隨著第二巡迴法院對 Govil v. SEC 案的裁決，Ripple 的法律地位得到加強

第二巡迴上訴法院最近的一項裁決可能會大大削弱 SEC 對 Ripple Labs 的訴訟，加強 Ripple 的辯護，並可能為其節省數十億美元的沒收和罰款。 Govil 的裁決以欺詐性證券發行為中心，規定在沒有證據證明投資者實際遭受財務損失的情況下，美國證券交易委員會 (SEC) 不能追繳非法所得。 Ripple 的首席法務官 Stuart Alderoty 稱讚這項決定對 SEC 來說是一次挫折，也是 Ripple 因出售 XRP 代幣而提起的訴訟中的潛在生命線。

Ripple's Legal Standing Bolstered by Second Circuit Court Decision in SEC v. Govil

Ripple 的法律地位因第二巡迴法院在 SEC v Govil 案中的裁決而得到加強

In a significant development that could profoundly impact the ongoing legal battle between Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC), the Second Circuit Court of Appeals has issued a ruling that has the potential to significantly weaken the SEC's case and bolster Ripple's defense.

這是一項可能對Ripple Labs Inc. 與美國證券交易委員會(SEC) 之間正在進行的法律鬥爭產生深遠影響的重大進展，第二巡迴上訴法院發布了一項裁決，該裁決有可能大大削弱SEC的案件，加強瑞波的防禦。

The case in question, SEC v. Govil, involved allegations of fraudulent securities offerings by Aron Govil through his company, Cemtrex, Inc.. The SEC sought to obtain disgorgement, a court order compelling the return of allegedly ill-gotten funds.

所涉案件「SEC 訴 Govil」涉及對 Aron Govil 透過其公司 Cemtrex, Inc. 進行欺詐性證券發行的指控。SEC 尋求獲得沒收贓物款，這是一項強制退還涉嫌非法所得資金的法院命令。

However, in a landmark decision, the Second Circuit ruled that the SEC lacks the authority to pursue disgorgement unless investors can demonstrate that they have suffered actual financial losses. This "no harm, no foul" stance represents a significant departure from the SEC's previous approach and provides a potential lifeline for Ripple in its own ongoing lawsuit.

然而，在一項具有里程碑意義的裁決中，第二巡迴法院裁定，除非投資者能夠證明他們遭受了實際的財務損失，否則美國證券交易委員會無權追究非法所得。這種「不傷害、不犯規」的立場與 SEC 先前的做法截然不同，並為 Ripple 正在進行的訴訟提供了潛在的生命線。

Ripple's Chief Legal Officer, Stuart Alderoty, swiftly hailed the Govil decision as a major victory for the company. He highlighted the SEC's recent string of setbacks and emphasized the ruling's direct relevance to Ripple's case against the regulatory agency.

Ripple 的首席法務官 Stuart Alderoty 迅速稱讚 Govil 的決定是公司的重大勝利。他強調了 SEC 最近遭遇的一系列挫折，並強調該裁決與 Ripple 起訴監管機構的案件直接相關。

"The SEC continues to lose," Alderoty stated in a tweet. "The Second Circuit Court of Appeals... held that if a buyer suffers no financial loss, the SEC is not entitled to disgorgement from the seller."

「美國證券交易委員會繼續失敗，」阿爾德羅蒂在推文中表示。 “第二巡迴上訴法院……認為，如果買方沒有遭受經濟損失，美國證券交易委員會無權向賣方追繳贓物。”

The SEC is seeking a hefty $2 billion in disgorgement and penalties from Ripple, alleging that the company sold unregistered securities in the form of its XRP tokens. The Govil decision raises serious questions about the validity of the SEC's disgorgement claims, potentially saving Ripple a substantial sum if the court adopts a similar reasoning.

美國證券交易委員會 (SEC) 正在向 Ripple 尋求 20 億美元的巨額返還和罰款，指控該公司以 XRP 代幣的形式出售未註冊的證券。 Govil 的裁決對 SEC 沒收非法所得索賠的有效性提出了嚴重質疑，如果法院採用類似的推理，可能會為 Ripple 節省一大筆錢。

Bolstered by the Govil precedent, Ripple is now preparing to respond to the SEC's $2 billion demand. April 22nd marks a critical date as the company prepares its formal response to the penalty sought by the SEC. Legal experts anticipate a robust defense from Ripple, potentially citing the Govil decision to challenge the disgorgement aspect of the SEC's case.

在 Govil 先例的支持下，Ripple 現在準備回應 SEC 的 20 億美元要求。 4 月 22 日是公司準備對 SEC 處罰尋求正式回應的關鍵日期。法律專家預計 Ripple 會做出強有力的辯護，可能會援引 Govil 的決定來質疑 SEC 案件中的沒收非法所得問題。

The outcome of this legal battle has far-reaching implications for the entire cryptocurrency industry. A victory for Ripple could establish a significant precedent that makes it more challenging for the SEC to pursue disgorgement in future crypto-related cases. Conversely, a victory for the SEC would solidify its regulatory authority over the digital asset space.

這場法律戰的結果對整個加密貨幣產業有著深遠的影響。 Ripple 的勝利可能會開創一個重要的先例，使 SEC 在未來的加密相關案件中追究非法所得的難度更大。相反，美國證券交易委員會的勝利將鞏固其對數位資產領域的監管權威。

May 6th looms as another potential turning point in the Ripple-SEC saga. While the exact nature of the proceedings remains confidential, the date could mark the filing of key motions or the scheduling of crucial court hearings.

5 月 6 日即將成為 Ripple-SEC 傳奇的另一個潛在轉捩點。雖然訴訟程序的確切性質仍然保密，但該日期可能標誌著關鍵動議的提交或重要法庭聽證會的安排。

The legal battle between Ripple and the SEC is far from over. With the Govil decision adding a new layer of complexity to the proceedings, the coming weeks and months promise to be a period of intense legal wrangling as both sides seek to secure a decisive victory in this high-stakes case that has captivated the attention of the cryptocurrency community and beyond.

Ripple 與 SEC 之間的法律戰還遠未結束。隨著戈維爾的裁決為訴訟程序增添了新的複雜性，未來幾週和幾個月有望成為激烈的法律爭論時期，因為雙方都力求在這一高風險案件中取得決定性勝利，該案件引起了法院的關注。