The U.S. SEC has terminated its investigation into Immutable and related parties, finding no violations
ChainCatcher news, according to VentureBeat, Immutable announced that the U.S. Securities and Exchange Commission (SEC) has officially terminated its investigation into it and related parties, finding no violations and taking no further action. This marks the formal closure of last year's Wells notice (a warning of a potential lawsuit).
Immutable President Robbie Ferguson stated that this move brings regulatory clarity to the Web3 gaming industry and is expected to drive more institutional investment, especially unlocking significant opportunities in the in-game purchase market valued at over $200 billion.
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