The SEC sues Nova Labs, Helium's developer, sparking concerns over crypto regulation and compliance challenges.
SEC files lawsuit against Helium Network creator Nova Labs in a significant regulatory move.
The US SEC has filed a lawsuit against Nova Labs, the creator of Helium, for alleged unregistered securities sales.
The SEC charges Nova Labs with fraud for misleading investors and conducting unregistered crypto offerings, violating securities laws.
SEC sues Nova Labs over deceptive claims about Helium partnerships, impacting the Helium Network's credibility. Despite allegations, the HNT token's value rises.
The SEC has filed a lawsuit against Nova Labs, the creator of the Helium Network, for allegedly dealing in unregistered securities.
Nova Labs, creator of the Helium network, faces an SEC lawsuit for allegedly selling unregistered securities and misleading investors. The lawsuit challenges three Helium-related tokens.
SEC sues Nova Labs, creator of Helium Network, as Chair Gary Gensler plans to exit.
The SEC's lawsuit against Nova Labs sparks debates on crypto regulations as leadership changes loom at the agency.
The SEC has filed a lawsuit against Nova Labs, alleging unregistered crypto securities offerings just as Gary Gensler prepares to step down as chair.
Nova Labs has laid off 36% of its workforce, impacting around 105 employees. The company is shifting focus to its cellular and crypto phone businesses.
Sarah Aberg from Nova Labs praises the FCC's net neutrality ruling as beneficial for Web3 startups and implies a need for a similar approach from the SEC to foster innovation.