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The complex web of legal battles involving the U.S. Securities and Exchange Commission (SEC) with Ripple Labs, Coinbase, and Binance have become focal points for the crypto community. In a heated debate, Marc Fagel and Deaton opened up on how SEC will be in a bad position if they are denied the interlocutory appeal. The possible outcome will shock you; read on. Marc Fagel opens Up on SEC’s Stance on Interlocutory Appeal. The former SEC official, Marc Fagel, shared insights into why the SEC is keen on appealing the Ripple ruling. The experienced former official noted two important facts; the first is obvious as the decision greatly threatens the SEC’s broader regulatory program against exchanges.Second, he noted that if the concerns were only limited to issuers of securities-related assets and tokens, the SEC might have pursued a different strategy. However, the nature of the ruling necessitated an appeal. Looking at the SEC’s position and Gary Gensler’s hearing going in parallel, this appeal is an ego war for the SEC. Yes, that's why they had to appeal. If the concern were just other issuers of securities/tokens like Ripple, maybe the SEC could try to argue around it; but since the decision threatens its broader program against crypto exchanges, I could see why they'd take a run at an appeal.— Marc Fagel (@Marc_Fagel) September 22, 2023 Binance Pushes for DismissalBinance quickly took advantage of the situation; pro-xrp lawyer Bill Morgan reported that Binance had taken a strategic step in its legal battle with the SEC. Based on Ripple’s summary judgment, Binance filed a motion to dismiss the SEC’s case. Moreover, Binance’s legal team cited the Ripple ruling as a precedent, emphasizing that Ripple’s sales of XRP were characterized as blind bid/ask transactions, not investment contracts.Hence, it is quite evident how important the Ripple ruling is for Binance. Attorney Morgan highlighted the significance of the Ripple ruling for other crypto-related companies. He questioned whether Binance’s recent argument played a role in the SEC’s decision to pursue an interlocutory appeal. Fagel, an expert in securities litigation, confirmed this view, indicating that the Ripple ruling challenges the SEC’s overarching regulatory framework for exchanges.SEC’s Parallel ConcernsTo be precise, the SEC echoes the same concerns and implications of the Ripple ruling. In its pursuit of an interlocutory appeal, the SEC focuses that the court’s decision on programmatic sales could have a far-reaching impact on its pending litigations against Coinbase and Binance. John Deaton’s Has Some Strong IntuitionAll eyes are on the court’s ruling on the SEC’s pending request for an interlocutory appeal. Speculation abounds within the crypto space about the likely outcome. John Deaton, founder of Crypto-Law.US, anticipates that the court will deny the SEC’s request, potentially leading the regulator to file a full appeal next year.Meanwhile, XRP’s market performance has demonstrated relative stability amid these legal proceedings. The digital asset trades slightly above the $0.50 support level, with a 24-hour trading range between $0.5130 and $0.4913. The market appears to be closely monitoring developments while maintaining a cautious stance.!function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', ' fbq('init', '887971145773722'); fbq('track', 'PageView'); Source
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Brew Review - Easy On The Eyes by Intuition Ale Works @IntuitionAle
Brew Review – Easy On The Eyes by Intuition Ale Works @IntuitionAle
It has been an absolute hot minute since I have been able to get anything from Jacksonville. For some reason Tallahassee tends to make it down by me a bit more then the River City, which is a shame since J’Ville is home to some of the absolute best in the state. If you know anything about Jacksonville’s beer scene, you will know that one of the biggest names is Intuition Ale Works, located just…
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Brew Review – King St. Imperial Stout by Intuition Ale Works @intuitionale
One guess where Intuition Ale Works in Jacksonville is located.
Yup. It’s on King St. At least it was. They moved into a massive new facility on Bay St. late last year, but the old digs still live on as their King St. Stout (Imperial Stout, 8.5% ABV, 45 IBU).
