Tag: Immutable

SEC Ends Investigation Into Immutable, No Charges Filed

SEC Ends Investigation Into Immutable, No Charges Filed

The U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into Immutable without taking any enforcement action, marking a significant moment for the Web3 gaming industry. In a statement released on March 26, Immutable confirmed that the SEC had decided against pursuing charges against the company, its IMX ...

source: cryptonitecapital.com

Immutable Reports Improved 2024 Outlook Despite $50M Loss

Blockchain game developer Immutable shows signs of recovery after reporting a $50 million loss in 2023. According to recent filings cited by the Australian Financial Review, the company has made significant strides in performance despite facing challenges from a turbulent crypto market, global regulatory pressures, and high marketing costs. Known ...

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