<ul><li>The US Securities and Exchange Commission (SEC) has dismissed its case against Nova Labs, stating that the project's tokens are not securities.</li><li>Nova Labs agreed to pay a $200,000 civil penalty to settle fraud claims without admitting fault.</li><li>The dismissal sets a precedent for Decentralized Physical Infrastructure Networks (DePIN) that use cryptocurrency incentives to create physical infrastructure.</li><li>The SEC has dropped charges against prominent cryptocurrency businesses during the Trump administration, including Coinbase, Binance, and Uniswap.</li></ul>

Crypto Relief: SEC Abandons Case Against Nova Labs—Details

Discover more