The post Is Immutable’s IMX Token Doomed? SEC’s Wells Notice Spells Trouble! appeared first on Coinpedia Fintech News
Immutable, a top Web3 gaming platform on Ethereum, recently revealed it received a Wells notice from the SEC, hinting at possible enforcement action. Surprisingly, this notice came right after their very first conversation with the SEC, suggesting a fast-track approach. With the U.S. elections coming up, questions are rising about the SEC’s motives and its …