Web3 Gaming Firm Immutable Receives SEC Notice Over IMX Token Sale
Web3 gaming company Immutable has announced that it has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding the sale of its IMX tokens in 2021. The company has criticized the SEC for "regulation by enforcement" and for failing to provide regulatory clarity. This news comes as spot Bitcoin ETFs record $870 million inflows and BTC tests all-time highs.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ripple wins SEC lawsuit and recovers $75M after legal battle ends
Share link:In this post: Ripple and the SEC agreed to settle their lawsuit with a $50 million payment, and Ripple will get $75 million back. This ends a legal battle that started in 2020 and has weighed on XRP for years. XRP’s price jumped over 10% as investors expect the court to approve the deal soon.
Ethereum wallets enable 7702 upgrade for 2 million users
Mint Blockchain Integrates Chainlink CCIP to Power Cross-Chain Connectivity
Ethereum (ETH) Soars Above $2000; What’s Next?
Trending news
MoreCrypto prices
More
