Immutable's Ethereum Gaming Token IMX Falls Amid Looming SEC Threat

Nov 02, 2024

Immutable's IMX token on Ethereum plummeted 14% after the firm disclosed receiving a letter from the SEC threatening potential enforcement action. The SEC's warning is linked to a 2021 sale of IMX tokens alleged to be unregistered securities.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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