SEC正式停止对Nova Labs的诉讼，标志着几个月的法律困境

该诉讼以指控氦气，移动和物联网代币为未注册的证券的指控。

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.

美国证券交易委员会（SEC）已正式停止针对氦网络的主要开发商Nova Labs的诉讼，这标志着关于其原住民代币的表征的结束了几个月的法律障碍。

The suit, which accused Helium’s HNT, MOBILE, and IoT tokens of being unregistered securities, was withdrawn on April 10 following a partial settlement.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.

该诉讼指控氦气的HNT，移动和物联网代币为未注册的证券，于4月10日在部分和解后撤回。这种解雇是在当前监管环境中运行的面向公用事业的加密项目的重要里程碑。

Allegations and Settlement Terms

指控和和解条款

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.

根据Helium于4月10日发表的《媒介》上的一篇博客文章，美国证券交易委员会（SEC）驳回了对分散的无线网络氦气背后的Nova Labs的诉讼。

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美元的民事罚款，以解决涉及其2021 - 2022年融资的欺诈指控。 SEC指控该公司与雀巢，石灰和Salesforce的联系夸张，以试图以10亿美元的估值筹集资金。解决方案不涉及Nova Labs的录取或否认不当行为。

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的诉讼于1月提起，指控Nova Labs在2019年出售其本地代币Helium（HNT）中违反了联邦证券法。该案是前主席加里·加斯勒（Gary Gensler）的最后一项重大执法行动之一，后者在唐纳德·特朗普（Donald Trump）就职典礼后于1月20日辞职。

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.

现在，投诉已被偏见驳回，这将禁止SEC根据相同的行动对Nova Labs提出类似的指控。

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.”

在他们的博客文章中，氦气称这是“氦气和人民网络的重大胜利”。他们进一步说：“通过这种解雇，我们现在可以明确地说，所有兼容的氦热点以及通过氦网络的HNT，物联网和移动令牌的分布不是证券。”

Industry Applauds The Move

行业鼓掌此举

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.

美国证券交易委员会（SEC）的裁决是在美国加密政策中持续发展的部分原因，部分原因是在特朗普时代揭幕的新框架内采取了更加自由的公用事业代币。该行动可以使SEC区分出作为投资的代币与具有实际用途的代币的方式进行更改。

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撤销投诉标志着分散的物理基础设施网络（DEPIN）部门的不确定性时期的结束，该部门经常符合模糊的法规。氦气在博客中写道，该裁决反映了SEC在Web3项目（尤其是基于硬件和面向社区的好处）方面的当前位置。尽管这对于类似业务可能是一个积极的信号，但它并未将其从法律的其他方面释放。

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.

尽管Nova Labs取得了积极的结果，但法律分析师警告说，不确定性仍然存在。每个加密货币案件都是根据自己的优点决定的，缺乏明确的政府框架仍然对美国区块链业务构成挑战。但是，解雇对氦气及其支持者来说是一个巨大的解脱，并且可能表明朝着加密货币行业的更透明标准迈出了缓慢的发展。