XRP案件中的SEC和Ripple文件最終解決 - 現在所有人都關注托雷斯法官

美國證券交易委員會（SEC）於5月8日發布了訴訟發布，宣布與Ripple Labs Inc.，首席執行官Brad Garlinghouse和聯合創始人Chris Larsen宣布和解協議，以解決其長期運行的民事執法案件。

The U.S. Securities and Exchange Commission (SEC) has filed a final settlement agreement with Ripple in their ongoing legal battle, signaling a pivotal moment that could finally unleash XRP’s momentum and reshape crypto regulation forever.

美國證券交易委員會（SEC）在其正在進行的法律鬥爭中與Ripple提出了最終的和解協議，這表明了一個關鍵時刻，最終可以永遠釋放XRP的勢頭並永遠釋放Crypto Crypto法規。

The apex court today announced a pending settlement to resolve its civil enforcement case against Ripple Labs Inc., CEO Brad Garlinghouse, and co-founder Chris Larsen for allegedly selling XRP tokens in an unregistered securities offering.

最高法院今天宣布了一項待定的和解，以解決其針對Ripple Labs Inc.，首席執行官Brad Garlinghouse和聯合創始人Chris Larsen的民事執法案件，原因是據稱在未註冊的證券產品中出售XRP代幣。

The joint filing requests an indication from the court on whether it would ultimately dissolve a previously issued injunction and unlock escrowed penalty funds.

聯合申請要求法院向法院提出指示，以最終解散先前發布的禁令並解鎖施加罰款資金。

Out of the $125,035,150 held in escrow under the court’s Aug. 7, 2024, final judgment, $50 million would go to the SEC and the remaining balance would be returned to Ripple.

在法院在2024年8月7日在託管中持有的125,035,150美元中，最終判決將轉移到SEC，其餘餘額將退還給Ripple。

This arrangement would proceed only if the court provides an indication that it would dissolve the injunction and permit the release of funds.

僅當法院提供跡象表明該禁令並允許釋放資金時，才能進行此安排。

If such a ruling is made, both the SEC and Ripple intend to seek a limited remand to the district court so it can formally issue the requested relief. Once granted, both parties would move to terminate their ongoing appeals before the U.S. Court of Appeals for the Second Circuit.

如果做出這樣的裁決，SEC和Ripple都打算向地方法院尋求有限的還押，以便可以正式簽發要求的救濟。一旦被授予，雙方都將在美國第二巡迴上訴法院終止其正在進行的上訴。

The SEC stated that the settlement reflects its strategic regulatory goals rather than an assessment of the lawsuit’s merits.

SEC指出，和解反映了其戰略監管目標，而不是評估訴訟的優點。

“The Commission’s decision to exercise its discretion and seek a resolution of this pending enforcement action rests on its judgment that such resolution will facilitate the Commission’s ongoing efforts to reform and renew its regulatory approach to the crypto industry, not on any assessment of the merits of the claims alleged in the action,” the agency said.

該機構說：“委員會決定行使酌處權並尋求解決這一未決的執法行動的決定取決於其判斷，即該決議將促進委員會正在進行的改革和更新其對加密貨幣行業的監管方法，而不是對訴訟中要求的索賠優點進行任何評估。”

It further clarified, “The Commission’s decision to resolve this enforcement action does not necessarily reflect the Commission’s position on any other case.”

它進一步澄清了：“委員會決定解決這一執法行動的決定並不一定反映了委員會在任何其他案件上的立場。”

While the SEC has officially announced the settlement with Ripple in a Litigation Release, members of the crypto industry had already anticipated this move after Garlinghouse disclosed the agency’s plan to drop the case over XRP sales on social media.

儘管SEC在訴訟發布中正式宣布了與Ripple的和解協議，但加密貨幣行業的成員已經預料到了這一舉動，因為Garlinghouse透露該機構計劃在社交媒體上刪除XRP銷售的計劃。

Since Gary Gensler’s departure from the SEC in January, the agency has taken a more crypto-friendly turn under new Chair Paul Atkins. It has paused or dropped several pending enforcement actions against crypto firms and launched public roundtables to engage with the industry.

自從加里·加斯勒（Gary Gensler）於1月份離開美國證券交易委員會（SEC）以來，該機構在新主席保羅·阿特金斯（Paul Atkins）的帶領下進行了更加加密友好的轉折。它暫停或放棄了針對加密貨幣公司的幾項未決執法行動，並推出了公共圓桌會議以與該行業互動。

This marks a shift from Gensler’s approach of aggressive regulation by enforcement to one focused on clear and innovation-friendly regulation.

這標誌著從加斯勒通過執法的積極監管方法轉變為專注於清晰且對創新友好的監管的轉變。

Attorney James K. Filan, a prominent legal analyst who has been closely following the SEC’s lawsuit against Ripple over XRP, shared this significant update on the social media platform X, stating, “The SEC has filed the Settlement Agreement Letter.”

著名的法律分析師詹姆斯·K·菲蘭（James K. Filan）律師在SEC對XRP上針對Ripple的訴訟中緊密遵守，他在社交媒體平台上分享了這一重大更新，並指出：“ SEC已提交了和解協議信。”

He further broke down the procedural roadmap, explaining the sequential steps that must occur before the case is officially over.

他進一步打破了程序路線圖，並解釋了案件正式結束之前必鬚髮生的順序步驟。

First, U.S. District Judge Analisa Torres must issue an indication of whether she would dissolve the injunction and approve the release of the escrowed funds, allocating $50 million to the SEC and the remainder to Ripple.

首先，美國地方法院法官Analisa Torres必須提出跡象表明她是否會解散禁令並批准釋放託管資金，向SEC分配5000萬美元，其餘部分則將其分配給Ripple。

If Judge Torres indicates that she would grant that relief, the parties will then jointly request the Second Circuit to return the case to her courtroom for limited action.

如果托雷斯法官表示她將予以救濟，那麼當事各方將共同要求第二巡迴法院將案件歸還給她的法庭採取有限行動。

Upon the remand being granted, the SEC and Ripple would file a motion formally requesting the relief they seek.

授予還款後，SEC和Ripple將提出一項動議，要求他們尋求救濟。

Filan concluded, “After the injunction is dissolved and the funds distributed, the SEC and Ripple will ask the Court of Appeals to dismiss the SEC’s appeal and Ripple’s cross-appeal. Then it will be over.”

Filan得出結論：“禁令解散並分配資金後，SEC和Ripple將要求上訴法院駁回SEC的上訴和Ripple的交叉訴訟。然後將結束。”