Immutable Secures Major Legal Win as SEC Closes Investigation Without Action

The US Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable (IMX), a blockchain-based gaming platform. The development comes after the regulator dropped several high-profile lawsuits recently, including the long-running case against Ripple. SEC Drops Probe into Immutable Immutable co-founder Robbie Ferguson revealed the development in the latest X (formerly Twitter) post. “The SEC has now officially dropped its inquiry into Immutable, with no enforcement action to be taken,” he posted source: https://beincrypto.com/sec-ends-investigation-into-immutable-imx/