🔍 IMX Faces SEC Scrutiny!

A Wells Notice from the SEC has shaken confidence in Immutable X, causing a 13% price drop today. With recent token unlocks and rising social concerns, is IMX in trouble?

We analyze it here: https://auriccrypto.com/altcoins/immutable-sec-wells-notice-is-imx-in-trouble/

#immutable #immutablex #sec #imx #wellsnotice

Solar Winds, the enterprise technology company made famous after suffering a nation state directed cyber attack in 2020, has been served notice by the SEC that further action is coming. Not only did they receive their own Wells Notice in October, but now two individuals, their CFO and CISO, have as well.

This is the first time a CISO has received a Wells Notice.

What should corporate directors know and do about this? To shed some light on the practical implications for business leaders we will ask for insights from two of our OODA network experts, Bob Flores and Junaid Islam.

See the video at:

https://youtu.be/qyVasswen4E

#solarwinds #sec #wellsnotice #cybersecurity #defcon #ciso #ooda

The law that created the #SEC says explicitly that filing an S-1 and having it approved does not imply that the contents of the same is truthful or any judgement of value on the company's business, including its legality.

Moreover, that law says that companies are expressly prohibited to tell their prospective investors that the S-1 approval had any such implications.

Yet that is precsiely what #Coinbase is claiming to the four winds, as response to the SEC's #WellsNotice...