币安律师提出动议驳回 SEC 修改后的起诉书，认为加密资产不是证券

代表币安（BNB）和 CZ 的律师辩称，美国证券交易委员会修改后的起诉书只是对法院先前不承认加密资产为证券的裁决进行了“口头承诺”。

Binance and former CEO Changpeng “CZ” Zhao filed a motion on Monday to dismiss an amended complaint submitted by the Securities and Exchange Commission last month in the ongoing legal battle over whether crypto assets sold by the exchange are securities.

币安和前首席执行官赵长鹏周一提出动议，驳回美国证券交易委员会上个月提交的修改后的申诉，该申诉正在进行中，该诉讼涉及交易所出售的加密资产是否为证券。

In a Nov. 4 filing, the lawyers representing Binance (BNB) and CZ argue that the SEC’s amended complaint pays “lip service” to the court’s previous ruling that does not recognize crypto assets as securities. Despite this, they believe that the SEC has refused to acknowledge the ruling’s impact on the trade of digital assets.

在 11 月 4 日提交的文件中，代表币安 (BNB) 和 CZ 的律师辩称，SEC 修改后的起诉书只是对法院先前不承认加密资产为证券的裁决进行了“口头承诺”。尽管如此，他们认为 SEC 拒绝承认该裁决对数字资产交易的影响。

If the court’s ruling that crypto does not fall under securities is followed, then that would mean secondary market resales of the assets do not count as “securities” transactions.

如果遵循法院关于加密货币不属于证券的裁决，那么这将意味着资产的二级市场转售不算作“证券”交易。

“The SEC’s Amended Complaint continues to insist that virtually all transactions involving crypto assets—including blind secondary market resales of tokens—are securities transactions because some buyers might hope the assets will increase in value,” the lawyers wrote.

律师们写道：“美国证券交易委员会修订后的起诉书继续坚称，几乎所有涉及加密资产的交易（包括代币的盲目二级市场转售）都是证券交易，因为一些买家可能希望资产增值。”

The filing also points out that the SEC’s amended complaint still lacks the legal basis that differentiates between assets and investment contracts, arguing that assets themselves do not count as investment contracts simply because they were offered to customers “as part of a package of promises and expectations.”

该文件还指出，美国证券交易委员会修改后的起诉书仍然缺乏区分资产和投资合同的法律依据，认为资产本身并不算作投资合同，仅仅因为它们是“作为一揽子承诺和期望的一部分”提供给客户的。 ”。

Moreover, it states that the SEC still does not implement clear standards for courts, litigants, or market participants that indicate which digital asset transactions fall under the category of investment contracts and which do not.

此外，它还指出，美国证券交易委员会仍然没有为法院、诉讼当事人或市场参与者实施明确的标准，以表明哪些数字资产交易属于投资合同类别，哪些不属于投资合同类别。

They claim the SEC has a tendency of choosing “winners and losers arbitrarily,” mentioning a recently abandoned case involving Ether transactions that were recognized as investment contracts.

他们声称美国证券交易委员会有任意选择“赢家和输家”的倾向，并提到了最近被放弃的涉及被视为投资合约的以太币交易的案件。

“The agency even admits that its non-test cannot differentiate securities from Beanie Babies at the pleading stage,” the lawyers wrote.

律师们写道：“该机构甚至承认，其非测试无法在辩护阶段将证券与 Beanie Babies 区分开来。”

The rest of the document details the arguments against cases that the SEC have brought up involving Binance and CZ. The document ends with a request to dismiss the SEC’s claims against Binance and Changpeng Zhao without leaving room to amend.

该文件的其余部分详细介绍了针对 SEC 提出的涉及币安和 CZ 案件的论据。该文件最后请求驳回 SEC 对币安和赵长鹏的指控，且不留修改空间。

Last September, SEC filed an amended complaint again Binance and CZ, stating that it never intended to assign the securities label to cryptocurrencies and tokens. The agency explained it uses securities as a shorthand to refer to various aspects of crypto sales.

去年 9 月，SEC 再次向 Binance 和 CZ 提交了修改后的投诉，称其从未打算将证券标签分配给加密货币和代币。该机构解释说，它使用证券作为速记来指代加密货币销售的各个方面。

In the end, the SEC vowed to use the term “crypto asset securities” and apologized for the confusion it caused.

最终，SEC 誓言使用“加密资产证券”一词，并为其造成的混乱道歉。

On June 5, 2023, the SEC filed a lawsuit against Binance, CZ, and several affiliated companies for violating securities trading regulations. The agency cites the violation on the grounds of a court document that the SEC recognized the BNB token and the BUSD stablecoin as securities.

2023 年 6 月 5 日，SEC 对币安、CZ 及多家关联公司违反证券交易规定提起诉讼。该机构援引法院文件的违规行为，该文件称 SEC 承认 BNB 代币和 BUSD 稳定币为证券。

Binance is not the only crypto-related entity to have legal troubles with the SEC due to being regarded as a security. The SEC also have lawsuits against Coinbase and Ripple based on allegations that these businesses offered unregistered crypto asset securities.

币安并不是唯一一家因被视为证券而与 SEC 发生法律纠纷的加密相关实体。美国证券交易委员会还对 Coinbase 和 Ripple 提起诉讼，指控这些企业提供未经注册的加密资产证券。