SEC ends investigation into Immutable with no violations, boosting IMX token by 15% and marking a win for Web3 gaming.
The SEC has officially dropped its investigation into Immutable, a crypto gaming company, paving the way for accelerated growth.
IMX token saw a 15% surge following the announcement that the SEC has ended its investigation into Immutable, taking no further action.
The SEC has closed its investigation into Immutable, a Web3 gaming platform, without finding wrongdoing, marking a positive step towards regulatory clarity for the crypto industry.
Immutable co-founder Robbie Ferguson says Web3 is at a critical inflection point, and Notcoin’s price up 17% amidst other gaming tokens falling.