SEC正式停止對Nova Labs的訴訟，標誌著幾個月的法律困境

該訴訟以指控氦氣，移動和物聯網代幣為未註冊的證券的指控。

The U.S. Securities and Exchange Commission (SEC) has officially discontinued its lawsuit against Nova Labs, the primary developer of the Helium Network, marking an end to months of legal limbo regarding the characterization of its native tokens.

美國證券交易委員會（SEC）已正式停止針對氦網絡的主要開發商Nova Labs的訴訟，這標誌著關於其原住民代幣的表徵的結束了幾個月的法律障礙。

The suit, which accused Helium’s HNT, MOBILE, and IoT tokens of being unregistered securities, was withdrawn on April 10 following a partial settlement. This dismissal is an important milestone for utility-oriented crypto projects operating in the current regulatory environment.

該訴訟指控氦氣的HNT，移動和物聯網代幣為未註冊的證券，於4月10日在部分和解後撤回。這種解僱是在當前監管環境中運行的面向公用事業的加密項目的重要里程碑。

Allegations and Settlement Terms

指控和和解條款

According to a blog post on Medium published by Helium on April 10, the United States Securities and Exchange Commission (SEC) has dismissed its lawsuit against Nova Labs, the company behind the decentralized wireless network Helium.

根據Helium於4月10日發表的《媒介》上的一篇博客文章，美國證券交易委員會（SEC）駁回了對分散的無線網絡氦氣背後的Nova Labs的訴訟。

Nova Labs agreed to pay a $200,000 civil fine to the SEC to settle fraud charges involving its 2021-2022 funding round. The company was charged by the SEC with exaggerating its connections with Nestlé, Lime, and Salesforce in an attempt to raise capital at a valuation of $1 billion. The settlement involved no admissions or denials of misconduct by Nova Labs.

Nova Labs同意向SEC支付200,000美元的民事罰款，以解決涉及其2021 - 2022年融資的欺詐指控。 SEC指控該公司與雀巢，石灰和Salesforce的聯繫誇張，以試圖以10億美元的估值籌集資金。解決方案不涉及Nova Labs的錄取或否認不當行為。

The SEC’s lawsuit, which was filed in January, accused Nova Labs of violating federal securities laws in the 2019 sale of its native token, Helium (HNT). The case was among the last major enforcement actions by former Chair Gary Gensler, who stepped down on January 20 following President Donald Trump’s inauguration.

SEC的訴訟於1月提起，指控Nova Labs在2019年出售其本地代幣Helium（HNT）中違反了聯邦證券法。該案是前主席加里·加斯勒（Gary Gensler）的最後一項重大執法行動之一，後者在唐納德·特朗普（Donald Trump）就職典禮後於1月20日辭職。

The complaint has now been dismissed with prejudice, which will bar the SEC from bringing similar charges against Nova Labs based on the same actions.

現在，投訴已被偏見駁回，這將禁止SEC根據相同的行動對Nova Labs提出類似的指控。

In their blog post, Helium has termed this “a major win for Helium and The People’s Network”. They further said that “With this dismissal, we can now definitively say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens through the Helium Network are not securities.”

在他們的博客文章中，氦氣稱這是“氦氣和人民網絡的重大勝利”。他們進一步說：“通過這種解僱，我們現在可以明確地說，所有兼容的氦熱點以及通過氦網絡的HNT，物聯網和移動令牌的分佈不是證券。”

Industry Applauds The Move

行業鼓掌此舉

The SEC ruling comes amid ongoing development in U.S. crypto policy, in part due to a more liberal approach to utility tokens within new frameworks unveiled during the Trump era. The action could herald a change in the way the SEC differentiates between tokens sold as investments and those with practical uses.

美國證券交易委員會（SEC）的裁決是在美國加密政策中持續發展的部分原因，部分原因是在特朗普時代揭幕的新框架內採取了更加自由的公用事業代幣。該行動可以使SEC區分出作為投資的代幣與具有實際用途的代幣的方式進行更改。

The SEC withdrawal of complaint marks the end of a period of uncertainty for the Decentralized Physical Infrastructure Network (DePIN) sector, which has often been met with vague regulations. Helium wrote in a blog that the ruling reflects the current position of the SEC with respect to Web3 projects, especially hardware-based and community-oriented benefits. Although this might be a positive signal for similar businesses, it does not release them from other aspects of the law.

SEC撤銷投訴標誌著分散的物理基礎設施網絡（DEPIN）部門的不確定性時期的結束，該部門經常符合模糊的法規。氦氣在博客中寫道，該裁決反映了SEC在Web3項目（尤其是基於硬件和麵向社區的好處）方面的當前位置。儘管這對於類似業務可能是一個積極的信號，但它並未將其從法律的其他方面釋放。

Even though Nova Labs had a positive result, legal analysts caution that uncertainty remains. Every cryptocurrency case is decided on its own merits, and the lack of a clear government framework still poses challenges for blockchain businesses in the United States. However, the dismissal is a huge relief for Helium and its supporters—and could signal a slow move toward more transparent standards for the crypto industry.

儘管Nova Labs取得了積極的結果，但法律分析師警告說，不確定性仍然存在。每個加密貨幣案件都是根據自己的優點決定的，缺乏明確的政府框架仍然對美國區塊鏈業務構成挑戰。但是，解僱對氦氣及其支持者來說是一個巨大的解脫，並且可能表明朝著加密貨幣行業的更透明標準邁出了緩慢的發展。