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The Defiant 2025-03-25 20:35:01

SEC Closes Investigation into Web3 Gaming Platform Immutable Over IMX Token, No Charges Filed

The U.S. Securities and Exchange Commission (SEC) has officially concluded its investigation into Immutable, an Australian Web3 gaming platform, and will not pursue any enforcement actions. This decision marks the end of a year-long inquiry that began after Immutable received a Wells notice in November 2021 concerning the listing and private sales of its IMX token. The closure of the investigation has been welcomed as a positive development for the Web3 gaming sector, signaling a potential easing of regulatory pressures on digital ownership rights. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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