Helium Cleared: SEC Dismisses Unregistered Securities Claims

The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its claim that Nova Labs, the […]

The Securities and Exchange Commission has dismissed its claim that Nova Labs, creators of Helium, sold unregistered securities. This decision confirms that Helium Hotspots and tokens like HNT, IOT, and MOBILE are not considered securities. Legal Uncertainty Removed The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its claim that Nova Labs, the […]