SEC charges Nova Labs over crypto securities fraud and false partnership claims
The Securities and Exchange Commission has filed charges against Nova Labs for allegedly conducting unregistered securities offerings and making false statements about business partnerships to mislead investors. According to the SEC’s complaint, Nova Labs has been selling unregistered investment contracts since April 2019 through two main products: “Hotspots” — electronic devices that mine three different […]
SEC sues Nova Labs over alleged unregistered crypto securities offerings
The SEC’s filing against Nova Labs came just days before Gary Gensler, SEC chair and crypto critic, is set to step down from leading the agency. Source link
