cryptocurrency industry. A ruling in favor of Ripple could set a precedent for future cases and potentially limit the SEC's expansive approach to regulating cryptocurrencies.

法院對此交叉上訴的裁決可能會對加密貨幣產業產生更廣泛的影響。有利於 Ripple 的裁決可能為未來案件樹立先例，並可能限制 SEC 監管加密貨幣的廣泛做法。

On the other hand, a decision favoring the SEC might further solidify the regulator's stance on applying securities laws to the industry.

另一方面，有利於美國證券交易委員會的決定可能會進一步鞏固監管機構將證券法應用於該行業的立場。