IMX Token Crashes as Immutable Receives SEC Enforcement Warning

TL;DR The IMX token from Immutable drops 12.88% following a possible SEC enforcement action over alleged unregistered securities sales. The firm received a Wells Notice warning of a potential lawsuit related to an IMX token sale in 2021. The company argues that IMX is not a security and criticizes the SEC’s lack of clarity in ... source: https://crypto-economy.com/imx-token-crashes-as-immutable-receives-sec-enforcement-warning/