氦实验室赢得对美国证券交易委员会的案件

在基于区块链的基础设施的突破中，氦的创始组织Nova Labs果断地赢得了美国证券交易委员会的胜利。

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.

在对基于区块链的基础设施的未来有深远影响的举动中，美国证券交易委员会（SEC）正式放弃了针对氦的创始组织Nova Labs的指控。

This follows a decisive win for the company in court.

这是该公司在法庭上的决定性胜利之后。

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.

监管机构已放弃了未注册的证券产品的主张，这些索赔围绕公司分发其令牌和销售热点设备的索赔。

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

SEC对对他们的案件的偏见的解雇确保了这些指控不能重新构成。

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.

这一发展肯定会对其他类似的法律案件产生连锁反应。加密社区也将密切关注它，尤其是鉴于SEC最近针对其他主要交易所和协议的行动。

A New Chapter for DePINs: Utility Tokens Get Legal Light

Depins的新章节：公用事业令牌获得法律灯

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

该案始于3月，当SEC起诉Nova Labs时，该案指控该公司出售了未注册的证券来筹集资金。

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

监管机构对氦的代币分销模式提出了质疑，认为它是用于欺骗投资者的。

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月裁定该公司的行动并不构成违反证券法的行为。

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，出售氦的代币以提供服务（扩展公司的网络），而不是作为投资计划的一部分。

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放弃案件和法官的裁决的决定证明了公司的行动，并强调了在法律框架内运营的重要性。

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.

在分散的物理基础设施网络（DEPIN）的背景下，这种情况尤为重要，这些基础设施网络（DEPIN）对于关闭数字鸿沟并提供更大的经济机会变得越来越重要。

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

Depins是社区驱动的举措，旨在建立新型的基础设施，例如无线网络，电网和运输系统。

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

这些网络通常由公用事业代币提供动力，这些网络用于激励个人为网络做出贡献并执行有用的任务。

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

但是，这种模式受到关注滥用潜力的监管机构的审查。

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.

就氦气而言，该公司的网络是由建立热点并提供网络覆盖的个人社区建立和维护的。

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

为了换取他们的贡献，他们获得了氦气的原始令牌Hnt的奖励。

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.

该公司的愿景是创建一个分散且用户拥有的无线网络，该网络可为世界各地的人们提供负担得起且可靠的互联网访问。

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

该任务与Web3的目标密切相符，以增强个人权力并更广泛地分配权力。

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

但是，监管行动的威胁掩盖了这一愿景，并威胁要撤销公司的进步。

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.

现在，随着SEC的指控正式下降并结束了案件，Nova Labs最终可以自信地进行，并在其旅程中开始新的篇章。

A Final Note on the Importance of the Moment

关于当下重要性的最后说明

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

重要的是要注意，这种法律逆转的时机很有趣。

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

第一次诉讼是在美国证券交易委员会领导层过渡期间提起的，其政治动机受到质疑。

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，现任政府并没有继续努力进行此案，并继续迫切希望对加密项目的监管监督进行扩大监督的议程，而是决定改变路线。

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

该决定表示监管机构之间的意愿适应和认识区块链网络和Web3项目的独特性质。

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

这也证明了公司的行动及其对根据法律运营的承诺。

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.

随着SEC参与此案的参与，氦社区继续前进，更轻，合法化和比以往任何时候都更加专注，以改变地球仪的联系。