SEC驳回了对拥有氦网络的公司Nova Labs的案件

美国证券交易委员会（SEC）驳回了对拥有氦网络的公司Nova Labs的案件，认为该项目的代币不是证券。

The US Securities and Exchange Commission (SEC) has dismissed its case against Nova Labs, the firm that owns the Helium Network, deeming that the project’s tokens are not securities. This move comes when Helium’s cryptocurrency (HNT) enjoys robust market performance, trading at around $2.92 with a 7% rise over the past 24 hours.

美国证券交易委员会（SEC）驳回了对拥有氦网络的公司Nova Labs的案件，认为该项目的代币不是证券。此举是在氦的加密货币（HNT）享有强劲的市场业绩，在过去24小时内增长了7％，交易约为2.92美元。

Nova Labs Pays $200,000 Fine

Nova Labs支付$ 200,000罚款

Nova Labs agreed to pay a $200,000 civil penalty to settle fraud claims without admitting fault, despite celebrating the regulatory victory, according to documents filed in a federal court in San Francisco on Wednesday.

根据周三在旧金山的联邦法院提交的文件，尽管庆祝监管胜利，但诺瓦实验室同意支付200,000美元的民事罚款，以解决欺诈索赔而不承认过错。

The SEC had alleged that the company made false and misleading statements to institutional investors in connection with a preferred equity offering in 2021 and 2022, when it raised $200 million at a $1 billion valuation.

SEC曾声称，该公司在2021年和2022年的首选股权产品中向机构投资者发表了虚假和误导性的声明，当时该公司以10亿美元的估值筹集了2亿美元。

According to the SEC, Nova Labs exaggerated the connections and partnerships it had with large companies such as Nestle and Salesforce. These partnerships were limited in number and mainly occurred before the launch of Helium’s network in 2019. This company announcement about the SEC’s dismissal did not mention this financial settlement.

根据SEC的说法，Nova Labs夸大了与雀巢和Salesforce等大型公司的联系和合作伙伴关系。这些合作伙伴关系的数量有限，主要发生在2019年氦网络推出之前。该公司宣布SEC解雇的消息没有提及此财务和解。

Today marks a major win for Helium and The People’s Network! The SEC has agreed to dismiss its unregistered securities claims with prejudice. Helium Hotspots and the distribution of HNT, MOBILE, and IOT through the Helium Network are not securities. It also means that the SEC… pic.twitter.com/vJSBAFht8T

今天，标志着氦气和人民网络的重大胜利！ SEC已同意以偏见驳回其未注册的证券索赔。氦热点以及通过氦网络的HNT，移动和物联网的分布不是证券。这也意味着SEC…pic.twitter.com/vjsbafht8t

— Helium🎈 (@helium) April 10, 2025

- 氦气（@helium）2025年4月10日

Landmark Decision Creates Precedent For DePIN Projects

具有里程碑意义的决策为杜地国项目创建先例

“We can now definitely say that all compatible Helium Hotspots and the distribution of HNT, IOT, and MOBILE tokens on the Helium Network are not securities,” Helium stated in an April 10 blog post. The company explained that the sale of hardware and token distribution for network expansion do not necessarily qualify them as securities.

氦气在4月10日的博客文章中说：“我们现在可以肯定地说，所有兼容的氦热点以及氦网络上的HNT，IoT和移动令牌的分布都不是证券。”该公司解释说，用于网络扩展的硬件和代币分销的出售不一定使它们成为证券。

This decision sets a significant precedent for Decentralized Physical Infrastructure Networks (DePIN), eliminating legal uncertainty for projects of the same type that utilize cryptocurrency incentives to build physical infrastructure. The ruling signals a fundamental shift in regulatory thinking.

该决定为分散的物理基础架构网络（DEPIN）树立了重要的先例，消除了利用加密货币激励措施来构建物理基础设施的相同类型项目的法律不确定性。该裁决标志着监管思维的根本转变。

Helium Network Remains In Strong Standing Despite Setbacks

尽管挫折，氦网络仍然保持强烈地位

The Helium Network currently has around 375,000 active hotspots operating in various locations worldwide. The blockchain network empowers users to create and manage small WiFi networks, offering decentralized wireless infrastructure for mobile and Internet of Things (IoT) devices.

氦网络目前在全球各个位置都有大约375,000个活跃的热点。区块链网络赋予用户创建和管理小型WiFi网络，从而为移动和互联网（IoT）设备提供分散的无线基础架构。

Trump Administration Signals Shift In Crypto Regulation

特朗普政府信号在加密法规中转移

The dismissal of the Helium case adds to what appears to be a string of SEC case dismissals during the Trump administration. The agency is said to have dropped charges against several prominent cryptocurrency businesses such as Coinbase, Binance, and Uniswap since US President Donald Trump was inaugurated in January.

撤销氦气案增加了特朗普政府期间的一系列SEC案件。据说该机构已经对几家著名的加密货币业务（例如Coinbase，Binance和Uniswap）提出了指控，因为美国总统唐纳德·特朗普（Donald Trump）于一月份开幕。

The termination timing coincides with Paul Atkins formally assuming the role of chairman of the Securities and Exchange Commission following confirmation by the US Senate.

终止时序与保罗·阿特金斯（Paul Atkins）正式同时担任美国参议院确认后证券交易委员会主席的职务。

This development follows a tumultuous period that saw the departure of former chairman Gary Gensler, leaving behind a single commissioner, reportedly leading to the termination of several high-profile cases.

这一发展是在一个动荡的时期之后，前董事长加里·贡斯勒（Gary Gensler）离开了，据报道，一名专员留下了一名专员，导致终止了几起备受瞩目的案件。

The enforcement action against Nova Labs was initially filed in January 2025 and represents one of the last enforcement actions initiated by the SEC under the now-former chairman Gensler before his resignation.

针对Nova Labs的执法行动最初于2025年1月提起，这是SEC在Gensler辞职之前由SEC在现任董事长下面发起的最后执法行动之一。

According to reports, Acting Chairman Mark Uyeda and Commissioner Hester Peirce endeavored to dismiss crypto enforcement cases amid the transition from Gensler’s exit to Atkins’ confirmation.

据报道，代理董事长马克·乌耶达（Mark Uyeda）和专员赫斯特·皮尔斯（Hester Peirce）努力驳回了从Gensler退出到阿特金斯（Atkins）确认的过渡，驳回了加密执法案件。

While viewed as crypto-friendly, it seems that chair Paul is more interested in setting up a legal framework for digital assets than in continuing to dismantle the existing regulatory regime.

虽然被认为是对加密货币友好的，但保罗主席似乎对建立数字资产的法律框架更感兴趣，而不是继续拆除现有的监管制度。