SEC Charges Nova Labs Over Crypto Fraud and False Partnership Claims

SEC Charges Nova Labs Over Crypto Fraud and False Partnership Claims

Nova Labs has been charged by the U.S. Securities and Exchange Commission (SEC) with making false statements about business relationships and unregistered securities offerings in an attempt to entice investors. Unregistered Securities Offerings Allegations According to the SEC's complaint, Nova Labs has been using two flagship products to offer unregistered investment contracts since April 2019: Hotspots: Equipment made to mine the HNT, MO...

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