Regulation - Page 72

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SEC Drops Helium Lawsuit, Crypto Token Violations Cleared

April 11, 2025
The U.S. Securities and Exchange Commission (SEC) has dropped its lawsuit against Nova Labs, the company behind the Helium Network, which had been accused of issuing unregistered securities. In a blog post on April 10, Helium celebrated the dismissal of the lawsuit, describing it as a “major win for Helium and the people.” “Today marks