Pro-XRP 法律专家 Jeremy Hogan 对 SEC 诉 Coinbase 诉讼的最新进展做出回应

受欢迎的支持 XRP 的法律专家杰里米·霍根 (Jeremy Hogan) 对 SEC 诉 Coinbase 诉讼的最新进展做出了回应，一名联邦法官批准了该交易所的中间上诉请求。

Popular pro-XRP legal expert Jeremy Hogan has reacted to the recent development in the SEC v. Coinbase lawsuit, where a federal judge granted the exchange’s interlocutory appeal request.

受欢迎的支持 XRP 的法律专家杰里米·霍根 (Jeremy Hogan) 对 SEC 诉 Coinbase 诉讼的最新进展做出了反应，一名联邦法官批准了该交易所的中间上诉请求。

In a surprising move, District Judge Katherine Polk Failla granted Coinbase the request to pursue an interlocutory appeal in its lawsuit against the SEC. The judge paused the remaining part of the case until the Second Circuit addressed the interlocutory appeal.

令人惊讶的是，地区法官 Katherine Polk Failla 批准了 Coinbase 在针对 SEC 的诉讼中提出中间上诉的请求。法官暂停了案件的剩余部分，直到第二巡回法院处理中间上诉。

Coinbase Chief Legal Officer Paul Grewal, as always, brought the development to the public’s attention in an X post yesterday. Grewal thanked the court for granting the exchange’s motion for leave to pursue an interlocutory appeal.

Coinbase 首席法务官 Paul Grewal 一如既往地在昨天的 X 帖子中向公众通报了这一进展。 Grewal 感谢法院批准交易所提出中间上诉的动议。

Over the strenuous objection of @SECGov, Judge Failla has GRANTED our motion for leave to pursue an interlocutory appeal and STAYED the district court litigation.

在 @SECGov 的强烈反对下，法伊拉法官批准了我们提出中间上诉的动议，并中止了地区法院的诉讼。

We appreciate the Court's careful consideration.

我们赞赏法院的认真考虑。

On to the Second Circuit we go.

我们前往第二巡回赛。

pic.twitter.com/FuZ2jcYvfF

— paulgrewal.eth (@iampaulgrewal) January 7, 2025

- paulgrewal.eth (@iampaulgrewal) 2025 年 1 月 7 日

Coinbase Latest Decision

Coinbase最新决定

The interlocutory appeal, as highlighted by Judge Failla, revolves around the question of whether an investment contract necessitates an actual contract. According to the judge, this issue presents “a controlling question of law” regarding the application of the Howey Test, a well-established security test in the United States, to crypto assets.

正如法伊拉法官强调的那样，中间上诉围绕着投资合同是否需要实际合同的问题。法官表示，这个问题提出了关于豪伊测试（美国成熟的安全测试）对加密资产的应用的“一个控制性法律问题”。

Despite criticizing Coinbase for attempting to discredit the SEC’s regulatory approach to crypto assets, the judge nevertheless granted its interlocutory appeal request, which was filed in April 2024.

尽管批评 Coinbase 试图抹黑 SEC 对加密资产的监管方式，但法官还是批准了其于 2024 年 4 月提出的中间上诉请求。

The judge pointed to conflicting rulings from other federal courts on this matter, emphasizing the need for guidance from a higher court such as the Second Circuit Court of Appeals.

法官指出其他联邦法院对此事的裁决相互矛盾，强调需要第二巡回上诉法院等更高一级法院的指导。

Attorney Hogan’s Reaction

霍根律师的反应

Commenting on the development, Attorney Hogan described the decision as “big news in the legal crypto space.” He added that the issue of whether an investment contract requires an actual contract is also a point of contention in the Ripple appeal, which is set to begin fully later this month.

霍根律师在评论事态发展时将这一决定描述为“合法加密货币领域的重大新闻”。他补充说，投资合同是否需要实际合同的问题也是 Ripple 上诉中的一个争论点，该上诉将于本月晚些时候全面开始。

According to Hogan, it is very rare for a district judge to grant an interlocutory appeal request. He said that the decision suggests that the judge “thinks there is something there.”

霍根表示，地区法官批准中间上诉请求的情况非常罕见。他说，这一决定表明法官“认为确实有问题”。

This indicates that the judge believes the issue of whether an investment contract requires an actual contract to be immediately reviewed by a higher court.

这表明法官认为投资合同是否需要实际合同的问题应立即由上级法院审查。

It can be recalled that a federal judge denied the SEC’s request for an interlocutory appeal in the Ripple lawsuit in October.

值得回忆的是，10 月份一位联邦法官驳回了 SEC 在 Ripple 诉讼中提出的中间上诉请求。

What’s Next in the Coinbase Lawsuit

Coinbase 诉讼的下一步是什么

Following Judge Failla’s decision, Coinbase will now file a notice of appeal with the Second Circuit. If the Second Circuit agrees to hear the appeal, Coinbase will submit its appeal brief, arguing why the SEC’s claims of violating federal securities laws are incorrect.

根据 Failla 法官的裁决，Coinbase 现在将向第二巡回法院提交上诉通知。如果第二巡回法院同意审理上诉，Coinbase 将提交上诉摘要，论证 SEC 违反联邦证券法的指控为何不正确。

The SEC will then file its opposition, and the Second Circuit will issue its decision. After that, Judge Katherine will resume the lawsuit at the district level.

然后，美国证券交易委员会将提出反对意见，第二巡回法院将发布其决定。此后，凯瑟琳法官将在地区一级恢复诉讼。

Meanwhile, the upcoming changes at the SEC could have a significant impact on the outcome of the lawsuit. Notably, crypto skeptic Gary Gensler will be succeeded as SEC chair by Paul Atkins, a pro-crypto advocate.

与此同时，美国证券交易委员会即将发生的变化可能会对诉讼结果产生重大影响。值得注意的是，加密货币怀疑论者加里·詹斯勒 (Gary Gensler) 将由支持加密货币的倡导者保罗·阿特金斯 (Paul Atkins) 接任 SEC 主席。

As a result, both parties may decide to settle the lawsuit and put an end to the legal battle, which started in June 2023.

因此，双方可能决定和解，结束自 2023 年 6 月开始的法律战。