和解聽證會後 Ripple 訴訟即將結束

SEC 和 Ripple Labs 於 2024 年 3 月 29 日舉行了強制和解會議，引發了人們對正在進行的法律鬥爭中可能達成解決方案的猜測。這次會議是最初訴訟安排命令的一部分，旨在促進討論以達成和解。然而，官方並未透露會議結果的細節，這讓 XRP 社群充滿期待。

Ripple Case Nears Resolution as Settlement Conference Concludes

隨著和解會議結束，Ripple 案件即將解決

New York, March 30, 2024 - In a significant development in the ongoing legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, a mandatory settlement conference was held yesterday in the U.S. District Court for the Southern District of New York.

紐約，2024 年 3 月 30 日 - 美國證券交易委員會 (SEC) 和 Ripple Labs 之間正在進行的法律鬥爭取得重大進展，昨天在美國紐約南區地方法院舉行了強制和解會議。

The conference, presided over by Magistrate Judge Sarah Netburn, has fueled speculation within the XRP community about the possibility of a surprise settlement discussion. The timing of the conference, coupled with a photograph shared online by an XRP community member depicting Ripple executives entering a federal courthouse in New York City on the same day, has raised hopes that a breakthrough may be imminent.

這次會議由法官 Sarah Netburn 主持，引發了 XRP 社群內部關於意外和解討論可能性的猜測。會議的時間安排，加上一位 XRP 社群成員在網路上分享的一張照片，顯示 Ripple 高層在同一天進入紐約市聯邦法院，這讓人們燃起了希望，即突破可能即將到來。

However, according to former SEC official Marc Fagel, the conference was not a last-minute development but rather a pre-scheduled meeting mandated as part of the original lawsuit scheduling order. Last year, Judge Analisa Torres directed both parties to select three potential dates for a settlement conference and dedicate at least one hour to such discussions if a resolution was deemed desirable.

然而，據前 SEC 官員馬克法格爾 (Marc Fagel) 稱，這次會議並不是最後一刻的事態發展，而是作為最初訴訟安排命令的一部分而預先安排的會議。去年，法官阿納麗莎·托雷斯指示雙方選擇三個可能舉行和解會議的日期，如果認為解決方案合適的話，至少要花一個小時進行此類討論。

The outcome of the March 29 conference remains undisclosed. Eleanor Terrett (@EleanorTerrett), a Fox Business journalist, revealed that a Ripple spokesperson declined to comment on the specifics of the meeting. This lack of information could indicate that no significant progress was made or that the details of the discussion are being kept confidential by both parties.

3 月 29 日會議的結果尚未公佈。福克斯商業新聞記者 EleanorTerrett 透露，Ripple 發言人拒絕就會議的具體細節發表評論。這種資訊的缺乏可能表明沒有取得重大進展，或者雙方都對討論的細節保密。

Adding to the uncertainty, Fagel has expressed his belief that there is a 0% likelihood of an immediate settlement. This perspective comes just days after the SEC filed its opening remedies brief, seeking a hefty penalty of approximately $2 billion against Ripple. The SEC claims this fine is necessary to deter future violations of federal securities laws.

法格爾表示，他相信立即達成和解的可能性為 0%，加劇了不確定性。就在幾天前，美國證券交易委員會 (SEC) 提交了開庭補救措施簡報，尋求對 Ripple 處以約 20 億美元的巨額罰款。美國證券交易委員會聲稱，這項罰款是必要的，以阻止未來違反聯邦證券法的行為。

Despite the uncertainty, the settlement conference signals that the two-year legal battle may be nearing its conclusion. Ripple has until April 22 to submit an opposition brief to the SEC's demands, outlining arguments and evidence refuting the SEC's claims and advocating against the proposed penalty. The SEC will then have the opportunity to respond to Ripple's opposition by May 6. Following these submissions, the court is expected to schedule a date for a final judgment.

儘管存在不確定性，但和解會議表明，為期兩年的法律鬥爭可能即將結束。 Ripple 必須在 4 月 22 日之前針對 SEC 的要求提交一份反對簡報，概述反駁 SEC 主張並主張反對擬議處罰的論點和證據。然後，SEC 將有機會在 5 月 6 日之前對 Ripple 的反對做出回應。在收到這些意見後，預計法院將安排最終判決的日期。

The SEC's case against Ripple stems from allegations that XRP, Ripple's digital asset, constitutes an unregistered security. While the court has determined that non-institutional XRP sales are not securities offerings, the SEC is fighting for a large penalty for institutional XRP sales. With potential evidence of price suppression from Ripple, the company faces an uphill battle in its defense.

美國證券交易委員會對 Ripple 的指控源於 Ripple 的數位資產 XRP 構成未註冊證券的指控。雖然法院已確定非機構 XRP 銷售不屬於證券發行，但 SEC 正在爭取對機構 XRP 銷售處以巨額罰款。由於 Ripple 存在價格壓制的潛在證據，該公司面臨著一場艱苦的辯護之戰。

The outcome of the case has significant implications not only for Ripple but for the entire cryptocurrency industry. A victory for the SEC could set a precedent for the regulation of digital assets, while a victory for Ripple could provide clarity and reassurance for other cryptocurrency companies.

該案的結果不僅對瑞波幣而且對整個加密貨幣產業都具有重大影響。美國證券交易委員會的勝利可能為數位資產的監管開創先例，而瑞波幣的勝利可能為其他加密貨幣公司提供清晰度和保證。

As the case continues to unfold, all eyes will be on the upcoming court filings and the ultimate verdict. The resolution of this high-stakes legal battle will have a profound impact on the future of cryptocurrency regulation and the broader digital asset landscape.

隨著案件的繼續展開，所有人的目光都將集中在即將提交的法庭文件和最終判決上。這場高風險法律戰的解決將對加密貨幣監管的未來和更廣泛的數位資產格局產生深遠影響。