SEC 指定在 2025 年 1 月 15 日之前提交 Ripple Labs 上诉开庭简报的最后期限

上述文件是美国第二巡回上诉法院的正式命令。它规定，被指定为“上诉人-交叉上诉人”的 SEC 必须在规定的日期 2025 年 1 月 15 日之前提交其简报。

The U.S. Securities and Exchange Commission (SEC) has been given a final deadline of January 15, 2025, to file its opening brief in its appeal against Ripple Labs. If the SEC fails to meet this deadline, the Second Circuit Court of Appeals will dismiss the appeal, potentially ending the years-long case that has captivated the crypto community.

美国证券交易委员会 (SEC) 的最后期限是 2025 年 1 月 15 日，以提交针对 Ripple Labs 的上诉的开庭陈述。如果美国证券交易委员会未能在这一期限内完成，第二巡回上诉法院将驳回上诉，从而可能结束这场困扰加密货币社区多年的案件。

This development represents a critical moment for both Ripple and the regulatory landscape for cryptocurrency in the United States, as the case’s outcome could have far-reaching implications.

这一事态发展对瑞波币和美国加密货币的监管格局来说都是一个关键时刻，因为此案的结果可能会产生深远的影响。

The document above is an official order from the United States Court of Appeals for the Second Circuit. It specifies that the SEC, designated as the “Appellant-Cross-Appellee,” must submit its brief by the set date of January 15, 2025. This order was filed in response to a scheduling notification by the SEC’s counsel, following a request for additional preparation time due to the complexities of the case.

上述文件是美国第二巡回上诉法院的正式命令。它规定，被指定为“上诉人交叉上诉人”的 SEC 必须在规定日期 2025 年 1 月 15 日之前提交其简报。此命令是根据 SEC 律师在要求由于案件的复杂性，需要额外的准备时间。

The court’s message is clear: if the SEC misses this deadline, its appeal will be automatically dismissed, bringing Ripple one step closer to a legal victory.

法院的信息很明确：如果 SEC 错过了这个最后期限，其上诉将被自动驳回，使 Ripple 离法律胜利又近了一步。

The order also underscores that no additional time extensions will be granted that could affect this filing deadline. The court refers to a past ruling, RLI Insurance Co. v. JDJ Marine, Inc., to reinforce that this deadline is final, emphasizing the urgency and seriousness with which the court is handling the case.

该命令还强调，不会给予可能影响该提交截止日期的额外时间延期。法院参考了过去的一项裁决（RLI Insurance Co. v. JDJ Marine, Inc.），以强调该最后期限是最终期限，并强调法院处理此案的紧迫性和严肃性。

Background on the SEC v. Ripple Case

SEC 诉 Ripple 案的背景

The SEC’s lawsuit against Ripple Labs began in December 2020, when the agency alleged that Ripple conducted an unregistered securities offering through its sale of XRP tokens.

美国证券交易委员会对 Ripple Labs 的诉讼始于 2020 年 12 月，当时该机构指控 Ripple 通过销售 XRP 代币进行未经注册的证券发行。

Ripple has consistently refuted these claims, maintaining that XRP is not a security. The case has become one of the most closely watched in the crypto space, as it may set a precedent for how other digital assets are regulated in the U.S.

Ripple 一直反驳这些说法，坚称 XRP 不是一种证券。该案件已成为加密货币领域最受关注的案件之一，因为它可能为美国如何监管其他数字资产树立先例

A major turning point came in July 2023, when U.S. District Judge Analisa Torres issued a mixed ruling. Judge Torres ruled that XRP sales to institutional investors did violate securities laws, but sales on public exchanges did not. This partial victory for Ripple was celebrated by the crypto community, as it signaled that public XRP sales might be exempt from securities regulations.

2023 年 7 月出现了重大转折，美国地区法官阿娜丽莎·托雷斯 (Analisa Torres) 做出了混合裁决。托雷斯法官裁定，向机构投资者销售 XRP 确实违反了证券法，但在公共交易所进行销售则没有。 Ripple 的这一部分胜利受到了加密货币社区的庆祝，因为它表明公开的 XRP 销售可能会免受证券监管。

The SEC subsequently filed an appeal, hoping to challenge Judge Torres’ ruling and reassert its authority over certain aspects of the crypto market. Ripple, in turn, filed a cross-appeal to dispute the parts of the ruling that went against the company. The case took another twist in October 2024 when the SEC requested additional time for filing, which the court granted with a strict deadline set for early 2025.

美国证券交易委员会随后提出上诉，希望对托雷斯法官的裁决提出质疑，并重申其对加密货币市场某些方面的权威。 Ripple 随后提出交叉上诉，对裁决中不利于该公司的部分提出异议。 2024 年 10 月，该案再次出现转折，当时 SEC 要求延长立案时间，法院批准了这一请求，并将严格的截止日期定为 2025 年初。

Optimism for Ripple

对瑞波币的乐观态度

With the court-imposed deadline in place, the crypto community is optimistic about Ripple’s prospects. XRP has already seen a surge in trading volume, reflecting investor confidence in the company’s chances. Ripple’s leadership, including CEO Brad Garlinghouse and Executive Chairman Chris Larsen, continues to push back against the SEC’s claims, aiming for a definitive ruling that would dismiss the remaining securities charges.

随着法院规定的最后期限的到来，加密社区对 Ripple 的前景感到乐观。 XRP 的交易量已经激增，反映出投资者对该公司机会的信心。 Ripple 的领导层，包括首席执行官布拉德·加林豪斯 (Brad Garlinghouse) 和执行主席克里斯·拉森 (Chris Larsen)，继续反驳 SEC 的指控，旨在做出最终裁决，驳回剩余的证券指控。

As the January 15, 2025, deadline looms, Ripple’s case is at a pivotal point. A dismissal of the SEC’s appeal would not only be a victory for Ripple but could also reinforce the stance that certain digital assets may not fall under traditional securities laws.

随着 2025 年 1 月 15 日截止日期的临近，Ripple 的案件正处于关键时刻。驳回 SEC 的上诉不仅是 Ripple 的胜利，而且还可能强化某些数字资产可能不受传统证券法管辖的立场。