持续的Ripple诉SEC诉讼在加密市场中造成不确定性

持续的Ripple诉SEC诉讼在加密市场中造成了不确定性，引起了人们对XRP价格稳定性的担忧。

The crypto market is known for its volatility, which can be further exacerbated by legal cases. One such case, which has been the subject of much speculation and analysis, is the ongoing lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple.

加密市场以其波动性而闻名，法律案件可能会进一步加剧。一个这样的案件，一直是大量投机和分析的主题，是美国证券交易委员会（SEC）和波纹之间的持续诉讼。

The case, which began in December 2020, centers on the SEC’s claims that Ripple sold unregistered securities in the form of XRP to investors. The SEC is seeking to collect unpaid taxes from Ripple executives and enjoin Ripple from further violations of federal securities law.

该案始于2020年12月，以SEC的说法为中心，即波纹以XRP的形式出售了未注册的证券。 SEC正在寻求从波纹高管那里收取未付税，并禁止Ripple免受进一步违反联邦证券法的行为。

As the case has dragged on, there has been much speculation about a possible settlement between the two parties. Earlier this year, the SEC reached an agreement to dismiss a case against crypto exchange FTX after the exchange filed for bankruptcy. This move sparked predictions that the SEC might agree to settle the case with Ripple in a similar fashion.

随着案件的拖延，人们对两党之间可能的解决方案有很多猜测。今年早些时候，SEC达成了一项协议，以驳回对加密交易所FTX的案件，此前该交易所申请破产。此举引发了预测，SEC可能同意以类似的方式解决此案。

However, other legal experts have pointed out that the two cases are not entirely comparable and that the SEC might be less inclined to settle the case with Ripple. The case against FTX was at a relatively early stage when it was dismissed, while the case against Ripple has already been the subject of several court hearings and motions.

但是，其他法律专家指出，这两个案件并不完全可比，而SEC可能不太愿意与Ripple解决此案。针对FTX的案件正处于相对较早的阶段，当时对Ripple的案件已经成为几次法院听证会和动议的主题。

Another factor that could influence the likelihood of a settlement is the potential impact on the crypto market. The case has already had a significant impact on the market, with XRP price dropping sharply in 2022.

可能影响解决可能性的另一个因素是对加密市场的潜在影响。该案已经对市场产生了重大影响，XRP价格在2022年急剧下降。

If the case were to continue for another year or two, it could have a devastating effect on the token’s value, warns legal expert Bill Morgan.

法律专家比尔·摩根（Bill Morgan）警告说，如果案件继续持续一两年，它可能会对代币的价值产生毁灭性的影响。

Moreover, rumors of a settlement could quickly vanish without any explanation, leaving investors in the dark about the true status of the case. This lack of clarity could also serve to destabilize the market and decrease the market value of XRP.

此外，关于和解的谣言可能很快就消失了，而无需任何解释，这使投资者对案件的真实地位处于黑暗状态。缺乏清晰度也可能有助于破坏市场稳定并降低XRP的市场价值。

Despite the lawsuit, which is seen as a legal technicality, the blockchain company has continued to expand its business globally, according to Ripple Senior Vice President Eric van Miltenburg.

Ripple高级副总裁埃里克·范·米尔滕堡（Eric Van Miltenburg）表示，尽管诉讼被视为法律技术，但区块链公司仍在全球范围内扩大业务。

The company is making significant progress in its strategic initiatives, and its operations are not dependent on the SEC’s actions. However, analysts believe that the uncertainty surrounding the lawsuit will undoubtedly affect XRP price in the long run.

该公司在其战略计划中取得了重大进展，其运营并不取决于SEC的行动。但是，分析人士认为，从长远来看，围绕诉讼的不确定性无疑会影响XRP价格。

As the case drags on, there has been no shortage of opinions from legal experts on the possible outcomes of the case and its impact on XRP price. Some experts believe that the case could be settled as early as this year, although there is always a possibility of further delays.

随着案件的拖延，法律专家就案件的可能结果及其对XRP价格的影响不足。一些专家认为，尽管总有可能进一步延误，但该案可能早在今年就可以解决。

With the SEC now displaying a pattern of dismissing litigation after reaching an agreement, crypto enthusiasts anticipate a similar outcome for the case against Ripple.

随着SEC在达成协议后展示了驳回诉讼的模式，加密助人的爱好者预计对Ripple的案件有类似的结果。

However, the unique aspect of the case is that the SEC chair announced the agency’s intention to sue firms for offering crypto products without proper registration. This broadens the scope of the SEC’s actions in the crypto sphere.