There are a few things I love about Intuition. First is how wonderfully detailed their cans are. From the can’s details, I can tell you that brewer Ben Davis and team used Magnum hops and the mind-boggingly huge grain bill of North Canadian 2-row, Carafa, Roasted Barley, Cramunich, Pale Chocolate, and C-120.
The other thing I love about them is how good their beers are. I had wanted to try this beer for some time, and was happy when it was added to Intuition’s year-round can releases.
It was definitely worth the wait. The beer is a wonderfully dark stout with an interestingly light body. There’s a ton of flavor in the beer, with a lot of great notes of toffee and some caramel and a nice undercurrent of pumpernickel and coffee.
The aroma is very malt forward, with a nicely sweet kick to it. In short, the beer is a great example of the good stuff coming out of Jacksonville. With their new King St. facility, I can hope Intuition will start growing their distribution area. And who knows, maybe one day I can visit them.
Just not on King St.
Drink Florida Craft,
Dave
@floridabeerblog
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The post Brew Review – King St. Imperial Stout by Intuition Ale Works @intuitionale appeared first on Miami Beer Scene.
from Brew Review – King St. Imperial Stout by Intuition Ale Works @intuitionale
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Pit stop in Jacksonville! 🍻 #craftbeer #intuitionale #hebrwis22 #VSCOcam (at Intuition Ale Works)
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Today's One Off is Magnum P.A. A refreshing single hop pale. Cheers! 🍻 #intuitionale #craftbeer
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Just a small brewery party with a few hundred of our friends for the Slow Food First Coast Slow Down #904happyhour #ilovejax #foodie #dtwd #intuitionale (at Intuition Ale Works)
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$4 is @intuition_ale_works Jon Boat, a refreshing German kolsch-style ale which is a crisp session beer with lager-like characteristics… perfectly suited to's hot summers. Pair this beer with the great weather today for a winning day-drinking deal! by gainesvillehob http://ift.tt/1eztgYP
#beeroftheday#IntuitionAle#Florida#beer#craftbeer#brew#america#hops#malts#water#yeast#magic#delicious#zymurgy
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@Boldcitybrewery @intuitionale Here's my payment for a favor. I can see more favors in the future. #boldcitybrewery #intuitionale #i10ipa #killerwhalecreamale #creamale #ipa
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Brew Review - King St. Imperial Stout by Intuition Ale Works @intuitionale
Brew Review – King St. Imperial Stout by Intuition Ale Works @intuitionale
One guess where Intuition Ale Works in Jacksonville is located. Yup. It’s on King St. At least it was. They moved into a massive new facility on Bay St. late last year, but the old digs still live on as their King St. Stout (Imperial Stout, 8.5% ABV, 45 IBU). (more…)
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Triad Tripel is back on tap!! Escape the summer hear and join us in the taproom for a refreshing pour of this fruity, spicy Belgian tripel. #craftbeer #belgiantripel #intuitionale #ilovejax
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Our Belgian Hoppy Blonde is back on tap!!! Come grab a pint of this delicious, crisp summer brew. #intuitionale #craftbeer #belgianblond #craftbrewery
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Today's one-off is the El Jefe Hefeweizen with Kumquats! A great beer to pretend it's springtime with. Available in the taproom til the keg kicks. #oneoffwed #intuitionale #ilovejax #craftbeer #hefeweizen
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We have TWO one-offs today! Jon Boat with apple and cinnamon and our Session Saison with honey and ginger! All the ingredients were bought from the King St Farmers market which will be in our courtyard tonight from 4-7pm! #intuitionale #oneoffwed #ilovejax
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New hats just in for the holidays. Your choice of color, $20/each. Available in the taproom starting today! #craftbeerswag #intuitionale
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The Dark Star is back and it's outta this world. Stop in the taproom for a pint. Cheers! #craftbeer #milkstout #intuitionale
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Today we're featuring TWO One-Off Wednesday brews! First is our Rye Saison aged on Rye Whiskey Chips. Once it kicks, our Saison with Cherries will be tapped. As Riley says, "Tis the season!" #craftbeer #ilovejax #oneoffwed #intuitionale
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