Immutable dice que la SEC amenaza con demandar por las ventas del token IMX
La startup de juegos Ethereum Immutable, recibió un aviso de Wells de la Comisión de Bolsa y Valores de EE. UU. (SEC). Immutable se quejó de que la SEC era deliberadamente dura con las nuevas empresas de criptomonedas, a pesar de la poca evidencia de daño.
Immutable (IMX) fue uno de los principales proyectos orientados a los juegos durante el auge del juego para ganar de 2021. El proyecto combinó un mercado NFT y una solución de escalamiento L2 para desarrolladores de juegos externos.
El lanzamiento de Immutable se produjo durante un período optimista en el mercado de las criptomonedas. El proyecto logró recaudar 320 millones de dólares en una preventa, de los cuales más del 14% de los tokens IMX fueron al público. Este fue el punto de discusión al que se dirigió la SEC, acusando a Immutable de colocar un valor no registrado.
La SEC de EE. UU. se puso en contacto con Immutable para conversar e inmediatamente emitió el aviso de Wells. Immutable ahora se enfrenta a la acción después de tener la oportunidad de obtener una respuesta pública. El aviso puede preceder a una demanda pero no garantiza las próximas acciones de la SEC.
Immutable recibió una notificación de Wells de la SEC, la última en su política de facto de regulación mediante aplicación de la ley. Recibimos esto pocas horas después de nuestra primera conversación, en un cronograma claramente acelerado para llegar antes de las elecciones.
Lamentablemente, historias como esta se están volviendo...
- Inmutable (@Immutable) 31 de octubre de 2024
Following the news of the Wells notice, IMX tokens slid from $1.37 to $1.22, falling to a one-month low. However, the SEC investigation also triggered a renewal in open interest. For IMX, open interest rallied from lows of $22M up to $27M within a few hours. IMX is seen as a risky proposition, though also as an opportunity to quickly recover from its lows.
IMX is represented on most major exchanges, including Binance and Coinbase. So far, Wells notices have not led to delistings for other projects, with the exception of XRP, which was delisted from Binance for a year.
Immutable claims the SEC is using aggressive enforcement
Immutable has encountered the SEC’s approach of targeting high-profile on-chain projects with a direct attempt to levy fines or cause protracted, expensive lawsuits. The SEC has targeted industry leaders like Coinbase, Crypto.com, and Uniswap.
Other projects affected by SEC’s approach of direct action include Consensys, Ripple, and OpenSea.
The Wells notices suggest the SEC has discovered infarctions in the project’s activities, with the possibility of launching a lawsuit. Immutable noted that the SEC did not give material explanations on its findings or which aspect of the project’s business triggered the investigation. The team suggested the SEC may be on a general war against crypto projects, even without specific regulatory findings.
Immutable targeted based on securities law
The SEC has targeted Immutable based on securities law, most probably because of its private and public placement in 2022, followed by exchange listings. According to Immutable, the SEC’s allegations of selling unregistered securities are vague.
Despite this, the case of Ripple has shown that the SEC can keep up the fight for years, preventing projects from innovating and tapping liquidity.
Immutable stated it is ready to be compliant, but is against aggressive enforcement with no clear means to amend the business model. Instead, the SEC has launched expensive and protracted lawsuits against multiple projects. The SEC has even lost some of the lawsuits, though not without causing delays for the projects.
Immutable became a staple in the gaming space, drawing in games like Gods Unchained, Etherbots, and Guild of Guardians. The platform itself worked as an L2, aiming for wide adoption. The project is well-funded and can continue to innovate as interest in Web3 projects returns.
IMX tokens can also be staked, in exchange for rewards coming from the ecosystem development fund. IMX tokens are 78% unlocked, getting closer to their fair value. The platform does not carry a DeFi space and only locks around $24.51M in liquidity.
The L2 solution does not behave like other chains aiming to tap Ethereum liquidity. Instead, Immutable aims to give a fast, scalable network for gaming. Immutable is also working on a zero-knowledge solution and has achieved partial decentralization. According to L2Beat, Immutable has achieved three of the five milestones for zero-knowledge chains.
Immutable carries dozens of games and apps, though some of them have limited on-chain activity. Gods Unchained remains the top app, mixing NFT and competition. Immutable also carries Illuvium (ILV), one of the high-profile 3D games. The notice arrives at a time when on-chain gaming attempts to make a return, this time in a more sustainable way compared to 2021.
Artículos Recomendados
