SEC 对 Ripple 提出 20 亿美元罚款要求：误导性策略还是越权？

Ripple 首席法务官表示，美国证券交易委员会 (SEC) 将向 Ripple 寻求 20 亿美元的罚款。 Stuart Alderoty 在 Twitter 上宣布，SEC 将要求法官处以罚款。自 2020 年以来，Ripple 和 SEC 一直在打官司，监管机构指控 Ripple 以 XRP 的形式出售未注册的证券。

SEC's $2 Billion Penalty Demand: A False and Misleading Gambit?

SEC 的 20 亿美元罚款要求：虚假且具有误导性的策略？

Has the SEC Overreached in Its Pursuit of Ripple?

SEC 对 Ripple 的追查是否有些过头了？

The Securities and Exchange Commission (SEC) is seeking a staggering $2 billion in penalties from Ripple Labs, the fintech firm behind the cryptocurrency XRP. This bombshell announcement, made by Ripple's Chief Legal Officer Stuart Alderoty on Twitter, has sent shockwaves through the crypto industry.

美国证券交易委员会 (SEC) 正在寻求对加密货币 XRP 背后的金融科技公司 Ripple Labs 处以 20 亿美元的巨额罚款。 Ripple 首席法务官斯图尔特·阿尔德罗蒂 (Stuart Alderoty) 在 Twitter 上发布的这一爆炸性公告在加密货币行业引起了轩然大波。

Alderoty has accused the SEC of "trading in statements that are false, mischaracterized and designed to mislead." He claims that the regulator's intent is to "punish and intimidate Ripple—and the industry at large."

阿尔德罗蒂指责美国证券交易委员会“以虚假、错误描述和旨在误导的声明进行交易”。他声称监管机构的目的是“惩罚和恐吓 Ripple 以及整个行业”。

A Legal Battle That's Been Brewing for Years

一场酝酿多年的法律战

The SEC's legal battle with Ripple has been simmering since 2020, when the regulator accused the company of selling unregistered securities in the form of XRP. Ripple has steadfastly denied these allegations, arguing that XRP is a utility token and not a security.

自 2020 年以来，SEC 与 Ripple 的法律斗争一直在酝酿，当时监管机构指控该公司以 XRP 的形式出售未注册的证券。 Ripple 坚决否认这些指控，认为 XRP 是一种实用代币，而不是证券。

In a partial victory for Ripple last year, a judge ruled that programmatic sales of XRP to retail investors did not constitute securities. However, the judge did find that $728 million worth of contracts for institutional sales did constitute unregistered securities sales.

去年 Ripple 取得了部分胜利，法官裁定向散户投资者程序化销售 XRP 不构成证券。然而，法官确实发现，价值 7.28 亿美元的机构销售合同确实构成未注册的证券销售。

Ripple's Partial Win: A Sign of Things to Come?

Ripple 的部分胜利：未来的迹象？

Despite the judge's mixed ruling, investors and Ripple Labs interpreted it as a win for the broader crypto industry. They saw it as a sign that the SEC's aggressive approach to regulating cryptocurrencies was not likely to succeed.

尽管法官的裁决褒贬不一，但投资者和 Ripple Labs 仍将其解读为更广泛的加密行业的胜利。他们认为这是一个迹象，表明美国证券交易委员会监管加密货币的激进方法不太可能成功。

Ripple's CEO Takes Aim at the SEC

Ripple首席执行官将矛头指向美国证券交易委员会

Last month, Ripple CEO Brad Garlinghouse called the SEC "very hostile" and accused SEC Chairman Gary Gensler of being a "political liability." Garlinghouse has argued that Gensler's way of regulating the crypto industry is not working.

上个月，Ripple 首席执行官布拉德·加林豪斯 (Brad Garlinghouse) 称 SEC“非常敌对”，并指责 SEC 主席加里·詹斯勒 (Gary Gensler) 是“政治责任”。加林豪斯认为 Gensler 监管加密货币行业的方式不起作用。

SEC's Crackdown on Crypto

SEC 对加密货币的打击

Ripple is just one of many companies that the SEC has targeted in recent years. The financial watchdog has hit major American crypto exchanges and lenders with lawsuits, alleging that they have sold unregistered securities in the form of digital tokens.

Ripple只是美国证券交易委员会近年来瞄准的众多公司之一。该金融监管机构已对美国主要加密货币交易所和贷方提起诉讼，指控他们以数字代币的形式出售未注册的证券。

The SEC's Silence and Ripple's Unwillingness to Comment

SEC 的沉默和 Ripple 不愿发表评论

The SEC has declined to comment further on its $2 billion penalty demand. Ripple has also declined to provide a comment to Decrypt at the time of writing.

SEC 拒绝对其 20 亿美元的罚款要求进一步置评。截至撰写本文时，Ripple 还拒绝向 Decrypt 发表评论。

What's Next for Ripple and the SEC?

Ripple 和 SEC 的下一步是什么？

The legal battle between Ripple and the SEC is ongoing. It remains to be seen whether the SEC will succeed in its pursuit of Ripple and whether the crypto industry will be able to withstand the regulator's crackdown.

Ripple 与 SEC 之间的法律斗争正在进行中。 SEC 对 Ripple 的追捕能否成功，加密行业能否经受住监管机构的打压，还有待观察。