“随着福克斯商业新闻记者埃莉诺·特雷特（Eleanor Terrett）报告美国证券交易委员会（SEC）和Ripple可能很快达成协议，新希望”

在XRP诉讼的可能转折点中，福克斯商业新闻记者埃莉诺·特雷特（Eleanor Terrett）周三报道说，美国证券交易委员会（SEC）和Ripple可能很快达成协议。

In a possible turning point for the hotly-discussed XRP lawsuit, Fox Business journalist Eleanor Terrett has reported that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement to end their dispute.

在炎热讨论的XRP诉讼的可能转折点中，福克斯商业新闻记者埃莉诺·特雷特（Eleanor Terrett）报告说，美国证券交易委员会（SEC）和Ripple可能很快就会达成协议以结束争议。

“Two well-placed sources tell me the SEC vs. Ripple case—which has engrossed the crypto world for over 18 months—could be coming to an end soon,” Terrett revealed on Wednesday.

Terrett在周三透露：“有两个良好的消息来源告诉我SEC与Ripple案（已全神贯注于加密货币世界已经有18个月以上）可能很快就会结束。”

According to her sources, the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding August’s district court ruling.

根据她的消息来源，达成协议的延误是由于Ripple的法律团队就8月份的地方法院裁决提出了更有利的条款。

That ruling hit Ripple with a $125 million fine and prohibited it from selling XRP to institutional investors. Terrett’s sources suggest the crypto firm’s team is pushing back, insisting that if the SEC’s new leadership aims to “wipe the enforcement slate clean” for previously-targeted crypto firms, then Ripple should not be subject to a judgment that may no longer reflect the agency’s stance.

该裁决以1.25亿美元的罚款袭击了Ripple，并禁止将XRP出售给机构投资者。 Terrett的消息来源表明，加密货币公司的团队正在向后推，并坚持认为，如果SEC的新领导层旨在“擦除执法板块清洁”，以便为以前的加密货币公司“清洁”，那么Ripple不应受到不再反映该机构立场的判断。

“There’s no real playbook for this,” Terrett added, emphasizing how this unique scenario may be “taking longer to resolve than the rest.”

Terrett补充说：“没有真正的剧本。”他强调了这种独特的场景可能“要花费更长的时间来解决比其他情况更长”。

An Easy Path To End The XRP Lawsuit

结束XRP诉讼的简单途径

Pro-XRP attorney Fred Rispoli, meanwhile, contends via X that resolving the dispute over the ruling should be relatively straightforward—if the SEC is willing.

同时，Pro-XRP律师弗雷德·里斯波利（Fred Rispoli）认为，解决裁决的争议应相对简单，如果愿意的话，应相对简单。

“I just don’t see this being the big issue some are making it out to be. In the broadest sense, it’s unorthodox, but not overly complicated,” Rispoli remarked.

“我只是看不到这是一些人所说的大问题。从最广泛的意义上讲，这是非正统的，但不是过于复杂。”里斯波利说。

According to Rispoli, there are multiple ways the agency and Ripple could neutralize Judge Torres’ order, which Rispoli believes will be appealed by the SEC if it reaches the Supreme Court.

根据里斯波里（Rispoli）的说法，该机构有多种方法可以中和托雷斯法官的命令，如果瑞斯波利（Rispoli）认为，如果该命令将在最高法院到达最高法院，将对SEC提出上诉。

“The SEC and Ripple can file a motion to vacate the judgment—the cleanest way to dispose of it. Telling the the Court ‘in consideration for potentially losing our entire crypto jurisdiction if we lose the appeal, we’re agreeing to vacate judgment in exchange for Ripple dropping its appeal.’ Torres is not going to second guess this.”

“ SEC和Ripple可以提出动议以撤离判决，这是处理判决的最清洁方法。告诉法院“考虑到我们可能会失去我们的整个加密管辖区，如果我们失去上诉，我们同意撤离判决，以换取波纹，以撤销其上诉。”托雷斯不会第二次猜测。”

He added that even without formally vacating the order, the SEC could draft an agreement stating it will not enforce the ruling for the same consideration.

他补充说，即使没有正式撤消该命令，SEC也可以起草一项协议，说该协议将不会为同一考虑而执行该裁决。

“The SEC doesn’t even have to vacate the order. It can simply draft an agreement with Ripple that it won’t enforce the judgment for the same consideration set out.

“ SEC甚至不必撤消订单。它可以简单地起草与Ripple的协议，即它不会以相同的考虑来执行判决。

“The SEC Enforcement Manual has all kinds of general, vague language that recommends cooperation and settlement over the uncertainties of litigation so the authority for this behavior is covered—but even if it weren’t, who cares? This isn’t a good thing, but the SEC (and most other .gov agencies) has proven it does what it wants, when it wants, without regard to due process. Here, it works in justice’s favor for once.”

“ SEC执法手册具有各种通用，模糊的语言，建议对诉讼的不确定性进行合作与解决，因此涵盖了这种行为的权威，但是即使不是，谁在乎？这不是一件好事，但是SEC（以及大多数其他.Gov机构）已证明它可以在需要时做到自己想要的，而无需考虑正当程序。在这里，它对正义有帮助。”

Despite Rispoli’s optimism, some community members are concerned about the possibility of stricter enforcement returning with different leadership in the future.

尽管里斯波利乐观，但一些社区成员仍然担心更严格的执法可能会在未来以不同的领导能力返回。

One user asked: “What if, say, in 4 years, we are back to a Gensler-style SEC and the SEC then tries to enforce the injunction?”

一位用户问：“如果说4年后，我们回到了Gensler型SEC，而SEC则试图执行禁令？”

To this, Rispoli replied:

为此，里斯波利回答：

“That’s the ONLY fear—and one that could be wiped out with a superseding agreement between SEC and Ripple. And if your scenario happens, crypto already lost and a lot more folks than just Ripple would be worried.”

“这是唯一的恐惧，也是SEC和Ripple之间的取代协议可以消除的恐惧。而且，如果您的情况发生了，加密货币已经丢失了，而不仅仅是波纹的人会更加担心。”

Can A Court’s Decision Really Be Overridden?

法院的决定真的可以被覆盖吗？

A second point of contention involves whether or not the SEC can effectively negate a district court’s decision through a negotiated settlement. Critics argue that administrative agencies should not have the authority to overturn final rulings made by Article III courts.

第二点涉及SEC是否可以通过谈判解决方案有效地否定地方法院的裁决。批评者认为，行政机构不应有权推翻第三条法院的最终裁决。

Rispoli, however, referenced a notable precedent involving Citigroup. He pointed to SEC v. Citigroup Global Markets, Inc., 673 F.3d 158 (2d Cir. 2012), where an appellate court reversed a district judge’s refusal to approve an SEC settlement.

然而，里斯波利提到了涉及花旗集团的显着先例。他指出，第673 F.3d 158（2dCir。2012）的Secv。CitigroupGlobal Markets，Inc。，在那里，上诉法院撤销了地方法院法官拒绝批准SEC解决方案。

“It’s happened before,” he noted, adding that courts typically grant substantial deference to consent decrees and settlement agreements proposed by the SEC and the entities it aims to sanction. In that case, the Second Circuit ruled that the district judge erred by failing to defer to the SEC’s judgment in accepting a settlement.

他指出：“这是以前发生的。在这种情况下，第二巡回法院裁定，地方法官未能遵守SEC接受和解的判决而犯了错误。

At press time, XRP traded at $2.21.

发稿时，XRP的交易价格为2.21美元。