HELIUM ISSUER NOVA LABS AGREES TO PAY SEC $200K TO SETTLE ALLEGATIONS IT LIED TO INVESTORS
https://s.yimg.com/ny/api/res/1.2/x.0DgmmQlONB6i8HOEwmDg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/coindesk_75/88d1f564addaf5786ac57329855e888b
✍️ Nova Labs, the parent company behind the Helium blockchain, has agreed to pay the US Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges.
👉 Nova Labs agreed to pay the SEC $200,000 to settle civil securities fraud charges 👉 The SEC accused Nova Labs of misleading institutional investors during a funding round 👉 Nova Labs was accused of lying to prospective investors about big-name enterprise customers 👉 The company exaggerated the nature of its relationships with these corporations
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