Tron 挑战 SEC 权威，援引“重大问题”原则

Tron Blockchain 寻求驳回 SEC 的诉讼，称监管机构对在全球平台上进行的外国数字资产发行缺乏权威。这家区块链公司认为，美国证券交易委员会试图将美国安全法扩展到主要是外国行为，这超出了其范围。 Tron 进一步声称，相关代币不符合 Howey 测试下的投资合同标准，而且 SEC 的指控缺乏具体性，未能确定个人角色并提供所谓受害者的详细信息。

Tron Challenges SEC Authority in Major Questions Doctrine Plea

Tron 在重大问题上挑战 SEC 权威

In a bold move, Justin Sun's Tron Blockchain has petitioned the New York Federal Court to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC), invoking the major questions doctrine. The blockchain platform contends that the SEC has exceeded its authority by asserting jurisdiction over its "foreign digital asset offerings to foreign purchasers on global platforms."

贾斯汀·孙（Justin Sun）的波场区块链（Tron Blockchain）采取了一项大胆举措，援引重大问题原则，请求纽约联邦法院驳回美国证券交易委员会（SEC）提起的诉讼。该区块链平台声称，美国证券交易委员会对其“在全球平台上向外国买家提供的外国数字资产”行使管辖权，从而超出了其权限。

SEC's Extraterritorial Reach Questioned

SEC 的域外影响力受到质疑

Tron argues that the SEC's attempt to apply US securities laws to transactions that primarily took place outside the United States is an improper extension of its powers. The blockchain firm emphasizes that the SEC's role as a regulator does not extend beyond US borders, and its intrusion into foreign affairs is unlawful.

Tron 认为，美国证券交易委员会试图将美国证券法适用于主要在美国境外发生的交易，这是其权力的不当延伸。该区块链公司强调，美国证券交易委员会作为监管者的角色不会超出美国边境，其干预外交事务是非法的。

Allegations Deemed Vague and Unspecific

被认为含糊且不具体的指控

The SEC's lawsuit alleges that Sun and his companies orchestrated an "unregistered offer and sale of crypto asset securities." However, Tron dismisses these accusations as lacking specificity and failing to establish a clear legal basis for the claims.

美国证券交易委员会的诉讼称，孙宇晨及其公司精心策划了“未经注册的加密资产证券发行和销售”。然而，Tron 驳回了这些指控，认为这些指控缺乏具体性，并且未能为这些指控建立明确的法律依据。

"The SEC's allegations are hyperbolic and lack any specific details or evidence," the motion states. "The generalized nature of the complaint fails to provide a clear understanding of each defendant's alleged role in the purported violations."

动议称：“美国证券交易委员会的指控是夸张的，缺乏任何具体细节或证据。” “投诉的笼统性质未能清楚地了解每个被告在所谓的违法行为中所扮演的角色。”

Howey Test Not Met

未满足 Howey 测试

Tron further contends that the SEC has failed to demonstrate that the tokens in question meet the criteria of an investment contract under the Howey test. This test requires the existence of an investment, expectation of profits, reliance on the efforts of others, and a common enterprise. Tron argues that its tokens do not meet these criteria and are therefore not securities.

Tron 进一步辩称，SEC 未能证明相关代币符合 Howey 测试下的投资合同标准。这个测试需要存在投资、利润预期、对他人努力的依赖以及共同的企业。 Tron 辩称，其代币不符合这些标准，因此不是证券。

No Victims Identified

尚未确认遇难者身份

Additionally, Tron points out that the SEC's complaint does not identify any specific victims who suffered losses as a result of the alleged misconduct. This omission, Tron argues, further undermines the SEC's case.

此外，Tron 指出，美国证券交易委员会的投诉并未指出因涉嫌不当行为而遭受损失的任何具体受害者。 Tron 认为，这一遗漏进一步削弱了 SEC 的立场。

SEC Overreach a Threat to Innovation

SEC 过度扩张对创新构成威胁

Tron's legal challenge is not only a defense against the SEC's lawsuit but also a broader assertion of the blockchain industry's autonomy. The platform argues that the SEC's overreach is stifling innovation and limiting the growth of the crypto space.

Tron 的法律挑战不仅是对 SEC 诉讼的辩护，也是对区块链行业自主权的更广泛的主张。该平台认为，美国证券交易委员会的越权行为正在扼杀创新并限制加密货币领域的增长。

"The SEC's attempt to assert control over foreign transactions conducted on global platforms is a dangerous precedent that threatens the development of new technologies and undermines the free market," the motion states.

动议称：“美国证券交易委员会试图对全球平台上进行的外国交易进行控制，这是一个危险的先例，威胁着新技术的发展并破坏了自由市场。”

Implications for the Crypto Industry

对加密行业的影响

The outcome of Tron's legal challenge has far-reaching implications for the entire crypto industry. If the court rules in favor of Tron, it could establish a precedent for limiting the SEC's regulatory authority over foreign crypto transactions. Conversely, a ruling against Tron would give the SEC broad discretion to enforce US securities laws against any company operating in the global crypto market.

Tron 法律挑战的结果对整个加密行业具有深远的影响。如果法院做出有利于 Tron 的裁决，则可能会开创限制 SEC 对外国加密货币交易监管权限的先例。相反，针对 Tron 的裁决将赋予 SEC 广泛的自由裁量权，以针对在全球加密市场运营的任何公司执行美国证券法。

The case is closely watched by other blockchain firms and legal experts, who view it as a potential landmark decision that could shape the regulatory landscape for digital assets.

此案受到其他区块链公司和法律专家的密切关注，他们认为这是一个潜在的里程碑式决定，可能会塑造数字资产的监管格局。