Wednesday - February 5, 2025
SEC Charges Nova Labs With Fraud and Registration Violations
January 18, 2025
WASHINGTON, Jan. 18 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-CV-00539; S.D.N.Y. filed Jan. 17, 2025) involving Nova Labs Inc.:

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On January 17, 2025, the Securities and Exchange Commission charged Nova Labs, Inc. ("Nova Labs") with allegedly conducting unregistered offerings of crypto assets as securities and defrauding investors.

According to the SEC's complaint, from April 2019 to the p . . .

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