SEC sues Nova Labs over alleged unregistered crypto securities offerings

From Cointelegraph

January 19, 2025 12:36:13 am:

The SEC filed a lawsuit against Nova Labs shortly before Gary Gensler, a known crypto critic, announced his departure as SEC chair.
Gary Gensler, who has been critical of the crypto industry, is leaving his position as SEC chair.
The lawsuit against Nova Labs was filed by the SEC just before Gary Gensler, a vocal critic of crypto, announced his departure from the agency.

Read more at Cointelegraph: SEC sues Nova Labs over alleged unregistered crypto securities offerings