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adding Mayer Mizrachi to Panama and updating title to J.Powel at Economic Club of Chicago

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Adding News Story; Converge Network adopts Arbitrum and Celestia

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Disconnecting duplicated entities to be deleted & connecting the entities that we will keep instead

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adding Nova Labs announces SEC dismissed its case against Helium

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The SEC filed a lawsuit against Nova Labs in January 2025, marking one of its final cryptocurrency enforcement actions under Gary Gensler before he stepped down following President Donald Trump’s inauguration.
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The SEC filed a lawsuit against Nova Labs in January 2025, marking one of its final cryptocurrency enforcement actions under Gary Gensler before he stepped down following President Donald Trump’s inauguration.
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Filed in January 2025, the lawsuit was among the SEC’s final enforcement actions against a cryptocurrency developer under former Chair Gary Gensler, who stepped down from his post on Jan. 20 after US President Donald Trump took office.
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The settlement between Nova Labs and the SEC, which includes the SEC dropping charges that Nova Labs sold unregistered securities and Nova Labs agreeing to pay $200,000 over claims it misrepresented ties with Nestlé, Salesforce, and Lime, without admitting or denying wrongdoing, is still subject to court approval
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The settlement between Nova Labs and the SEC, which includes the SEC dropping charges that Nova Labs sold unregistered securities and Nova Labs agreeing to pay $200,000 over claims it misrepresented ties with Nestlé, Salesforce, and Lime, without admitting or denying wrongdoing, is still subject to court approval
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The settlement agreement, filed in the Southern District of New York (SDNY) on Thursday, is subject to approval by a federal judge.
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities.
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities.
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.
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The US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post.
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SEC drops suit against Helium for alleged securities violations
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The SEC sued Nova Labs in January, days before former agency Chair Gary Gensler resigned on Jan. 20. The lawsuit involved three Helium-related tokens — the Helium Network Token (HNT), Helium Mobile Token (MOBILE) and and the Helium IoT Network Token (IoT) — all of which the SEC said were unregistered securities.
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The SEC sued Nova Labs in January, days before former agency Chair Gary Gensler resigned on Jan. 20. The lawsuit involved three Helium-related tokens — the Helium Network Token (HNT), Helium Mobile Token (MOBILE) and and the Helium IoT Network Token (IoT) — all of which the SEC said were unregistered securities.
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SEC drops unregistered securities claims against Nova Labs, Helium says
Nova Labs announces SEC dismissed its case against Helium
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The U.S. Securities and Exchange Commission agreed to drop charges that Nova Labs sold unregistered Helium tokens as part of a settlement that is pending approval by a federal judge.
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Nova Labs announces SEC dismissed its case against Helium
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SEC drops suit against Helium for alleged securities violationsSEC drops unregistered securities claims against Nova Labs, Helium saysHelium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
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Week 15 of 202504/10/2025
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Nova Labs in its April 10, 2025 blogpost informed that the U.S. Securities and Exchange Commission has dismissed its lawsuit accusing the company of selling unregistered securities and will not be able to bring these charges in the future
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Nova Labs in its April 10, 2025 blogpost informed that the U.S. Securities and Exchange Commission has dismissed its lawsuit accusing the company of selling unregistered securities and will not be able to bring these charges in the future
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04/10/2025Week 15 of 2025
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Nova Labs, the creator of the Helium Network, said the U.S. Securities and Exchange Commission has dropped its claims that the firm sold unregistered securitiesThe US Securities and Exchange Commission (SEC) has dismissed a lawsuit against Nova Labs, developer of decentralized wireless network Helium, for allegedly issuing unregistered securities, Helium stated in an April 10 blog post. The dismissal with prejudice means the blockchain developer cannot be charged with similar violations again for issuing in 2019 its native token Helium, the company said.
In January, the SEC also accused Nova Labs of misleading investors about several high-profile partnerships. The company told investors that companies such as Nestlé, Lime, and Salesforce were using the network when the customers were neither customers nor “users,” the SEC said.
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In January, the SEC also accused Nova Labs of misleading investors about several high-profile partnerships. The company told investors that companies such as Nestlé, Lime, and Salesforce were using the network when the customers were neither customers nor “users,” the SEC said.
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SEC drops unregistered securities claims against Nova Labs, Helium says
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Nova Labs, as part of an agreement with SEC to drop charges that it sold the Helium Network Tokens as unregistered securities, agreed to pay $200,000 to settle allegations that it misrepresented limited contacts with Nestlé, Salesforce, and Lime as partnerships without admitting wrong doing
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Nova Labs, as part of an agreement with SEC to drop charges that it sold the Helium Network Tokens as unregistered securities, agreed to pay $200,000 to settle allegations that it misrepresented limited contacts with Nestlé, Salesforce, and Lime as partnerships without admitting wrong doing
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The company also agreed to pay $200,000, without admitting or denying claims involving private placement.Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors As part of the settlement agreement, the SEC agreed to drop its claims that three of Nova Labs’ tokens, including the native HNT token, were securities.Without admitting or denying any wrongdoing, Nova Labs agreed to pay the fine to settle accusations that it misled institutional investors during a funding round from late 2021 to early 2022, during which it raised $200 million in fresh capital at a $1 billion valuation. In its complaint, the SEC accused Nova Labs of lying to prospective investors about a number of big-name enterprise customers — including Nestle, Salesforce and Lime — it claimed were using the Helium technology. The SEC accused Nova Labs of repeatedly exaggerating the nature of its relationships with these three corporations in order to secure investments, touting them as customers and “users” of its tech. According to the complaint, Nova Labs’ actual contact with Lime, Salesforce and Nestle was limited and primarily occurred before the launch of the Helium network in mid-2019.In January, the SEC also accused Nova Labs of misleading investors about several high-profile partnerships. The company told investors that companies such as Nestlé, Lime, and Salesforce were using the network when the customers were neither customers nor “users,” the SEC said.
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Nova Labs, the creator of the Helium Network, said the U.S. Securities and Exchange Commission has dropped its claims that the firm sold unregistered securities
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Nova Labs, the creator of the Helium Network, said the U.S. Securities and Exchange Commission has dropped its claims that the firm sold unregistered securities
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SEC drops unregistered securities claims against Nova Labs, Helium says
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
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https://www.coindesk.com/policy/2025/04/10/helium-issuer-nova-labs-agrees-to-pay-sec-usd200k-to-settle-allegations-it-lied-to-investors-about-brand-partnerships
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
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