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Article • Apr 12, 2025

SEC Dismisses Case Against Helium Network Owner, Nova Labs

Helium
SEC Dismisses Case Against Helium Network Owner, Nova Labs
Summary
  • The SEC has dismissed its securities claims against Nova Labs, the owner of the Helium Network, paving the way for legal clarity for projects utilizing cryptocurrency incentives for physical infrastructure.
  • Helium's HNT token is not regarded as a security by the SEC, marking a significant regulatory win for the project and setting a precedent for similar Decentralized Physical Infrastructure Networks (DePIN).

Source: https://bitcoinist.com/crypto-relief-sec-abandons-case-against-nova-labs/

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SEC Dismisses Case Against Helium Network Owner, Nova Labs | DePIN Hub