SEC 要求最终判决，对 Ripple 诉讼处以 20 亿美元罚款

在 Ripple Labs 与 SEC 的诉讼中，SEC 提交了一份与补救措施相关的简报，寻求对 Ripple 做出最终判决，包括永久禁令、没收非法所得和总计近 20 亿美元的民事罚款。该简报认为，Ripple 进行未经注册的 XRP 发行，违反了证券法，并认为 Ripple 投诉后的 XRP 销售主要面向机构，损害了投资者的利益。 Ripple 高管批评 SEC 的非理性言论和不忠实遵守法律的行为。

SEC Demands Final Judgment and Penalties in Ripple Lawsuit

SEC 要求对 Ripple 诉讼做出最终判决和处罚

The United States Securities and Exchange Commission (SEC) has filed a remedies-related brief with the federal court, seeking a final judgment and substantial financial penalties against Ripple Labs Inc. The SEC's request includes permanent injunctions barring Ripple from further securities law violations, disgorgement of allegedly ill-gotten gains, prejudgment interest, and civil penalties totaling nearly $2 billion.

美国证券交易委员会 (SEC) 已向联邦法院提交了一份与补救措施相关的简报，寻求对 Ripple Labs Inc. 做出最终判决和巨额经济处罚。SEC 的请求包括永久禁令，禁止 Ripple 进一步违反证券法、追缴非法所得涉嫌非法所得、判决前利息和民事处罚总计近 20 亿美元。

SEC's Allegations and Arguments

SEC 的指控和论据

The SEC's brief contends that Ripple violated Section 5 of the Securities Act of 1933 by offering and selling unregistered digital asset securities in the form of XRP. According to the SEC, Ripple raised over $1.3 billion through these unregistered offerings, which were primarily sold to institutional investors.

美国证券交易委员会的简报称，Ripple 以 XRP 的形式提供和销售未经注册的数字资产证券，违反了 1933 年《证券法》第 5 条。据 SEC 称，Ripple 通过这些未注册的发行筹集了超过 13 亿美元，这些发行主要出售给机构投资者。

The SEC argues that Ripple intentionally misled investors by characterizing XRP as a utility token rather than a security. The SEC also alleges that Ripple failed to disclose discounts offered to institutional investors and did not adequately safeguard investor funds.

美国证券交易委员会认为，Ripple 将 XRP 描述为实用型代币而不是证券，从而故意误导投资者。美国证券交易委员会还指控 Ripple 未能披露向机构投资者提供的折扣，也没有充分保护投资者的资金。

Ripple Executives and Crypto Community React

Ripple 高管和加密货币社区的反应

Ripple executives and the cryptocurrency community have strongly criticized the SEC's remedies-related brief and other documents filed in the case. Ripple CEO Brad Garlinghouse dismissed the $2 billion penalty as "illogical" and "without precedent." He accused the SEC of gross abuse of power and a selective interpretation of the law.

Ripple 高管和加密货币社区强烈批评了美国证券交易委员会在该案中提交的与补救措施相关的简报和其他文件。 Ripple 首席执行官布拉德·加林豪斯 (Brad Garlinghouse) 驳斥了 20 亿美元的罚款，称其“不合逻辑”且“史无前例”。他指责美国证券交易委员会严重滥用权力并选择性地解释法律。

Stuart Alderoty, Ripple's Chief Legal Officer (CLO), accused the SEC of engaging in intimidation tactics and attempting to punish Ripple and the industry as a whole. Alderoty stated that Ripple would file its response to the SEC's brief in late April.

Ripple 首席法务官 (CLO) Stuart Alderoty 指责 SEC 采取恐吓策略，并试图惩罚 Ripple 和整个行业。 Alderoty 表示，Ripple 将于 4 月底对 SEC 的简报做出回应。

SEC's Proposed Orders

SEC 的拟议命令

In the proposed order submitted to the court, the SEC seeks the following penalties:

在提交给法院的拟议命令中，SEC 寻求以下处罚：

• $876,308,712 in disgorgement of allegedly ill-gotten gains
• $198,150,940 in prejudgment interest
• $876,308,712 in civil penalties

The SEC argues that these penalties are necessary to deter future securities law violations and to compensate investors who were allegedly harmed by Ripple's actions.

归还涉嫌非法所得 876,308,712 美元 判决前利息 198,150,940 美元 民事处罚 876,308,712 美元 SEC 认为，这些处罚是必要的，以阻止未来的证券法违法行为，并赔偿据称因 Ripple 行为而受到伤害的投资者。

Negotiations and Potential Outcomes

谈判和潜在结果

Ripple is expected to submit its opposition to the SEC's proposed order in April, and the SEC will file its reply in May. Judge Analisa Torres has extended the deadline for these submissions.

Ripple 预计将在 4 月份向 SEC 提议的命令提出反对意见，SEC 将于 5 月份提交答复。阿娜丽莎·托雷斯法官延长了提交这些材料的截止日期。

Legal experts believe that the parties may engage in negotiations to avoid a full trial on the remedies issue. Judge Torres could also play a role in facilitating a resolution that is fair to both parties and the public interest.

法律专家认为，双方可能会进行谈判，以避免就救济问题进行全面审判。托雷斯法官还可以在促进达成对双方和公共利益公平的解决方案方面发挥作用。

XRP Price Movement

XRP 价格走势

The release of the SEC's remedies-related brief and the reactions from Ripple executives have sparked increased interest in the cryptocurrency market. In the hours following the news, the price of XRP rose significantly, indicating that traders may be viewing the SEC's actions as a positive development for Ripple.

美国证券交易委员会发布的与补救措施相关的简报以及 Ripple 高管的反应引发了人们对加密货币市场的兴趣增加。在消息传出后的几个小时内，XRP 的价格大幅上涨，表明交易者可能将 SEC 的行动视为 Ripple 的积极进展。

However, it is important to note that the outcome of the lawsuit remains uncertain, and the price of XRP could fluctuate significantly depending on the court's decision and any subsequent appeals.

然而，值得注意的是，诉讼结果仍不确定，XRP 的价格可能会根据法院的判决和任何后续上诉而大幅波动。