April 11, 2025
Cryptocurrency firm Nova Labs Inc. has agreed to pay $200,000 to settle a U.S. Securities and Exchange Commission lawsuit claiming it falsely touted client relationships with Nestle and other large businesses in an effort to sell crypto mining devices tied to the so-called Helium network.
January 21, 2025
Technology company Nova Labs Inc. faces U.S. Securities and Exchange Commission allegations that it attempted an "end-run" around federal securities laws with its unregistered sale of investment contracts in the form of its "hotspot" crypto asset mining devices.