Ripple Labs 提交 Form C 交叉上诉以挑战 SEC 诉讼的关键方面

Ripple Labs 已向美国第二巡回上诉法院向 SEC 发起挑战，并提交了 Form C 交叉上诉以对关键方面提出异议

Ripple has filed a cross-appeal in the US Court of Appeals for the Second Circuit to contest key aspects of the SEC lawsuit against the company. This filing comes in response to the SEC's appeal, which followed a favorable district court ruling for Ripple earlier this year.

Ripple 已向美国第二巡回上诉法院提起交叉上诉，对 SEC 对该公司提起的诉讼的关键方面提出异议。该文件是对 SEC 上诉的回应，该上诉是在今年早些时候地区法院做出对 Ripple 有利的裁决之后提出的。

The SEC had alleged that certain XRP transactions to institutional investors constituted securities, a claim that was partially upheld by the lower court. Ripple's cross-appeal will challenge this ruling and also address the SEC's broader stance on cryptocurrency regulation.

美国证券交易委员会声称，向机构投资者进行的某些 XRP 交易构成证券，这一主张得到了下级法院的部分支持。 Ripple 的交叉上诉将挑战这一裁决，并解决 SEC 对加密货币监管的更广泛立场。

According to Ripple Chief Legal Officer Stuart Alderoty, the appeal will involve a de novo review of all issues, and the SEC will not be able to introduce new evidence or request additional materials from Ripple. The court will only consider the record that has already been set.

Ripple 首席法务官 Stuart Alderoty 表示，上诉将涉及对所有问题进行重新审查，SEC 将无法提出新证据或要求 Ripple 提供额外材料。法院只会考虑已经设定的记录。

The appeal will specifically address whether Ripple's transfers of XRP qualify as securities under the Howey test, which is used to determine if a transaction is an investment contract. This test considers factors such as the investment of money and expectations of profits from the seller's activities.

该上诉将具体解决 Ripple 的 XRP 转让是否符合 Howey 测试下的证券资格，Howey 测试用于确定交易是否为投资合约。该测试考虑了诸如资金投资和卖方活动利润预期等因素。

The cross-appeal also aims to address what Ripple describes as vague and inconsistent statements from the SEC on the application of securities laws to digital assets. The SEC has maintained that the sale of XRP is a security, which would subject Ripple to federal securities regulations.

此次交叉上诉还旨在解决 Ripple 所说的 SEC 关于证券法适用于数字资产的模糊且不一致的声明。美国证券交易委员会坚持认为，XRP 的销售是一种证券，这将使 Ripple 受到联邦证券法规的约束。

However, Ripple's filing highlights the lack of clear regulatory guidance, which has left the crypto industry uncertain about how to comply with SEC standards.

然而，Ripple 的文件凸显了缺乏明确的监管指导，这使得加密行业不确定如何遵守 SEC 标准。

The court's decision on this cross-appeal could have broader implications for the cryptocurrency industry. A ruling in favor of Ripple could set a precedent for future cases and potentially limit the SEC's expansive approach to regulating cryptocurrencies.

法院对这一交叉上诉的裁决可能会对加密货币行业产生更广泛的影响。有利于 Ripple 的裁决可能为未来案件树立先例，并可能限制 SEC 监管加密货币的广泛做法。

On the other hand, a decision favoring the SEC might further solidify the regulator's stance on applying securities laws to the industry.

另一方面，有利于美国证券交易委员会的决定可能会进一步巩固监管机构将证券法应用于该行业的立场。