SEC Terminates Investigation into Immutable, No Violations Found
Portfolio Pulse from
The SEC has terminated its investigation into Immutable, a Web3 gaming platform, without finding any violations. This decision is part of a broader trend of regulatory softening under new leadership, with multiple crypto investigations being dropped in recent months. The news caused Immutable's IMX token to surge 15%, reaching its highest price since March 3.
March 26, 2025 | 9:30 am
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POSITIVE IMPACT
IMX token experienced a significant 15% price increase following the SEC's decision to terminate its investigation into Immutable, indicating positive market sentiment and reduced regulatory uncertainty.
The SEC's decision removes a major regulatory overhang for Immutable, reducing legal risk and signaling a more crypto-friendly regulatory environment. This directly benefits IMX by improving investor confidence and reducing potential enforcement actions.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100