经过四年多的法律斗争，SEC正式撤销了针对Ripple的诉讼

经过四年多的法律斗争，美国证券交易委员会（SEC）正式撤回针对Ripple的诉讼。该消息已使XRP飙升了10％以上

The U.S. Securities and Exchange Commission (SEC) is officially withdrawing its lawsuit against Ripple after more than four years of legal battles. The news has sent XRP soaring over 10%.

在经过四年多的法律斗争之后，美国证券交易委员会（SEC）将正式撤回针对Ripple的诉讼。该消息使XRP飙升了10％以上。

At the time of writing (8:40 ET), XRP was trading at $2.53, according to CoinMarketCap data. This represents a 12% and 18% increase in the daily and weekly charts, respectively.

根据CoinMarketCap数据，在撰写本文时（8:40 ET）的交易价格为2.53美元。这分别代表每日和每周图表增长12％和18％。

The Lawsuit That Shook The Crypto Industry

动摇加密行业的诉讼

The SEC initially sued Ripple in December 2020, alleging the company had raised $1.3 billion through the unregistered sale of XRP, which the agency classified as a security.

SEC最初于2020年12月起诉Ripple，指控该公司通过未注册的XRP出售筹集了13亿美元，该机构将其归类为安全。

A major turning point came in 2023 when U.S. Judge Analisa Torres ruled that while Ripple had violated securities laws in institutional sales, its programmatic sales to retail investors did not break regulations. The decision was seen as a partial win for Ripple, leading the SEC to file a notice of appeal.

一个重大的转折点是2023年，当时美国法官Analisa Torres裁定，尽管Ripple违反了机构销售中的证券法，但其对零售投资者的计划销售并未违反法规。该决定被视为Ripple的部分胜利，导致SEC提出上诉通知。

However, the latest development confirms the agency is abandoning its appeal, effectively bringing the case to a close.

但是，最新的发展证实该机构正在放弃上诉，实际上使该案结束了。

The SEC's decision to drop the case also comes amid broader shifts in regulatory enforcement. In recent months, the Commission has also backed down from investigations into major crypto companies, including Coinbase and Kraken.

SEC决定撤销此案的决定也在监管执法方面发生了更大的转变。最近几个月，该委员会还从包括Coinbase和Kraken在内的主要加密公司进行了调查。

The departure of former SEC Chair Gary Gensler and the nomination of Paul Atkins to lead the agency under the Trump administration may have played a role in the SEC's retreat.

前美国证券交易委员会主席加里·根斯勒（Gary Gensler）的离开和保罗·阿特金斯（Paul Atkins）领导特朗普政府领导的机构的提名可能在SEC的撤退中发挥了作用。

XRP price soars on the daily chart, source: CoinMarketCap

XRP价格在每日图表上飙升，来源：CoinMarketCap

Earlier this year, Gensler faced criticism for his handling of the crypto market, with some accusing him of being too slow to provide clear regulatory guidance.

今年早些时候，Gensler因其处理加密市场而面临批评，其中一些人指责他太慢而无法提供明确的监管指导。

The case against Ripple had become a key battleground in the broader cryptocurrency space, with many in the industry following the developments closely. A victory for the SEC could have had far-reaching implications for other crypto projects.

反涟漪的案件已成为更广泛的加密货币领域中的关键战场，业内许多人都紧随其后。 SEC的胜利可能对其他加密项目具有深远的影响。

Ripple CEO Brad Garlinghouse has termed the latest development as a "resounding victory," highlighting a turning point for the cryptocurrency industry.

Ripple首席执行官布拉德·加林豪斯（Brad Garlinghouse）将最新的发展称为“巨大的胜利”，重点介绍了加密货币行业的转折点。

"This is it – the moment we've been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let's build," Garlinghouse commented on X.

“就是这样 - 我们一直在等待的那一刻。SEC将放弃其吸引力 - 为Ripple，Crypto，您看到的各种方式，这是巨大的胜利。未来是光明的。让我们建立。”

The lawsuit had been a point of contention since its onset, with many arguing that the SEC's actions were stifling innovation in the crypto sector.

