Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»After dismissing a lawsuit against the team behind the wireless network in which the SEC is distributed, helium jumps
ALTCOIN NEWS

After dismissing a lawsuit against the team behind the wireless network in which the SEC is distributed, helium jumps

By Crypto FlexsApril 13, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
After dismissing a lawsuit against the team behind the wireless network in which the SEC is distributed, helium jumps
Share
Facebook Twitter LinkedIn Pinterest Email

After the US Securities and Exchange Commission (SEC) dismissed the lawsuit against the Protocol, the Solana (SOL) -based distributed wireless network encryption project is increasing rapidly.

In the new thread of social media platform X, the development team of HNT (Helium) argued that regulators withdrew their lawsuit against the encryption platform and violated the securities law.

According to the press release, helium developer Nova Labs agreed to pay SEC $ 200,000 to solve the accusation without recognizing cheating.

The news of dismissal was at $ 2.62 on April 10 to $ 3.03 in one day, causing HNT rally. Since then, it has been trading at $ 2.96, up 9.9% over the last 24 hours.

The SEC, which originally filed a lawsuit in January, accused the Nova lab distributed unregistered securities.

“The SEC has agreed to dismiss the claims that are not registered as a prejudice. The distribution of HNT, mobile and IoT through helium hotspot and helium networks is not securities. Also, the SEC cannot bring this fee for helium.”

In a recent blog post, Helium’s dismissal is a “groundbreaking result” of the digital asset industry and depth (distributed physical infrastructure) technology and talks about the actual infrastructure.

“The landmark results are a pivotal turning point of the helium community and the entire encryption industry, which eliminates the legal uncertainty of the DEPIN project to build a real infrastructure using encryption incentives.

As SEC’s claim for unregistered securities is dismissed, the result is that selling hardware and distributing tokens for network growth will not automatically make securities in SEC’s eyes. ”

This shows another lawsuit filed by SEC for Crypto Giants this year after President Donald Trump took office. Other disbanded examples include encryption exchange, Kraken and coinbase, retail trading giant Robin, and the UNBUNBIAL TOKEN (NFT) market OpenSea and Crypto wallet developer Metamask.

Follow us in X, Facebook and Telegram

Don’t miss the beat -Subscribe to the email notifications directly delivered to the received letter box.

Check the price measures

Sur surfing the HODL mix every day

& nbsp

Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.

Created image: Midjourney

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SOL remains fixed below $200 despite surge in ETF trading volume

October 30, 2025

ETF Land Rush: Solana’s filing speed outpaces XRP and matches BTC.

October 23, 2025

Crypto Market Rebound, L2 Surge and ZEC Shock: Daily Insights

October 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Aster’s Rocket Launch Surpasses $1B In Trading Volume, As Nubila Joins With Over 6 Million $NB In Rewards

October 31, 2025

SBF’s

October 31, 2025

Open Miner Cloud Mining Revolutionizes Cryptocurrency Mining, Generating Up To $32,000 In Daily Profits.

October 31, 2025

Analysts predict a 1,500% rally when PEPE price reaches $0.00012.

October 30, 2025

Unibase (UB), Humanity (H), And ConstructKoin (CTK) Are This Week’s Crypto Winners As Decentralized Infra Shines

October 30, 2025

Let AI Work For You — Empowering Everyone To Profit From The Intelligence Era

October 30, 2025

NOWPayments Launches $0 USDT (TRC20) Network Fee Offer For New Partners

October 30, 2025

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Aster’s Rocket Launch Surpasses $1B In Trading Volume, As Nubila Joins With Over 6 Million $NB In Rewards

October 31, 2025

SBF’s

October 31, 2025

Open Miner Cloud Mining Revolutionizes Cryptocurrency Mining, Generating Up To $32,000 In Daily Profits.

October 31, 2025
Most Popular

Kujira Team Builds New THORChain App Layer After Merger with ‘Rujira’

September 10, 2024

Grayscale, DCG oppose Genesis plan to liquidate $1.6 billion in trust shares.

February 12, 2024

Is GameStop Legend Roaring Kitty going to ignite a cryptocurrency bull market? Whales are stealing these 2 altcoins

June 10, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.