The SEC has dropped its investigation into Immutable with no charges.
Immutable supports clear regulations to foster blockchain innovation.
The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the Australian crypto-gaming firm Immutable. The company announced on March 26 that the regulator will not take any enforcement action against Immutable, the IMX Ecosystem Foundation, or its CEO James Ferguson.
Immutable first revealed in October that it had received a Wells notice from the SEC. This notice signaled that the agency was considering possible charges over alleged securities law violations related to the IMX token. However, with the case now closed, Immutable claims this decision validates its commitment to legal and regulatory compliance.
The SEC’s decision aligns with its recent pattern of dropping cases against several crypto entities. Since January, the regulator has ended investigations into firms like Kraken, Coinbase,
We współpracy z: https://thenewscrypto.com/sec-ends-investigation-into-immutable-with-no-charges/
