Tron 挑戰 SEC 權威，援引「重大問題」原則

Tron Blockchain 尋求駁回 SEC 的訴訟，稱監管機構對在全球平台上進行的外國數位資產發行缺乏權威。這家區塊鏈公司認為，美國證券交易委員會試圖將美國安全法擴展到主要是外國行為，這超出了其範圍。 Tron 進一步聲稱，相關代幣不符合 Howey 測試下的投資合約標準，而且 SEC 的指控缺乏具體性，未能確定個人角色並提供所謂受害者的詳細資訊。

Tron Challenges SEC Authority in Major Questions Doctrine Plea

Tron 在重大問題上挑戰 SEC 權威

In a bold move, Justin Sun's Tron Blockchain has petitioned the New York Federal Court to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC), invoking the major questions doctrine. The blockchain platform contends that the SEC has exceeded its authority by asserting jurisdiction over its "foreign digital asset offerings to foreign purchasers on global platforms."

賈斯汀·孫（Justin Sun）的波場區塊鏈（Tron Blockchain）採取了一項大膽舉措，援引重大問題原則，請求紐約聯邦法院駁回美國證券交易委員會（SEC）提起的訴訟。該區塊鏈平台聲稱，美國證券交易委員會對其「在全球平台上向外國買家提供的外國數位資產」行使管轄權，從而超出了其權限。

SEC's Extraterritorial Reach Questioned

SEC 的域外影響力受到質疑

Tron argues that the SEC's attempt to apply US securities laws to transactions that primarily took place outside the United States is an improper extension of its powers. The blockchain firm emphasizes that the SEC's role as a regulator does not extend beyond US borders, and its intrusion into foreign affairs is unlawful.

Tron 認為，美國證券交易委員會試圖將美國證券法適用於主要在美國境外發生的交易，這是其權力的不當延伸。該區塊鏈公司強調，美國證券交易委員會作為監管者的角色不會超出美國邊境，其乾預外交事務是非法的。

Allegations Deemed Vague and Unspecific

被認為含糊且不具體的指控

The SEC's lawsuit alleges that Sun and his companies orchestrated an "unregistered offer and sale of crypto asset securities." However, Tron dismisses these accusations as lacking specificity and failing to establish a clear legal basis for the claims.

美國證券交易委員會的訴訟稱，孫宇晨及其公司精心策劃了「未經註冊的加密資產證券發行和銷售」。然而，Tron 駁回了這些指控，認為這些指控缺乏具體性，並且未能為這些指控建立明確的法律依據。

"The SEC's allegations are hyperbolic and lack any specific details or evidence," the motion states. "The generalized nature of the complaint fails to provide a clear understanding of each defendant's alleged role in the purported violations."

動議稱：“美國證券交易委員會的指控是誇張的，缺乏任何具體細節或證據。” “投訴的籠統性質未能清楚地了解每個被告在所謂的違法行為中所扮演的角色。”

Howey Test Not Met

未滿足 Howey 測試

Tron further contends that the SEC has failed to demonstrate that the tokens in question meet the criteria of an investment contract under the Howey test. This test requires the existence of an investment, expectation of profits, reliance on the efforts of others, and a common enterprise. Tron argues that its tokens do not meet these criteria and are therefore not securities.

Tron 進一步辯稱，SEC 未能證明相關代幣符合 Howey 測試下的投資合約標準。這個測試需要存在投資、利潤預期、對他人努力的依賴以及共同的企業。 Tron 辯稱，其代幣不符合這些標準，因此不是證券。

No Victims Identified

尚未確認罹難者身份

Additionally, Tron points out that the SEC's complaint does not identify any specific victims who suffered losses as a result of the alleged misconduct. This omission, Tron argues, further undermines the SEC's case.

此外，Tron 指出，美國證券交易委員會的投訴並未指出因涉嫌不當行為而遭受損失的任何具體受害者。 Tron 認為，這項遺漏進一步削弱了 SEC 的立場。

SEC Overreach a Threat to Innovation

SEC 過度擴張對創新構成威脅

Tron's legal challenge is not only a defense against the SEC's lawsuit but also a broader assertion of the blockchain industry's autonomy. The platform argues that the SEC's overreach is stifling innovation and limiting the growth of the crypto space.

Tron 的法律挑戰不僅是對 SEC 訴訟的辯護，也是對區塊鏈產業自主權的更廣泛的主張。該平台認為，美國證券交易委員會的越權行為正在扼殺創新並限制加密貨幣領域的成長。

"The SEC's attempt to assert control over foreign transactions conducted on global platforms is a dangerous precedent that threatens the development of new technologies and undermines the free market," the motion states.

動議稱：“美國證券交易委員會試圖對全球平台上進行的外國交易進行控制，這是一個危險的先例，威脅著新技術的發展並破壞了自由市場。”

Implications for the Crypto Industry

對加密產業的影響

The outcome of Tron's legal challenge has far-reaching implications for the entire crypto industry. If the court rules in favor of Tron, it could establish a precedent for limiting the SEC's regulatory authority over foreign crypto transactions. Conversely, a ruling against Tron would give the SEC broad discretion to enforce US securities laws against any company operating in the global crypto market.

Tron 法律挑戰的結果對整個加密產業有著深遠的影響。如果法院做出有利於 Tron 的裁決，則可能會開創限制 SEC 對外國加密貨幣交易監管權限的先例。相反，針對 Tron 的裁決將賦予 SEC 廣泛的自由裁量權，以針對在全球加密市場運營的任何公司執行美國證券法。

The case is closely watched by other blockchain firms and legal experts, who view it as a potential landmark decision that could shape the regulatory landscape for digital assets.

此案受到其他區塊鏈公司和法律專家的密切關注，他們認為這是一個潛在的里程碑式決定，可能會塑造數位資產的監管格局。