SEC Closes Investigation into Immutable
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The US Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable (IMX), a blockchain-based gaming platform.
This development follows the regulator’s recent dismissal of several high-profile lawsuits, including the case against Ripple.
Robbie Ferguson, co-founder of Immutable, shared the news on X, stating, “The SEC has now officially dropped its inquiry into Immutable, with no enforcement action to be taken.”
Ferguson called this a significant victory for Web3 gaming, highlighting its role in protecting digital ownership rights. The scrutiny began after Immutable received a Wells Notice from the SEC in November 2024.
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