# SEC Drops its Investigation into Immutable

*Author: Bankless*
*Published: Mar 25, 2025*
*Source: https://www.bankless.com/fr/read/sec-drops-investigation-into-web3-gaming-firm-immutable*

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The U.S. SEC has ceased its investigation into web3 gaming company Immutable, signaling a softer regulatory approach for the crypto industry under new leadership.

## **What’s the Scoop?**
- **No Enforcement Charges**: The U.S. SEC has ended its investigation into Immutable without pursuing any enforcement action.
- **Former Wells Notice**: Immutable previously received a Wells notice in November 2021 tied to its IMX token listings and sales.
- **Regulatory Shift**: The SEC's decision reflects a broader retreat from the enforcement-heavy regulation approach under former Chair Gary Gensler.