Ripple Labs可能很快结束了与SEC的长期法律斗争

SEC和Ripple Labs之间的长期法律斗争于2020年12月发起，涉嫌13亿美元未注册的XRP出售，很快就会结束

The protracted legal battle between the Securities and Exchange Commission (SEC) and Ripple Labs, which commenced in December 2020, may soon reach its conclusion, according to a report by Fox Business.

福克斯商业公司的一份报告显示，根据2020年12月开始的证券与交易委员会（SEC）（SEC）和Ripple Labs之间的旷日持久的法律斗争可能很快就会得出结论。

The crux of the case centers on the alleged $1.3 billion unregistered sale of XRP (CRYPTO: XRP) and whether the cryptocurrency's utility and trading status align more closely with a commodity, similar to Ethereum (CRYPTO: ETH), or a security.

该案件的症结集中在涉嫌13亿美元未注册的XRP出售（加密：XRP）以及加密货币的公用事业和交易状态是否与类似于以太坊（Crypto：ETH）的商品更紧密地保持一致。

This comparison has become a pivotal factor in determining the case's outcome, especially as the SEC transitions under new leadership and is currently reassessing its stance on crypto.

这种比较已成为确定案件结果的关键因素，尤其是当SEC在新领导下的转变并目前正在重新评估其对加密货币的立场。

Following administrative law judge Analisa Torres's partial ruling in July, which found that Ripple's programmatic sales of XRP were not subject to registration requirements due to the blind bid process used in such transactions, the case has taken a significant turn.

遵循行政法法官Analisa Torres在7月的部分裁决，发现Ripple的XRP程序销售不受此类交易中使用的盲目出价过程的注册要求，此案已经发生了很大的转变。

However, the judge also ruled that institutional sales of XRP were indeed securities, and the agency had failed to prove that Ripple had intent to defraud investors.

但是，法官还裁定，XRP的机构销售确实是证券，该机构未能证明Ripple有意欺骗投资者。

After August saw a district court impose a $125 million fine and an injunction on Ripple, halting the firm's ability to sell institutional tranches of XRP, a new development has unfolded.

在八月看到一个地方法院罚款1.25亿美元，并对Ripple施加了禁令，停止了公司出售XRP机构批判的能力，这是一项新的开发项目。

According to Fox Business senior correspondent Charles Gasparino on X, the instance of Ethereum is crucial in the ongoing discussions.

据Fox Business高级通讯员查尔斯·加斯帕里诺（Charles Gasparino）在X上说，以太坊的实例在正在进行的讨论中至关重要。

"I am told the @ethereum example is key. Both had 'ICOs' to fund the platforms. But while they were raising money, in the case of ETH, it became a commodity," Gasparino explained further.

加斯帕里诺进一步解释说：“我被告知@Ethereum示例是关键。两者都有'ICO'来资助这些平台。但是，尽管他们筹集资金，但就ETH而言，它变成了商品。”

He added, "Those facts are not in dispute. Yet, no one went after ETH. But Ripple is being sued and they may now be settling. But if they are, it will be on terms favorable to them."

他补充说：“这些事实没有争议。然而，没有人追随ETH。但是Ripple被起诉，现在可能正在解决。但是，如果有的话，这将以对他们有利的条件。”

Gasperino stated that the SEC is now examining whether XRP can be classified in a similar manner, considering its sustained trading activity and utility.

Gasperino表示，考虑到其持续的交易活动和效用，SEC现在正在研究XRP是否可以以类似的方式进行分类。

Further reporting by Fox Business's Eleanor Terrett sheds light on the delay in finalizing the case. Terrett noted that Ripple's legal team is pushing for better terms following the August ruling, which imposed a $125 million fine and an injunction on institutional XRP sales.

Fox Business的Eleanor Terrett的进一步报道阐明了最终确定此案的延迟。 Terrett指出，在八月裁决之后，Ripple的法律团队正在推动更好的条件，该裁决罚款1.25亿美元，并对机构XRP销售进行了禁令。

"The argument, I'm told, is that if the new SEC leadership is wiping the enforcement slate clean for all previously-targeted crypto firms, why should Ripple still be penalized?" Terrett posted on X.

“有人告诉我，这个论点是，如果新的SEC领导层正在为所有先前针对的加密货币公司清洁执法板块，那么为什么Ripple仍然应该受到惩罚？” Terrett发布在X上。

Moreover, Terrett pointed out that the agency has dropped cases against Coinbase (NASDAQ:COIN), OpenSea, Robinhood (NASDAQ:HOOD) and UniSwap (CRYPTO: UNI) and is now forming a task force to decide which crypto assets are securities, a task that will be headed by Commissioner Hester Peirce, also known as "Crypto Mom."

此外，特雷特指出，该机构已经撤销了针对Coinbase（NASDAQ：COIN），Opensea，Robinhood（Nasdaq：Hood）和Uniswap（Crypto：Uni）的案件，现在正在组建一个工作组，现在决定了哪些加密资产是证券，该任务是由Commissioner Hester Peirce，Crype，Crype of Crype，''

Also Read: Bitcoin Price Remains Around $79,000 As Payrolls Miss, But Unemployment Claims Drop

另请阅读：比特币的价格仍然约为79,000美元，因为薪资率是未曾失业的索赔下降

The lawsuit's trajectory has shifted notably after Judge Analisa Torres made her partial ruling in July.

在Analisa Torres法官在7月做出部分裁决之后，诉讼的轨迹显着转移。

Her decision focused on the nature of Ripple's token offerings, ultimately finding that the programmatic sales were not sold in violation of Section 5 of the Securities Act.

她的决定着重于Ripple代币产品的性质，最终发现该程序销售并未违反《证券法》第5条。

This ruling was a setback for the SEC, which has been waging a broad campaign to classify most cryptocurrencies as securities.

这项裁决是SEC的挫折，该裁决一直在开展广泛的运动，以将大多数加密货币归类为证券。

However, the judge did decide in favor of the SEC on the final point of contention: that the agency's actions were not "arbitrary, capricious, an abuse of discretion, or otherwise unlawful.”

但是，法官确实在争论的最后点决定了SEC的支持：该机构的行动不是“任意，反复无常，滥用酌处权或其他非法”。

The case has taken a new turn with the recent administrative law judge's ruling.

该案与最近的行政法法官的裁决有关。