“ Ripple撤回其交叉上訴”

“隨著加密貨幣公司在SEC案中撤回了其交叉競爭，Ripple與美國證券交易委員會的法律鬥爭已經達到最後階段。”

Since the SEC legal battle against Coinbase was settled, there have been speculations that the legal battle between the SEC and Ripple might also be settled soon.

由於SEC與Coinbase的法律鬥爭已經解決，因此有人猜測，SEC和Ripple之間的法律鬥爭也可能很快解決。

Now, Ripple CEO Brad Garlinghouse’s announcement about his company’s decision to withdraw its cross-appeal in the ongoing case with the SEC confirms that the legal battle has reached its final stage.

現在，Ripple首席執行官布拉德·加林豪斯（Brad Garlinghouse）宣布他公司決定在與SEC持續的案件中撤回其交叉訴訟的決定確認，法律鬥爭已達到最後階段。

The SEC, through Judge Analisa Torres, had secured an injunction against Ripple, restricting the company from selling XRP tokens to institutional players directly.

SEC通過Analisa Torres法官對Ripple頒布了禁令，將公司直接限制在將XRP代幣出售給機構參與者中。

The ruling by Judge Analisa Torres in the US District Court in the Southern District of New York determined that during the period from 2013 to 2019, portions of Ripple’s institutional sales constituted an unregistered securities offering. However, the judge decided that the crypto company’s sales of XRP through programmable contracts were not deemed to be investment contracts.

Analisa Torres法官在紐約南部地區的美國地方法院的裁決確定，在2013年至2019年期間，Ripple機構銷售的一部分構成了未註冊的證券產品。但是，法官認為，加密公司通過可編程合同的XRP銷售不被視為投資合同。

The SEC had instituted an action against Ripple in December 2020, alleging that the crypto company sold XRP without registering its offerings as required by federal securities laws.

SEC在2020年12月對Ripple提起訴訟，聲稱該加密貨幣公司在未根據聯邦證券法律要求的情況下出售了XRP。

After a three-year legal battle, Judge Torres ruled in April that portions of Ripple’s institutional sales fell under the ambit of investment contracts, which are subject to registration with the SEC. However, the judge determined that the crypto company’s sales of XRP through programmable contracts were not deemed to be investment contracts.

經過為期三年的法律鬥爭，托雷斯法官在4月裁定，波紋機構銷售的一部分屬於投資合同的範圍，這些合同需要在SEC進行註冊。但是，法官認為，加密公司通過可編程合同的XRP銷售並不是投資合同。

Following this ruling, the SEC applied for a summary judgment, which was granted by Judge Torres.

根據這項裁決，SEC申請了簡易判決，該判決是由托雷斯法官批准的。

After the summary judgment was made, both the SEC and Ripple applied for an appeal against Judge Analisa Torres’s ruling.

在做出簡易判決之後，SEC和Ripple都申請了對Analisa Torres法官的裁決的上訴。

Now, Garlinghouse has announced that the crypto company is withdrawing its cross-appeal, rendering the SEC’s appeal the final stage of this legal battle.

現在，加林豪斯（Garlinghouse）宣布，加密貨幣公司將撤回其交叉上訴，使SEC的上訴成為這場法律鬥爭的最後階段。

If the SEC requests the court to cancel the injunction against Ripple and the request is granted, the crypto company will be able to commence institutional sales again.

如果SEC要求法院取消針對Ripple的禁令並批准該請求，則加密貨幣公司將能夠再次開始機構銷售。

After Judge Analisa Torres ruled in April that portions of Ripple’s institutional sales fell under the ambit of investment contracts, the SEC applied for a summary judgment, which was granted by Judge Torres.

在4月，Analisa Torres法官裁定，Ripple機構銷售的一部分屬於投資合同的範圍之後，SEC申請了簡易判決，這是由Torres法官批准的。

After the summary judgment was made, both the SEC and Ripple applied for an appeal against Judge Analisa Torres’s ruling.

在做出簡易判決之後，SEC和Ripple都申請了對Analisa Torres法官的裁決的上訴。

Now, Garlinghouse has announced that the crypto company is withdrawing its cross-appeal, rendering the SEC’s appeal the final stage of this legal battle.

現在，加林豪斯（Garlinghouse）宣布，加密貨幣公司將撤回其交叉上訴，使SEC的上訴成為這場法律鬥爭的最後階段。

If the SEC requests the court to cancel the injunction against Ripple and the request is granted, the crypto company will be able to commence institutional sales again.

如果SEC要求法院取消針對Ripple的禁令並批准該請求，則加密貨幣公司將能夠再次開始機構銷售。

According to Rispoli, the injunction, which was secured by the SEC and placed on Ripple, has affected the crypto company severely.

根據里斯波里（Rispoli）的說法，由SEC確保並放在波紋上的禁令嚴重影響了加密貨幣公司。

The ruling by Judge Analisa Torres in the US District Court in the Southern District of New York determined that during the period from 2013 to 2019, portions of Ripple’s institutional sales constituted an unregistered securities offering. However, the judge decided that the crypto company’s sales of XRP through programmable contracts were not deemed to be investment contracts.

Analisa Torres法官在紐約南部地區的美國地方法院的裁決確定，在2013年至2019年期間，Ripple機構銷售的一部分構成了未註冊的證券產品。但是，法官認為，加密公司通過可編程合同的XRP銷售不被視為投資合同。

The SEC had instituted an action against Ripple in December 2020, alleging that the crypto company sold XRP without registering its offerings as required by federal securities laws.

SEC在2020年12月對Ripple提起訴訟，聲稱該加密貨幣公司在未根據聯邦證券法律要求的情況下出售了XRP。

After a three-year legal battle, Judge Torres ruled in April that portions of Ripple’s institutional sales fell under the ambit of investment contracts, which are subject to registration with the SEC. However, the judge determined that the crypto company’s sales of XRP through programmable contracts were not deemed to be investment contracts.

經過為期三年的法律鬥爭，托雷斯法官在4月裁定，波紋機構銷售的一部分屬於投資合同的範圍，這些合同需要在SEC進行註冊。但是，法官認為，加密公司通過可編程合同的XRP銷售並不是投資合同。

According to Rispoli, the injunction, which was secured by the SEC and placed on Ripple, has affected the crypto company severely.

根據里斯波里（Rispoli）的說法，由SEC確保並放在波紋上的禁令嚴重影響了加密貨幣公司。