Regulation

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SEC Sues Helium Developer Nova Labs Over False Partnership Claims

January 20, 2025
The U.S. Securities and Exchange Commission (SEC) has taken legal action against Nova Labs, Inc., accusing the tech company of making misleading statements regarding its partnerships with prominent corporations, just days before SEC Chair Gary Gensler’s departure. In a filing dated January 17, the SEC alleged that Nova Labs, the developers of the Helium Network,
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