The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.
CyberKongz said it was first contacted by the SEC two years ago and had been “suffering in silence” ever since.
The US Securities and Exchange Commission (SEC) has filed a Wells Notice to Immutable over its sales of IMX tokens. The SEC’s contention is related to a 2021 blog post on the pre-launch investment made in the IMX tokens priced at $0.10 or a $10 pre-100:1 split. Related Reading: ADA Is The Star, Cardano Founder […]
Blockchain gaming platform Immutable says it received a Wells notice from the SEC over alleged securities law violations within "hours" of its first interaction with the regulator.
Users have more confidence in DeFi brands the longer they survive without incident, but every new upgrade may reset the clock.
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The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels.
Immutable has wound down its NFT marketplace to allow marketplaces within its ecosystem to flourish.
Immutable wrote that they would rather support marketplaces within the ecosystem than compete.