但是，案件的独特方面是，SEC主席宣布了该机构的意图起诉公司在没有适当注册的情况下提供加密产品。这扩大了SEC在加密球体中行动的范围。

In a statement, House Republican Conference Chair Ann Wagner expressed her stance on the SEC’s role in regulating crypto. According to Wagner, the SEC has been given clear authority by Congress to regulate digital assets like Bitcoin and XRP.

众议院共和党会议主席安·瓦格纳（Ann Wagner）在一份声明中表达了她对SEC在调节加密货币方面的作用的立场。根据瓦格纳（Wagner）的说法，国会已赋予SEC明确的权威，以规范比特币和XRP等数字资产。

Despite this, she claims that the agency has neglected its responsibility and instead chosen to pursue a strategy of deterrence and punishment.

尽管如此，她声称该机构忽略了其责任，而是选择采取威慑和惩罚策略。

According to lawyer Fred Rispoli, the recent decisions by the SEC in other cases suggest that a resolution could come quickly. Recently, the crypto exchange FTX reached an agreement with the SEC for the pending case to be dismissed after the exchange filed for bankruptcy.

根据律师弗雷德·里斯波利（Fred Rispoli）的说法，在其他情况下，美国证券交易委员会（SEC）的最新决定表明，决议可能很快。最近，加密货币交易所FTX与SEC达成了一项协议，要求在申请破产后将被驳回的悬而未决的案件。

Earlier this year, the SEC announced an administrative proceeding against crypto exchange Binance and its CEO Changpeng Zhao for allegedly defrauding investors.

今年早些时候，美国证券交易委员会（SEC）宣布了针对加密交易所二元公司（Crypto Exchange Binance）及其首席执行官张赵（Changpeng Zhao）的行政程序，据称涉嫌欺骗投资者。

In April, the SEC dropped the case after FTX reached an agreement to return funds to investors. Rispoli stated that if the SEC is open to quickly dismissing cases after an agreement is reached, then it stands to reason that they would be equally swift in closing cases where an agreement has already been obtained.

4月，在FTX达成协议将资金退还给投资者之后，SEC撤销了此案。里斯波利（Rispoli）表示，如果SEC在达成协议后开放迅速驳回案件，那么有理由认为，在已经获得协议的案件中，他们同样会迅速迅速。

According to his analysis, a close examination of the facts reveals that the SEC is not necessarily biased towards shutting down cases rapidly. Rather, they prefer to take their time and ensure that cases are fully adjudicated before reaching a decision.

根据他的分析，对事实的仔细检查表明，SEC不一定会迅速关闭案件。相反，他们更喜欢花时间，并确保在做出决定之前对案件进行充分的裁决。

However, Rispoli notes that in cases where there is a clear violation of the law and the parties are willing to cooperate, the SEC has demonstrated a willingness to move swiftly and cooperate with the parties involved.

但是，里斯波利指出，在明显违反法律和当事方愿意合作的情况下，美国证券交易委员会表明愿意迅速与相关方合作。

In the case of Coinbase, which is being sued by the SEC for allegedly registering with the agency before selling securities, Rispoli believes that the agency might be more inclined to accept a settlement that involves Coinbase registering its services as a crypto exchange.

对于Coinbase的情况，SEC涉嫌在出售证券之前向该机构注册的Coinbase，Rispoli认为，该机构可能更倾向于接受涉及Coinbase将其服务注册为加密货币交易所的解决方案。

However, if Coinbase is adamant about registering its services in a way that complies with the crypto industry’s standards, Rispoli anticipates that the case could last for another 12 to 18 months.

但是，如果Coinbase坚持以符合加密行业标准的方式注册其服务，Rispoli预计此案可以持续12到18个月。

According to legal expert Bill Morgan, the market instability arising from ongoing doubts will tend to decrease the market value of XRP. A rapid resolution of the lawsuit may benefit XRP in the long run. But, continuing litigation may affect the token value.

根据法律专家比尔·摩根（Bill Morgan）的说法，由于持续的疑问而引起的市场不稳定将倾向于降低XRP的市场价值。从长远来看，诉讼的快速解决可能会使XRP受益。但是，持续的诉讼可能会影响令牌价值。

Moreover, rumors of a settlement may

此外，关于解决方案的谣言可能