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Breaking: Immutable Receives Wells Notice From US SEC

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Summary
Nutrition label

63% Informative

Immutable, the blockchain protocol designed for the next-generation of Web3 games, received a Wells Notice from the US Securities and Exchange Commission .

The regulator alleges Immutable might have violated Federal Securities laws over its native token IMX .

Immutable expressed frustration with the Wells Notice , and noted that it is ready to fight for its rights if required.

VR Score

36

Informative language

18

Neutral language

67

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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