$IMX
The blockchain game company Immutable has received a Wells notice from the U.S. Securities and Exchange Commission (SEC), which alleges that Immutable may have violated securities laws. In response, Immutable stated that they believe the IMX token does not fall under the category of securities, and they questioned the SEC's practice of 'enforcement over regulation.' Additionally, Immutable called for the establishment of a clear regulatory framework. This indicates that Immutable disputes the SEC's allegations and seeks more explicit regulatory guidance to avoid future legal disputes.