关键见解：随着新事态发展的出现，Ripple Labs的XRP诉讼不断发展

随着新发展的出现，Ripple Labs长期运行的XRP诉讼不断发展。 XRP公司正在积极追求和解和指示性裁决

Key Insights:

关键见解：

Ripple Labs’s (CRYPTO: XRP) long-running lawsuit with the Securities and Exchange Commission (SEC) continues as the crypto behemoth seeks to settle the case and obtain an indicative ruling for future private placement and IPO prospects.

Ripple Labs（Crypto：XRP）与美国证券交易委员会（SEC）的长期诉讼继续进行，因为加密省巨头寻求解决此案并为未来的私人安置和IPO前景获得指示性裁决。

After the U.S. Court of Appeals decided to halt all pending appeals, both parties began discussing a possible settlement.

在美国上诉法院决定停止所有未决上诉之后，双方开始讨论可能的解决方案。

Also, Oregon’s Attorney General sued Coinbase (NASDAQ:COIN) over XRP and several other tokens, which were allegedly sold as unregistered securities.

此外，俄勒冈州总检察长向XRP和其他几个代币起诉Coinbase（NASDAQ：COIN），据称这些代币被出售为未注册的证券。

What Happened:

发生了什么：

After the U.S. Court of Appeals decided to stay all pending appeals in the case, both the SEC and Ripple have been discussing a possible settlement.

在美国上诉法院决定继续进行此案的所有未决上诉之后，SEC和Ripple都在讨论可能的解决方案。

The crypto firm is also applying for an indicative ruling from the District Court to approve private sales of XRP without any future SEC registration.

加密公司还申请了地方法院的指示性裁决，以批准XRP的私人销售，而无需任何未来的SEC注册。

This step is crucial for Ripple’s broader plans, which include the possibility of an upcoming initial public offering (IPO).

此步骤对于Ripple的更广泛计划至关重要，其中包括即将举行的首次公开募股（IPO）的可能性。

“The parties have been engaged in discussions regarding a possible settlement of the action. In light of these discussions, the parties agreed that the appeals should be stayed,” a joint statement from both parties read.

双方的一份联合声明说：“各方一直在讨论有关诉讼的可能解决的讨论。鉴于这些讨论，当事方同意应保留上诉。”

Pointing out the need for the ruling, Ripple’s attorney James Farrell said that they would like to have the District Court modify its existing judgment.

Ripple的律师詹姆斯·法雷尔（James Farrell）指出了对这项裁决的必要性，他们希望将地方法院修改其现有判决。

This modification would permit Ripple to sell XRP in private placements without needing new registration with the SEC, a step that is pertinent for any future IPO plans.

这种修改将使Ripple可以在私人位置出售XRP，而无需向SEC进行新的注册，这是与未来任何IPO计划有关的步骤。

Without this adjustment, Farrell stated that it could take several more years for Ripple to complete its journey toward a public market debut.

如果没有这种调整，法雷尔表示，Ripple可能需要几年的时间才能完成朝着公共市场首次亮相的旅程。

To achieve this, Ripple intends to submit a settlement offer to the SEC and request Judge Analisa Torres to issue an “indicative ruling” on the District Court’s decision.

为了实现这一目标，Ripple打算向SEC提出和解要约，并要求Analisa Torres法官对地方法院的裁决发出“指示性裁决”。

If the SEC agrees to the proposed settlement terms and Judge Torres grants the ruling, Ripple will then file a formal motion with the District Court to enjoin the SEC’s claims.

如果美国证券交易委员会同意拟议的和解条款，而托雷斯法官将授予该裁决，那么Ripple将向地方法院提出正式动议，要求SEC的索赔。

According to Farrell, the District Court would take about six months to issue its decision, and the subsequent dismissal appeals through the appellate level would take an additional month.

根据法雷尔的说法，地方法院将需要大约六个月的时间才能发出决定，随后通过上诉级别的解雇上诉将额外花费一个月。

However, if Judge Torres denies Ripple’s request for modification, the parties might continue litigating, which could ultimately delay Ripple’s IPO prospects until 2027.

但是，如果托雷斯法官否认Ripple的修改请求，当事方可能会继续诉讼，这最终可能会将Ripple的IPO前景推迟到2027年。

What’s More:

还有：

The U.S. Court of Appeals decided to mutually agree with the SEC and Ripple to suspend both of their simultaneous appeals.

美国上诉法院决定与SEC和Ripple相互同意，以中止其同时上诉。

This decision allowed both parties to concentrate on their pending settlement discussions without the urgency of ongoing appellate proceedings.

这一决定使双方都可以集中精力进行未决的和解讨论，而无需持续的上诉诉讼。

Moreover, the court demanded that the SEC report its progress toward reaching a settlement agreement with Ripple in periodic filings to the court, to be submitted sixty days from the date of the appeals stay.

此外，法院要求美国证券交易委员会（SEC）报告其在定期向法院提交的与Ripple达成和解协议的进展，将从上诉停留之日起六十天提交。

The court’s move signaled its support for reaching an out-of-court settlement between these parties.

法院的举动标志着其支持这些当事方之间实施场外和解的支持。

The digital asset industry has been closely following the case, especially after recent developments related to a potential settlement drew the attention of the market.

数字资产行业遵循此案，尤其是在与潜在和解有关的最新发展引起了市场的关注之后。

The price of XRP, the native token of Ripple, has been reacting to the ongoing legal developments.

Ripple的本地令牌XRP的价格一直在对正在进行的法律发展做出反应。

The top altcoin maintained its strong position as it is currently trading at $2.18, despite the prevailing market volatility.

尽管市场波动率盛行，但顶级山寨币仍保持强劲的地位，因为目前的交易价格为2.18美元。

Analysts are expecting a breakout in the altcoin price once the lawsuit is settled and the crypto behemoth completes its IPO plans.

分析师预计，一旦诉讼解决，加密省庞然大物就完成了其IPO计划，替代币价格将会突破。

Recently, Oregon’s Attorney General, Dan Rayfield, filed a lawsuit against Coinbase (NASDAQ:COIN) for allegedly selling XRP and over 30 other digital tokens as unregistered securities in violation of Oregon state law.

最近，俄勒冈州的总检察长丹·雷菲尔德（Dan Rayfield）针对Coinbase（NASDAQ：COIN）提起诉讼，据称出售XRP和其他30多个数字代币作为未注册的证券，以违反俄勒冈州法律。

This action brought an additional legal challenge to Ripple.

这项行动给Ripple带来了另一个法律挑战。

The lawsuit is part of broader efforts by the Oregon Department of Justice to fill what it sees as a regulatory vacuum left by federal agencies in policing the fast-growing crypto sector.

该诉讼是俄勒冈州司法部更广泛努力的一部分，以填补联邦机构在维持快速增长的加密货币部门治安方面留下的监管真空。