Ripple 提出交叉上诉，概述了针对 SEC 提出的问题

Ripple 的首席法律办公室 Stuart Alderoty 在 X 上宣布，Ripple 已于 10 月 25 日提交了民事上诉预辩论声明，也称为表格 C。

Cryptocurrency company Ripple has filed a Civil Appeal Pre-Argument Statement, also known as Form C, on Oct. 25 with the U.S. Court of Appeals for the Second Circuit.

加密货币公司 Ripple 已于 10 月 25 日向美国第二巡回上诉法院提交了民事上诉预辩论声明，也称为表格 C。

The filing outlines specific grounds on which the company will challenge the previous ruling on institutional sales from the Southern District of New York court.

该文件概述了该公司将质疑纽约南区法院先前关于机构销售的裁决的具体理由。

In the filing, Ripple stated that each point of appeal is subject to “de novo” standard of review, which means the court should re-examine its previous decisions based on how the law was applied.

Ripple 在文件中表示，每个上诉点均须遵守“从头”审查标准，这意味着法院应根据法律的适用方式重新审查其之前的判决。

The company's Form C filing comes a few days after SEC's previous Form C filing on Oct. 18. The SEC asked the court to reconsider its decision to allow the sales of the XRP token on exchanges, as well as personal sales of the token by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.

该公司在 10 月 18 日向 SEC 提交 C 表格几天后提交了 C 表格。SEC 要求法院重新考虑其允许在交易所销售 XRP 代币以及 Ripple 个人销售该代币的决定首席执行官布拉德·加林豪斯（Brad Garlinghouse）和联合创始人克里斯·拉森（Chris Larsen）。

One of the main subjects of appeal that Ripple raised was the district court’s application of the Howey test to Ripple’s XRP transfers. The company stated the transfers covered an investment of money in a common enterprise with a reasonable expectation of profits solely from Ripple’s efforts.

Ripple 提出的主要上诉主题之一是地方法院对 Ripple 的 XRP 转账适用 Howey 测试。该公司表示，这些转移涉及对一家普通企业的资金投资，并合理预期仅从 Ripple 的努力中获得利润。

Another point of appeal questions whether the court’s decision took into account Ripple’s lack of fair notice in its conduct. The company argued that the SEC’s statements on the application of federal securities laws for digital assets and digital currency as “inconsistent” and “deliberately vague.”

上诉的另一个问题是法院的判决是否考虑到 Ripple 的行为缺乏公平的通知。该公司辩称，美国证券交易委员会关于联邦证券法适用于数字资产和数字货币的声明“不一致”且“故意含糊”。

Moreover, Ripple questioned whether an investment contract in accordance with Section 5 of the SEC Act of 1933 requires “essential ingredients” in the form of a contract that imposes post-sale obligations on the seller and gives buyers the right to demand and receive profits.

此外，Ripple 质疑，根据 1933 年 SEC 法案第 5 条规定的投资合同是否需要以合同形式提供“基本要素”，以向卖方施加售后义务，并赋予买方要求和获得利润的权利。

Lastly, Ripple raises the issue of whether the the requirements list in Rule 65 of the Federal Rules of Civil Procedure bar an injunction that would do “no more than to direct the enjoined party to obey the law.”

最后，Ripple 提出了《联邦民事诉讼规则》第 65 条中列出的要求是否禁止“仅指示受禁令方遵守法律”的禁令的问题。

Regarding the cross appeal, Stuart Alderoty, Ripple's Chief Legal Officer, said in a recent tweet that the focus of the case is not on whether XRP is a security.

关于交叉上诉，Ripple 首席法务官斯图尔特·阿尔德罗蒂 (Stuart Alderoty) 在最近的一条推文中表示，案件的焦点不在于 XRP 是否是一种证券。

According to Alderoty, XRP is legally classified as a non-security. Instead, he alleges that the SEC is attempting to “create distraction and confusion” for Ripple and the broader crypto industry.

根据 Alderoty 的说法，XRP 在法律上被归类为非证券。相反，他声称 SEC 试图为 Ripple 和更广泛的加密行业“制造干扰和混乱”。

Furthermore, he believes that hard part of the case has already passed as Ripple will not be required to present more evidence or fight over documents.

此外，他认为案件的困难部分已经过去，因为 Ripple 不会被要求提供更多证据或争夺文件。

“The Appeals Court reviews the record that has already been set…and we have a great record. The SEC can’t submit new evidence or ask us to produce more,” Alderoty stated.

“上诉法院审查了已经设定的记录……我们有一个很好的记录。 SEC 无法提交新证据或要求我们提供更多证据，”阿尔德罗蒂表示。

Earlier this year, the SEC accused Ripple Labs of orchestrating seven years of XRP token sales that were not registered with the regulatory body, to the tune of $1.3 billion, due to the token being classified as an unregistered security.

今年早些时候，美国证券交易委员会 (SEC) 指控 Ripple Labs 策划了 7 年未向监管机构注册的 XRP 代币销售，金额达 13 亿美元，因为该代币被归类为未注册的证券。

The SEC also alleged that XRP created profit expectations for investors, which were realized through sales on exchanges and over-the-counter trades.

美国证券交易委员会还声称，XRP 为投资者创造了利润预期，这些预期是通过交易所销售和场外交易实现的。

With the case approaching a new chapter, both sides are preparing for a lengthy legal dispute that could change the crypto landscape in the U.S.

随着案件进入新的篇章，双方都在为一场漫长的法律纠纷做准备，这可能会改变美国的加密货币格局