美国证券交易委员会对其加密货币监管方式面临法官的反对

在最近的法律裁决中，法官批评了美国证券交易委员会（SEC）对加密货币的监管方式

Recent legal rulings have seen judges criticizing the U.S. Securities and Exchange Commission (SEC) over its approach to cryptocurrency regulation, especially in classifying digital assets as securities.

最近的法律裁决中，法官们批评美国证券交易委员会（SEC）对加密货币的监管方式，特别是在将数字资产归类为证券方面。

In a series of tweets, attorney and XRP enthusiast Bill Morgan highlighted some of these criticisms, which come as part of a pushback against the SEC's stance on crypto assets.

在一系列推文中，律师兼 XRP 爱好者 Bil​​l Morgan 强调了其中一些批评，这些批评是对 SEC 对加密资产立场的反击的一部分。

"Judge Torres in SEC v Ripple told the SEC that the XRP token itself is not a security /1 pic.twitter.com/XpjbaJbdsl"

“SEC 诉 Ripple 案中的托雷斯法官告诉 SEC，XRP 代币本身不是证券 /1 pic.twitter.com/XpjbaJbdsl”

First, Morgan pointed out XRP's historic win in the SEC v. Ripple case, where Judge Torres stated clearly that the XRP token itself is not a security. This decision pushed back against the SEC's argument that XRP, simply by being a digital asset, fell under securities regulation.

首先，摩根指出 XRP 在 SEC 诉 Ripple 案中取得的历史性胜利，托雷斯法官明确表示 XRP 代币本身不是证券。这一决定反驳了 SEC 的论点，即 XRP 仅仅因为是一种数字资产就受到证券监管。

As highlighted by Morgan, "Judge Orrick in SEC v. Payward Inc (Kraken case) told the SEC that 'orange groves are no more securities than cryptocurrency tokens are,' delivering a pointed critique of the SEC's approach."

正如摩根强调的那样，“美国证券交易委员会诉 Payward Inc（Kraken 案）中的奥里克法官告诉美国证券交易委员会，‘橘子林并不比加密货币代币更多的证券’，对美国证券交易委员会的做法提出了尖锐的批评。”

Judge Orrick went on to tell the SEC to keep a clear distinction between the nature of the crypto asset itself and sales of the asset.

奥里克法官接着告诉美国证券交易委员会，要明确区分加密资产本身的性质和资产的销售。

Morgan also noted that in the SEC v. Binance case, "Judge Jackson completely rejected the SEC’s embodiment theory that the crypto token is the embodiment of an investment contract, rather than possibly being the subject of an investment contract under certain circumstances."

摩根还指出，在美国证券交易委员会诉币安案中，“杰克逊法官完全拒绝了美国证券交易委员会的体现理论，即加密代币是投资合同的体现，而不是在某些情况下可能成为投资合同的标的物。”

Recent events

近期活动

This year, the SEC has already sent Wells notices, filed lawsuits or reached settlements with several crypto firms on Ethereum and decentralized finance, including ShapeShift, TradeStation and Uniswap.

今年，SEC 已就以太坊和去中心化金融向 Wells 发出通知、提起诉讼或与多家加密货币公司达成和解，其中包括 ShapeShift、TradeStation 和 Uniswap。

Centralized exchanges and trading platforms Coinbase, Kraken, Binance and Robinhood have all been engaged in legal disputes with the regulator.

中心化交易所和交易平台Coinbase、Kraken、Binance和Robinhood都曾与监管机构发生过法律纠纷。

Earlier this month, Ripple scored a major win as the court slashed the SEC's demand by nearly 94%, ordering Ripple to pay $125 million, thus putting an end to the nearly four-year legal battle.

本月早些时候，Ripple 取得了重大胜利，法院将 SEC 的要求削减了近 94%，命令 Ripple 支付 1.25 亿美元，从而结束了近四年的法律斗争。

In the latest development, cryptocurrency marketplace OpenSea has been included in the SEC's targets as the regulator expands its crypto crackdown.

在最新进展中，随着监管机构加大对加密货币的打击力度，加密货币市场 OpenSea 已被纳入 SEC 的目标。

The company's CEO stated in a post on X on Wednesday that the U.S. Securities and Exchange Commission issued a Wells notice to OpenSea, alleging that the non-fungible tokens (NFTs) sold on its platform are securities. OpenSea's chief characterized the SEC's recent action as a "move into uncharted territory."

该公司首席执行官周三在 X 上发帖表示，美国证券交易委员会向 OpenSea 发出 Wells 通知，声称其平台上出售的不可替代代币（NFT）是证券。 OpenSea 的负责人将 SEC 最近的行动描述为“进入未知领域”。