Odaily News Web3 gaming platform Immutable has announced that the U.S. Securities and Exchange Commission (SEC) has formally notified the company that its investigation into the company and related parties has concluded. The investigation did not find any wrongdoing and the SEC will not take any action, which puts an end to the Wells Notice issued by the SEC last year (regarding an ongoing investigation and intended litigation). Robbie Ferguson, President of Immutable, said in a statement: "We are pleased that the SEC has concluded its investigation. This is an important milestone for the crypto industry and gaming as we move towards a future of regulatory clarity. Immutable remains committed to our vision of bringing digital ownership to 3.1 billion gamers around the world; we can now move toward this goal without any obstacles."
