美國證券交易委員會（SEC）放棄了另一項引人注目的加密貨幣訴訟。

這次，該機構駁回了對加密貨幣市場中主要流動性提供商坎伯蘭郡的案件。

The U.S. Securities and Exchange Commission (SEC) has abandoned another high-profile cryptocurrency lawsuit. This time, the agency is dismissing its case against Cumberland, a major liquidity provider in the crypto market.

美國證券交易委員會（SEC）放棄了另一項引人注目的加密貨幣訴訟。這次，該機構駁回了對加密貨幣市場中主要流動性提供商坎伯蘭郡的案件。

According to Coinpedia, the SEC and Cumberland reached a joint agreement to drop the case, pending final approval from SEC commissioners.

根據Coinpedia的說法，SEC和Cumberland達成了一項共同協議以撤銷此案，待SEC專員的最終批准。

This move adds to a growing pattern. Over the past year, the SEC has backed down from lawsuits against Coinbase (COIN), Robinhood (HOOD), Uniswap (UNI-USD), and Gemini. Many in the crypto industry see this as a sign the agency is rethinking its enforcement strategy.

此舉增加了增長的模式。在過去的一年中，SEC已從針對Coinbase（Coin），Robinhood（Hood），Uniswap（Uni-USD）和Gemini的訴訟中退縮。加密貨幣行業中的許多人都將其視為該機構正在重新考慮其執法策略的標誌。

However, one major case remains untouched. The lawsuit against Ripple Labs (CRYPTO:RPL) is still ongoing, leaving many to wonder why the SEC refuses to back down in this particular battle.

但是，一個主要案件仍然沒有觸及。針對Ripple Labs（加密：RPL）的訴訟仍在進行中，讓許多人想知道為什麼SEC拒絕在這場特定的戰鬥中退縮。

Unlike the dropped cases, the SEC’s lawsuit against Ripple has dragged on since 2020. The agency claims Ripple’s sale of XRP violated securities laws.

與撤銷的案件不同，SEC針對Ripple的訴訟自2020年以來一直拖延。該機構聲稱Ripple出售XRP違反了證券法。

In 2023, Ripple scored a partial victory when a judge ruled that XRP is not a security when sold to retail investors. However, the SEC quickly appealed the decision.

2023年，當法官裁定XRP在出售給零售投資者時不是安全性時，Ripple取得了部分勝利。但是，SEC迅速對該決定提出上訴。

John Deaton, a lawyer representing XRP holders, noted that Ripple’s case carries higher stakes than the others.

代表XRP持有人的律師約翰·迪頓（John Deaton）指出，Ripple的案子比其他案件更高。

“Ripple’s case stands apart because it directly challenges the SEC’s authority over digital assets. The stakes are higher, and both sides are deeply entrenched,” Deaton said.

“ Ripple的案件與眾不同，因為它直接挑戰了SEC對數字資產的權威。賭注更高，雙方都深深地根深蒂固。” Deaton說。

According to him, the SEC’s persistence suggests that it sees Ripple’s case as a precedent-setting one—one it cannot afford to lose.

據他說，SEC的持久性表明，它認為Ripple的案子是先例所設定的案件 - 一個人無法承受損失。

The SEC’s recent case withdrawals also come at a time of leadership change. Former Chair Gary Gensler, known for his tough stance on crypto, has stepped down.

SEC最近的案件提款也是在領導力變動時進行的。前主席加里·貢斯勒（Gary Gensler）以對加密貨幣的堅強立場而聞名，他辭職了。

Acting Chair Mark Uyeda has signaled a more open approach, suggesting a possible shift in how the agency handles crypto regulation.

代理主席馬克·烏耶達（Mark Uyeda）表示，一種更開放的方法，表明該機構如何處理加密貨幣法規可能會發生變化。

According to Blockchain Magazine, journalist Eleanor Terrett stated, “While the SEC has dropped several cases, Ripple’s lawsuit might be one of the last to resolve. The agency could be waiting to see how other legal precedents unfold.”

根據《區塊鏈》雜誌的報導，記者埃莉諾·特雷特（Eleanor Terrett）表示：“儘管SEC撤銷了幾起案件，但Ripple的訴訟可能是最後一項解決的訴訟之一。該機構可能正在等待查看其他法律先例是如何展開的。”

This means that even as other companies see their cases disappear, Ripple’s legal battle could continue.

這意味著，即使其他公司看到其案件消失，Ripple的法律鬥爭也可以繼續。

Investors are watching Friday’s White House Crypto Summit, where the U.S. government is expected to reveal details on a Crypto Strategic Reserve Asset.

投資者正在觀看周五的白宮加密峰會，預計美國政府將透露有關加密儲備儲備資產的細節。

According to Bob Mason of FX Empire, Trump’s crypto reserve plan could impact XRP’s demand. If XRP is included in the reserve, it could see increased institutional adoption.

根據FX Empire的鮑勃·梅森（Bob Mason）的說法，特朗普的加密儲備計劃可能會影響XRP的需求。如果XRP包括在保護區中，則可以看到機構採用的增加。

However, if lawmakers push back against its inclusion, the regulatory uncertainty could continue.

但是，如果立法者反對其包容性，則可能會繼續進行監管不確定性。

According to Mason, if the SEC withdraws its appeal, XRP could rally. Some analysts believe it could push past its all-time high of $3.55.

根據梅森的說法，如果SEC撤回其上訴，XRP可能會集結。一些分析師認為，它可能會超過其3.55美元的歷史高處。

However, if the SEC continues its fight, XRP’s price may struggle under ongoing legal uncertainty.

但是，如果SEC繼續戰鬥，XRP的價格可能會在持續的法律不確定性下掙扎。

At the time of writing, XRP is trading at $2.4938.

在撰寫本文時，XRP的交易價格為2.4938美元。