Web3 Gaming Firm Immutable Receives SEC Notice Over IMX Token Sale

11/01 07:20

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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.

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