随着第二巡回法院对 Govil 诉 SEC 案的裁决，Ripple 的法律地位得到加强

第二巡回上诉法院最近的一项裁决可能会大大削弱 SEC 对 Ripple Labs 的诉讼，加强 Ripple 的辩护，并可能为其节省数十亿美元的没收和罚款。 Govil 的裁决以欺诈性证券发行为中心，规定在没有证据证明投资者实际遭受财务损失的情况下，美国证券交易委员会 (SEC) 不能追缴非法所得。 Ripple 的首席法务官 Stuart Alderoty 称赞这一决定对 SEC 来说是一次挫折，也是 Ripple 因出售 XRP 代币而提起的诉讼中的潜在生命线。

Ripple's Legal Standing Bolstered by Second Circuit Court Decision in SEC v. Govil

Ripple 的法律地位因第二巡回法院在 SEC 诉 Govil 案中的裁决而得到加强

In a significant development that could profoundly impact the ongoing legal battle between Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC), the Second Circuit Court of Appeals has issued a ruling that has the potential to significantly weaken the SEC's case and bolster Ripple's defense.

这是一项可能对 Ripple Labs Inc. 与美国证券交易委员会 (SEC) 之间正在进行的法律斗争产生深远影响的重大进展，第二巡回上诉法院发布了一项裁决，该裁决有可能大大削弱 SEC 的案件，加强瑞波的防御。

The case in question, SEC v. Govil, involved allegations of fraudulent securities offerings by Aron Govil through his company, Cemtrex, Inc.. The SEC sought to obtain disgorgement, a court order compelling the return of allegedly ill-gotten funds.

所涉案件“SEC 诉 Govil”涉及对 Aron Govil 通过其公司 Cemtrex, Inc. 进行欺诈性证券发行的指控。SEC 寻求获得没收赃款，这是一项强制退还涉嫌非法所得资金的法院命令。

However, in a landmark decision, the Second Circuit ruled that the SEC lacks the authority to pursue disgorgement unless investors can demonstrate that they have suffered actual financial losses. This "no harm, no foul" stance represents a significant departure from the SEC's previous approach and provides a potential lifeline for Ripple in its own ongoing lawsuit.

然而，在一项具有里程碑意义的裁决中，第二巡回法院裁定，除非投资者能够证明他们遭受了实际的财务损失，否则美国证券交易委员会无权追究非法所得。这种“不伤害、不犯规”的立场与 SEC 之前的做法截然不同，并为 Ripple 正在进行的诉讼提供了潜在的生命线。

Ripple's Chief Legal Officer, Stuart Alderoty, swiftly hailed the Govil decision as a major victory for the company. He highlighted the SEC's recent string of setbacks and emphasized the ruling's direct relevance to Ripple's case against the regulatory agency.

Ripple 的首席法务官斯图尔特·阿尔德罗蒂 (Stuart Alderoty) 迅速称赞 Govil 的决定是公司的重大胜利。他强调了 SEC 最近遭遇的一系列挫折，并强调该裁决与 Ripple 起诉监管机构的案件直接相关。

"The SEC continues to lose," Alderoty stated in a tweet. "The Second Circuit Court of Appeals... held that if a buyer suffers no financial loss, the SEC is not entitled to disgorgement from the seller."

“美国证券交易委员会继续失败，”阿尔德罗蒂在推文中表示。 “第二巡回上诉法院……认为，如果买方没有遭受经济损失，美国证券交易委员会无权向卖方追缴赃款。”

The SEC is seeking a hefty $2 billion in disgorgement and penalties from Ripple, alleging that the company sold unregistered securities in the form of its XRP tokens. The Govil decision raises serious questions about the validity of the SEC's disgorgement claims, potentially saving Ripple a substantial sum if the court adopts a similar reasoning.

美国证券交易委员会 (SEC) 正在向 Ripple 寻求 20 亿美元的巨额返还和罚款，指控该公司以 XRP 代币的形式出售未注册的证券。 Govil 的裁决对 SEC 没收非法所得索赔的有效性提出了严重质疑，如果法院采用类似的推理，可能会为 Ripple 节省一大笔钱。

Bolstered by the Govil precedent, Ripple is now preparing to respond to the SEC's $2 billion demand. April 22nd marks a critical date as the company prepares its formal response to the penalty sought by the SEC. Legal experts anticipate a robust defense from Ripple, potentially citing the Govil decision to challenge the disgorgement aspect of the SEC's case.

在 Govil 先例的支持下，Ripple 现在准备回应 SEC 的 20 亿美元要求。 4 月 22 日是公司准备对 SEC 处罚寻求正式回应的关键日期。法律专家预计 Ripple 会做出强有力的辩护，可能会援引 Govil 的决定来质疑 SEC 案件中的没收非法所得问题。

The outcome of this legal battle has far-reaching implications for the entire cryptocurrency industry. A victory for Ripple could establish a significant precedent that makes it more challenging for the SEC to pursue disgorgement in future crypto-related cases. Conversely, a victory for the SEC would solidify its regulatory authority over the digital asset space.

这场法律战的结果对整个加密货币行业具有深远的影响。 Ripple 的胜利可能会开创一个重要的先例，使 SEC 在未来的加密相关案件中追究非法所得的难度更大。相反，美国证券交易委员会的胜利将巩固其对数字资产领域的监管权威。

May 6th looms as another potential turning point in the Ripple-SEC saga. While the exact nature of the proceedings remains confidential, the date could mark the filing of key motions or the scheduling of crucial court hearings.

5 月 6 日即将成为 Ripple-SEC 传奇的另一个潜在转折点。虽然诉讼程序的确切性质仍然保密，但该日期可能标志着关键动议的提交或重要法庭听证会的安排。

The legal battle between Ripple and the SEC is far from over. With the Govil decision adding a new layer of complexity to the proceedings, the coming weeks and months promise to be a period of intense legal wrangling as both sides seek to secure a decisive victory in this high-stakes case that has captivated the attention of the cryptocurrency community and beyond.

Ripple 与 SEC 之间的法律战还远未结束。随着戈维尔的裁决给诉讼程序增添了新的复杂性，未来几周和几个月有望成为激烈的法律争论时期，因为双方都力求在这一高风险案件中取得决定性胜利，该案件引起了法院的关注。加密货币社区及其他领域。