SEC closes investigation into Immutable nearly 5 months after Wells notice
The crypto gaming firm behind Ethereum layer-2 Immutable X said it received a letter of termination from the SEC that didn’t explain why it ended its probe.
Update (March 25, 10:09 pm UTC): This article has been updated to include a response from the SEC and an X post from Robbie Ferguson.
Web3 gaming platform Immutable says the US Securities and Exchange Commission has closed its investigation into the company, clearing it of any further action.
Immutable — the firm behind the Ethereum layer-2 Immutable X — said in a March 25 statement that the SEC shut its inquiry into the firm without finding wrongdoing and “closes the loop on the Wells notice issued by the SEC last year.”
