The American Securities and Exchange (SEC) commission has abandoned its investigation into the unchanging web3 gaming platform and will not bring charges of application, according to an announcement of the company on Tuesday.
ImmuTable, an Australian company, revealed that it had received a notice from Wells – essentially an official point of view of the SEC that he intends to file an action in application against the beneficiary – in November. At the time, the company hypothesized that the SEC survey was linked to its list and its private sales of its native token in 2021.
“We are delighted that the SEC has concluded its investigation,” said Robbie Ferguson, co-founder and immutable president in a statement. “It marks an important step for the crypto
Industry and game while we are progressing towards a future with regulatory clarity. »»
Ferguson added that the company was “delighted” from the regulatory clarity in development from the US government and said that “with a clear regulatory framework, we plan to accelerate our ambitions to bring digital property to the 3.1 billion players worldwide.”
The SEC refused to comment, saying to Coindesk that the agency “does not comment on the existence or the non-existence of a possible investigation”.
The DSA’s decision to put an end to its investigation into immutable is the last in a series of closed probes and abandoned disputes while the agency continues its large -scale retirement from the so -called “application by application” approach to former president Gary Gensler. Under the direction of acting president Mark Uyeda, the SEC reported a total overhaul in its cryptographic regulatory strategy, creating a cryptographic working group led by the friendly commissioner Hester Peirce and the start of a series of round discussions with industry players.
In less than three months since US President Donald Trump took office – catalyzing a regulatory sea change for cryptographic industry – SEC SURVES on crypto exchange Gemini, Robinhood commercial platform, non -fascinable jetage (NFT) OPENSEA, the company NFT Yuga Labs, and now immutable, have been deposited, with no. The agency’s dispute against cryptographic societies, notably Kraken, Coinbase, Consensys, Ripple Andcumberland DRW, was also abandoned. Even more disputes, including dry affairs against Tron and Binance, were interrupted.
However, all those who have received a welll opinion are not yet out of the dry hook. The Crypto Unicoin issuer received a notice from well last year informing the company that the SEC was planning to pay charges alleged violations related to fraud, misleading practices and the offer and sale of unregistered titles.
A spokesperson for Unicoin told Coindesk that the firm “remained in the final stages of the dry examination process”.
“For the moment, we have not received any new update or official comments from the SEC concerning our registration,” added the spokesperson. “We are fully attached to compliance and transparency, and we continue to work to ensure the necessary approvals for our planned offers.”
Crypto.com also received an opinion from the dry Wells last year, after which he continued the agency and then Pensler, accusing the regulator of “illegally developing his jurisdiction”. The costume was then abandoned. Crypto.com did not publicly comment on the status of the SEC survey and did not respond to the request for comments from Coindesk.
