SEC Concludes Investigation into Immutable

The U.S. Securities and Exchange Commission (SEC) has closed its case against blockchain game developer Immutable.

The firm received a Wells notice in October 2024. The regulator’s claims concerned the company itself, its CEO, and the IMX ecosystem fund.

“The SEC’s decision to conclude the investigation is a victory for all creators, innovators, and gamers fighting for true digital ownership in games. It confirms that Immutable has long prioritized compliance with legal and regulatory requirements,” the developer’s statement read.

Immutable supported the U.S. authorities’ efforts to establish transparent rules for digital assets. The company emphasized that clear regulation provides developers with confidence and fosters innovation in the blockchain industry.

The outcome of the Immutable case reflects changes in the agency’s approach following the departure of Gary Gensler as SEC chairman in January. The former head had initiated proceedings against crypto exchanges, NFT projects, and other industry participants.

Earlier in the year, the SEC concluded investigations against Kraken, Coinbase, Robinhood, Ripple, ConsenSys, OpenSea, Gemini, and Uniswap.