News
SEC Drops its Investigation into Immutable
The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.
Mar 25, 2025
•
1 min read
The U.S. SEC has ceased its investigation into web3 gaming company Immutable, signaling a softer regulatory approach for the crypto industry under new leadership.
What’s the Scoop?
- No Enforcement Charges: The U.S. SEC has ended its investigation into Immutable without pursuing any enforcement action.
- Former Wells Notice: Immutable previously received a Wells notice in November 2021 tied to its IMX token listings and sales.
- Regulatory Shift: The SEC's decision reflects a broader retreat from the enforcement-heavy regulation approach under former Chair Gary Gensler.
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.