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Article • 3 months ago

SEC Drops Lawsuit Against Helium Developer Nova Labs

Helium
SEC Drops Lawsuit Against Helium Developer Nova Labs
Summary
  • The SEC has dropped a lawsuit against Nova Labs, the developer of the decentralized wireless network Helium, over alleged unregistered securities.
  • The dismissal with prejudice means that Nova Labs cannot be charged again for similar violations related to the issuance of their native token Helium (HNT) in 2019.

Source: https://cointelegraph.com/news/sec-dismisses-helium-lawsuit

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