Ripple 反对 SEC 将 ODL XRP 销售归类为投资

在 Ripple 与 SEC 正在进行的法律战中，Ripple 声称其按需流动性（ODL）平台上的 XRP 销售不构成投资合同。该公司对 SEC 的指控提出异议，认为 ODL 交易与传统投资不同，因为客户短期持有 XRP 以促进跨境支付。 Ripple 已对美国证券交易委员会 (SEC) 的返还非法所得和预判利息的要求提出反对，并提供 1000 万美元来解决罚款。

Ripple Challenges SEC Classification of ODL XRP Sales as Investment Contracts

Ripple 挑战 SEC 将 ODL XRP 销售分类为投资合约

In a pivotal development in the ongoing legal battle between Ripple Labs and the Securities and Exchange Commission (SEC), Ripple has filed an opposition memorandum arguing that its XRP sales through the On-Demand Liquidity (ODL) service do not constitute investment contracts. This argument directly challenges the SEC's central allegation that XRP is an unregistered security.

Ripple Labs 与美国证券交易委员会 (SEC) 之间正在进行的法律斗争的一个关键进展是，Ripple 提交了一份反对备忘录，辩称其通过按需流动性 (ODL) 服务销售的 XRP 不构成投资合同。这一论点直接挑战了 SEC 的核心指控，即 XRP 是一种未注册的证券。

Bill Morgan Presents Compelling Arguments

比尔·摩根提出了令人信服的论点

Leading pro-XRP attorney Bill Morgan has asserted that ODL contracts fail to meet the essential criteria of investment contracts. He emphasizes that ODL transactions are fundamentally different from traditional investments and serve a distinct purpose: facilitating cross-border payments.

支持 XRP 的主要律师 Bill Morgan 声称 ODL 合约未能满足投资合约的基本标准。他强调，ODL 交易与传统投资有根本不同，并且有一个独特的目的：促进跨境支付。

Morgan highlights that ODL customers hold XRP for mere seconds, solely to execute cross-border transactions,而非作为投资。此外，瑞波的合同明确禁止客户期望从 XRP 购买中获利。这一关键论点有力地驳斥了 SEC 关于 XRP ODL 用途的主张，并支持了 Ripple 在法律纠纷中的立场。

Morgan highlights that ODL customers hold XRP for mere seconds, solely to execute cross-border transactions,而非作为投资。此外，瑞波的合同明确禁止客户期望从 XRP 购买中获利。这一关键论点有力地驳斥了 SEC 关于 XRP ODL 用途的主张，并支持了 Ripple 在法律纠纷中的立场。

Monica Long Testifies on Ripple's Subsidiaries

Monica Long 就 Ripple 子公司作证

Further bolstering Ripple's defense, Monica Long, President of Ripple Labs, provided testimony affirming that Ripple's subsidiaries handle ODL transactions exclusively outside the United States. This testimony directly contradicts the SEC's assertions that Ripple engages directly with ODL customers, further solidifying Ripple's position in the ongoing legal dispute.

Ripple Labs 总裁 Monica Long 提供的证词进一步支持了 Ripple 的辩护，证实 Ripple 的子公司仅在美国境外处理 ODL 交易。这一证词直接与 SEC 关于 Ripple 直接与 ODL 客户打交道的说法相矛盾，进一步巩固了 Ripple 在正在进行的法律纠纷中的地位。

Ripple Agrees to Pay $10 Million Penalty

Ripple 同意支付 1000 万美元罚款

While Ripple has agreed to pay a maximum penalty of $10 million to settle charges related to unregistered securities sales, it vehemently opposes the SEC's demands for disgorgement and prejudgment interest. Ripple CEO Brad Garlinghouse has expressed optimism about Ripple's position, especially in light of recent events involving SEC lawyers. He has cautioned against the grave consequences of the SEC's overreaching policies and expressed confidence in Ripple's legal strategy.

尽管 Ripple 同意支付最高 1000 万美元的罚款来解决与未注册证券销售相关的指控，但它强烈反对美国证券交易委员会 (SEC) 返还非法所得和预判利息的要求。 Ripple 首席执行官布拉德·加林豪斯 (Brad Garlinghouse) 对 Ripple 的立场表示乐观，特别是考虑到最近涉及 SEC 律师的事件。他警告美国证券交易委员会过度政策的严重后果，并表示对 Ripple 的法律策略充满信心。

Case Outcome Holds Significance

案件结果具有重要意义

The outcome of Ripple's legal battle with the SEC has far-reaching implications for both parties and the broader cryptocurrency industry. The court's decision will determine whether XRP is classified as a security, with potential consequences for other digital assets as well.

Ripple 与 SEC 的法律斗争的结果对双方以及更广泛的加密货币行业都产生了深远的影响。法院的裁决将决定 XRP 是否被归类为证券，这也可能对其他数字资产产生影响。

Ripple's defense has presented compelling arguments challenging the SEC's allegations. The strength of Ripple's legal arguments, coupled with the key testimony of Monica Long, suggests that Ripple is well-positioned in its defense against the SEC's accusations. The final decision by Judge Torres is eagerly anticipated and will have a significant impact on the future of XRP and the cryptocurrency landscape.

Ripple 的辩护提出了令人信服的论据来挑战 SEC 的指控。 Ripple 的法律论据的强度，加上 Monica Long 的关键证词，表明 Ripple 在针对 SEC 指控的辩护中处于有利地位。 Torres 法官的最终决定令人热切期待，并将对 XRP 和加密货币格局的未来产生重大影响。