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Article • about 1 month ago

SEC Drops Case Against Helium Network, Resolving Uncertainty

Helium
SEC Drops Case Against Helium Network, Resolving Uncertainty
Summary
  • The SEC has dismissed the case with prejudice, bringing an end to uncertainty surrounding HNT, IOT, and MOBILE tokens.
  • The outcome clarifies that selling hardware and distributing tokens for network growth does not automatically classify them as securities.

Source: https://crypto.news/u-s-sec-drops-unregistered-securities-case-against-helium-developer-nova-labs/

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SEC Drops Case Against Helium Network, Resolving Uncertainty | DePIN Hub