自发作以来，该诉讼一直是争论的点，许多人认为SEC的行动正在扼杀加密货币部门的创新。

The case arose after the SEC began investigating Ripple in 2019, eventually filing a lawsuit in December 2020. The agency claimed that Ripple had sold XRP to raise billions of dollars without registering the offerings with the SEC, as required for any security.

SEC于2019年开始调查Ripple之后，最终于2020年12月提起诉讼。该机构声称，Ripple已将XRP卖给了数十亿美元，而无需按照任何担保要求在SEC登记。

The SEC's complaint also focused on the nature of XRP, with the agency maintaining that the token should be classified as a security. This classification would subject XRP to SEC regulation and require the company to comply with specific disclosure and registration obligations.

SEC的投诉还集中在XRP的性质上，该机构坚持认为，代币应归类为安全。此分类将遵守XRP法规，并要求公司遵守特定的披露和注册义务。

Throughout the case, Ripple maintained that XRP was not a security and that the SEC's actions were an overreach of its authority. The company argued that its token sales were programmatic and open to the public, characteristics that, according to Ripple, disqualified XRP from being classified as a security.

在整个案件中，Ripple坚持认为XRP不是安全性，而SEC的行动是对其权威的推翻。该公司认为，它的代币销售是程序化的，并向公众开放，根据Ripple的说法，这些特征是取消了XRP的资格。

The case unfolded over several years, with both parties presenting their arguments in court and engaging in legal procedures. Finally, in 2023, U.S. Judge Analisa Torres ruled that while Ripple had violated securities laws in its institutional sales, its programmatic sales to retail investors did not break regulations.

该案在几年中展开了，双方都在法庭上提出了他们的论点并从事法律程序。最终，在2023年，美国法官Analisa Torres裁定，尽管Ripple在其机构销售中违反了证券法，但其对零售投资者的计划销售并未违反法规。

The decision was seen as a partial win for Ripple, leading the SEC to file a notice of appeal. However, the latest development confirms the agency is abandoning its appeal, effectively bringing the case to a close.

该决定被视为Ripple的部分胜利，导致SEC提出上诉通知。但是，最新的发展证实该机构正在放弃上诉，实际上使该案结束了。

The SEC's decision to drop the case also comes amid broader shifts in regulatory enforcement. In recent months, the Commission has also backed down from investigations into major crypto companies, such as Coinbase and Kraken, and dropped cases against hedge fund manager Mathew Martoma and former Credit Suisse Group AG executives.

SEC决定撤销此案的决定也在监管执法方面发生了更大的转变。近几个月来，该委员会还从Coinbase和Kraken等主要加密公司的调查中退缩，并撤销了针对对冲基金经理Mathew Martoma和前信贷集团AG AG高管的案件。

Moreover, the departure of former SEC Chair Gary Gensler and the nomination of Paul Atkins to lead the agency under the Trump administration may have played a role in the SEC's retreat.

此外，前美国证券交易委员会主席加里·金斯勒（Gary Gensler）的离开和保罗·阿特金斯（Paul Atkins）领导特朗普政府领导的机构的提名可能在SEC的撤退中发挥了作用。

Earlier this year, Gensler faced criticism for his handling of the crypto market, with some, including former SEC commissioner Paul McWilliams, accusing him of being too slow to provide clear regulatory guidance.

今年早些时候，Gensler因对加密市场的处理而面临批评，其中一些人（包括前SEC专员Paul McWilliams）指责他太慢而无法提供明确的监管指导。

The case against Ripple had become a key battleground in the broader cryptocurrency space, with many in the industry following the developments closely. A victory for the SEC could have had far-reaching implications for other crypto projects and the market in general.

反涟漪的案件已成为更广泛的加密货币领域中的关键战场，业内许多人都紧随其后。 SEC的胜利可能对其他加密项目和总体市场具有深远的影响。

The ruling by Judge Torres, especially concerning the programmatic sales, could influence how future cases regarding crypto are handled in the U.S.

托雷斯法官的裁决，尤其是有关程序销售的裁决，可能会影响美国未来有关加密货币的案件

As the dust settles on this legal battle, the cryptocurrency industry will be watching closely to see what the implications are for

随着尘埃在这场法律斗争中的稳定，加密货币行业将密切关注，以了解其含义是什么