Coinbase 的裁决威胁 Ripple 的 XRP 诉讼

最近一项针对 Coinbase 质押行为的裁决引发了人们对其可能对正在进行的 Ripple 与 SEC 诉讼的影响的担忧。该决定驳回了 Coinbase 驳回 SEC 诉讼的动议，导致法律专家质疑法官 Analisa Torres 早先在 XRP 案件中的决定是否可以被推翻。

Coinbase Ruling Raises Stakes in Ripple's XRP Lawsuit: Experts Warn of Ripple Reversal

Coinbase 的裁决增加了 Ripple 的 XRP 诉讼风险：专家警告 Ripple 逆转

A recent bombshell decision by a federal court against cryptocurrency exchange Coinbase has sent shockwaves through the crypto community, casting a long shadow over the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC) over its XRP token. In a setback for Coinbase, the court rejected its motion to dismiss a lawsuit filed by the SEC, ruling that the Commission had provided ample evidence to establish Coinbase's status as an exchange, broker, and clearing agency subject to federal securities laws.

联邦法院最近针对加密货币交易所 Coinbase 做出的重磅裁决在加密货币社区引起了轩然大波，给 Ripple Labs 和美国证券交易委员会 (SEC) 之间围绕其 XRP 代币正在进行的法律斗争蒙上了长长的阴影。 Coinbase 遭遇挫折的是，法院驳回了驳回 SEC 提起诉讼的动议，裁定 SEC 已提供充足的证据来确立 Coinbase 作为受联邦证券法管辖的交易所、经纪人和清算机构的地位。

This landmark ruling has raised eyebrows among legal experts, who see it as a potential harbinger of trouble for Ripple's XRP lawsuit. Charles Gasparino, a renowned securities lawyer, tweeted that Judge Katherine Failla's decision against Coinbase "should be a warning to $XRP holders that Judge Torres's @Ripple analysis is likely to be reversed by the federal courts."

这一具有里程碑意义的裁决引起了法律专家的关注，他们认为这可能是 Ripple 的 XRP 诉讼陷入困境的先兆。著名证券律师 Charles Gasparino 在推特上表示，法官 Katherine Failla 对 Coinbase 的裁决“应该向 $XRP 持有者发出警告，托雷斯法官的 @Ripple 分析可能会被联邦法院推翻。”

Judge Analisa Torres had previously ruled in favor of Ripple, holding that XRP was not a security. However, Judge Failla's decision demonstrates a shift in judicial sentiment, suggesting that Judge Torres's analysis may be overturned on appeal.

法官 Analisa Torres 此前曾做出有利于 Ripple 的裁决，认为 XRP 不是证券。然而，法伊拉法官的决定表明了司法情绪的转变，表明托雷斯法官的分析可能会在上诉时被推翻。

The Coinbase ruling also highlights the SEC's growing concerns about the sale of unregistered tokens and the practice of staking, where investors earn rewards for holding certain cryptocurrencies. The SEC's crackdown on these activities is seen as an effort to protect investors from potential fraud and abuse in the largely unregulated crypto market.

Coinbase 的裁决还凸显了 SEC 对未注册代币的销售和质押做法日益担忧，投资者通过持有某些加密货币来获得奖励。美国证券交易委员会对这些活动的打击被视为是为了保护投资者免受基本上不受监管的加密货币市场中潜在的欺诈和滥用行为的影响。

"The Coinbase staking practice and non-registered token sales are cause for concern for the SEC," said Jeremy Hogan, a prominent crypto lawyer. "This decision signals a more aggressive approach by the SEC to regulate the crypto industry."

著名加密货币律师杰里米·霍根 (Jeremy Hogan) 表示：“Coinbase 的质押做法和未注册的代币销售引起了 SEC 的担忧。” “这一决定标志着美国证券交易委员会将采取更积极的方式来监管加密货币行业。”

Meanwhile, the Coinbase ruling has also opened the door to a potential settlement between Ripple and the SEC. With the prospect of a lengthy and uncertain legal battle looming large, Ripple could seek to negotiate an early settlement to resolve the uncertainties surrounding the case.

与此同时，Coinbase 的裁决也为 Ripple 与 SEC 之间达成和解打开了大门。随着一场漫长且不确定的法律斗争的前景迫在眉睫，Ripple 可能会寻求通过谈判达成早期和解，以解决围绕该案的不确定性。

"Ripple may be more willing to compromise with the SEC to avoid further legal expenses and uncertainty," said Jake Chervinsky, another crypto lawyer.

另一位加密货币律师 Jake Chervinsky 表示：“Ripple 可能更愿意与 SEC 妥协，以避免进一步的法律费用和不确定性。”

The legal drama surrounding Coinbase and Ripple's XRP lawsuit is far from over. The Coinbase ruling has added a new layer of complexity to the case and has raised the stakes for Ripple. As the legal battle continues, it remains to be seen how the courts will ultimately rule on the status of XRP. One thing is for certain: the outcome of this case will have far-reaching implications for the entire crypto industry.

围绕 Coinbase 和 Ripple 的 XRP 诉讼的法律戏剧还远未结束。 Coinbase 的裁决使案件变得更加复杂，并提高了 Ripple 的赌注。随着法律斗争的继续，法院最终将如何裁决 XRP 的地位还有待观察。有一点是肯定的：此案的结果将对整个加密行业产生深远的影响。