氦實驗室贏得對美國證券交易委員會的案件

在基於區塊鏈的基礎設施的突破中，氦的創始組織Nova Labs果斷地贏得了美國證券交易委員會的勝利。

In a move that has far-reaching implications for the future of blockchain-based infrastructure, the U.S. Securities and Exchange Commission (SEC) has formally abandoned its accusations against Helium’s founding organization, Nova Labs.

在對基於區塊鏈的基礎設施的未來有深遠影響的舉動中，美國證券交易委員會（SEC）正式放棄了針對氦的創始組織Nova Labs的指控。

This follows a decisive win for the company in court.

這是該公司在法庭上的決定性勝利之後。

The regulator has dropped its claims of unregistered securities offerings, which were centered around the company’s distribution of its token and sale of hotspot devices.

監管機構已放棄了未註冊的證券產品的主張，這些索賠圍繞公司分發其令牌和銷售熱點設備的索賠。

The SEC’s dismissal with prejudice of the case against them ensures these charges cannot be re-filed.

SEC對對他們的案件的偏見的解僱確保了這些指控不能重新構成。

This development is sure to have a knock-on effect on other similar legal cases. It will also be closely watched by the crypto community, especially in light of the SEC’s recent actions against other major exchanges and protocols.

這一發展肯定會對其他類似的法律案件產生連鎖反應。加密社區也將密切關注它，尤其是鑑於SEC最近針對其他主要交易所和協議的行動。

A New Chapter for DePINs: Utility Tokens Get Legal Light

Depins的新章節：公用事業令牌獲得法律燈

This case began in March when the SEC sued Nova Labs, alleging that the company sold unregistered securities to raise capital.

該案始於3月，當SEC起訴Nova Labs時，該案指控該公司出售了未註冊的證券來籌集資金。

The regulator took issue with Helium’s token distribution model, arguing that it was used to defraud investors.

監管機構對氦的代幣分銷模式提出了質疑，認為它是用於欺騙投資者的。

However, a judge ruled in December that the company’s actions did not constitute a violation of securities law.

但是，法官在12月裁定該公司的行動並不構成違反證券法的行為。

The judge stated that Helium’s tokens were sold to provide a service—expanding the company’s network—and not as part of an investment scheme.

法官指出，出售氦的代幣以提供服務（擴展公司的網絡），而不是作為投資計劃的一部分。

The SEC’s decision to abandon its case and the judge’s verdict are a testament to the company’s actions and highlight the importance of operating within the legal framework.

SEC放棄案件和法官的裁決的決定證明了公司的行動，並強調了在法律框架內運營的重要性。

This case is particularly important in the context of decentralized physical infrastructure networks (DePINs), which are becoming increasingly vital to closing the digital divide and providing greater economic opportunity.

在分散的物理基礎設施網絡（DEPIN）的背景下，這種情況尤為重要，這些基礎設施網絡（DEPIN）對於關閉數字鴻溝並提供更大的經濟機會變得越來越重要。

DePINs are community-driven initiatives that aim to build out new types of infrastructure, such as wireless networks, energy grids, and transportation systems.

Depins是社區驅動的舉措，旨在建立新型的基礎設施，例如無線網絡，電網和運輸系統。

These networks are typically powered by utility tokens, which are used to incentivize individuals to contribute to the network and perform useful tasks.

這些網絡通常由公用事業代幣提供動力，這些網絡用於激勵個人為網絡做出貢獻並執行有用的任務。

However, this model has come under scrutiny from regulators who are concerned about the potential for abuse.

但是，這種模式受到關注濫用潛力的監管機構的審查。

In the case of Helium, the company’s network is built and maintained by a community of individuals who set up hotspots and provide network coverage.

就氦氣而言，該公司的網絡是由建立熱點並提供網絡覆蓋的個人社區建立和維護的。

In exchange for their contributions, they are rewarded with Helium’s native token, HNT.

為了換取他們的貢獻，他們獲得了氦氣的原始令牌Hnt的獎勵。

The company’s vision is to create a decentralized and user-owned wireless network that provides affordable and reliable internet access to people around the world.

該公司的願景是創建一個分散且用戶擁有的無線網絡，該網絡可為世界各地的人們提供負擔得起且可靠的互聯網訪問。

This mission is closely aligned with the goals of Web3 to empower individuals and distribute power more broadly.

該任務與Web3的目標密切相符，以增強個人權力並更廣泛地分配權力。

However, the threat of regulatory action has shadowed this vision and threatened to set back the company’s progress.

但是，監管行動的威脅掩蓋了這一願景，並威脅要撤銷公司的進步。

Now, with the SEC’s charges formally dropped and the case closed, Nova Labs can finally proceed with confidence and begin a new chapter in its journey.

現在，隨著SEC的指控正式下降並結束了案件，Nova Labs最終可以自信地進行，並在其旅程中開始新的篇章。

A Final Note on the Importance of the Moment

關於當下重要性的最後說明

It is important to note that the timing on this legal reversal is interesting.

重要的是要注意，這種法律逆轉的時機很有趣。

The first lawsuit was filed during a U.S. Securities and Exchange Commission leadership transition, and its political motivation is called into question.

第一次訴訟是在美國證券交易委員會領導層過渡期間提起的，其政治動機受到質疑。

Yet rather than continuing to pursue this case and pressing on with an agenda of expanding regulatory oversight over crypto projects, the current administration has decided to shift course.

然而，現任政府並沒有繼續努力進行此案，並繼續迫切希望對加密項目的監管監督進行擴大監督的議程，而是決定改變路線。

This decision signifies a willingness among regulatory institutions to adapt and recognize the unique nature of blockchain networks and Web3 projects.

該決定表示監管機構之間的意願適應和認識區塊鍊網絡和Web3項目的獨特性質。

It is also a testament to the company’s actions and its commitment to operating in accordance with the law.

這也證明了公司的行動及其對根據法律運營的承諾。

As the SEC rolls up its involvement in the case, the Helium community continues to move forward, lighter, legitimized, and more dedicated than ever to transforming how the globe is connected.

隨著SEC參與此案的參與，氦社區繼續前進，更輕，合法化和比以往任何時候都更加專注，以改變地球儀的聯繫。