SEC withdraws unregistered securities allegations against Helium's founding team, Nova Labs
According to Helium's official blog, the U.S. SEC has agreed to "prejudicially" withdraw unregistered securities allegations against Helium's founding team, Nova Labs, confirming that the issuance of Helium Hotspots devices and HNT, IOT, MOBILE tokens does not constitute a securities act. This decision brings key regulatory clarification for the Decentralized Entity Infrastructure Network (DePIN) project, meaning that building real infrastructure through cryptographic incentives
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