SEC Dismisses Lawsuit Against Helium, Clarifying Tokens and Devices Are Not Securities Under Law

Apr 11, 2025

The SEC dismissed the lawsuit against Nova Labs, stating that their tokens and devices are not securities. This decision sets a precedent and clarifies the regulatory approach under new leadership. Nova Labs agreed to a $200,000 settlement related to equity financing.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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