The Helbiz team had ICO in 2018.
Helbiz coin holders lost their money.
Now Helbiz is going to IPO on NASDAQ.
Helbiz coin holders filed a class-action case against Helbiz Inc., Salvatore Palella and others.
Case filed in New York Southern District Court on June 19, 2020
The Helbiz coin is a security - court desicion: on January 22, 2021

Long story short:

1. Helbiz project had ICO in 2018 with Singapore based company HELBIZ MOBILITY SYSTEM PTE. LTD.

2. Helbiz team got money from tokensale to develop Helbiz

3. Then they renamed cryptocurrency, company, and close it without explanations

4. Helbiz going to IPO with US based company Helbiz Inc.

5. Helbiz team is making it look that ICO was for "HBZ product" and it's "their partner"

6. Hiding bihind Helbz Inc. they have been audited by Deloite and Ernst&Young

7. ICO investors and Helbiz coin holders have losses more than -94%

8. Helbiz team hired lawyers to attack this webpage and crypto-investors

9. At the same time Helbiz Inc. has taken down the video with Helbiz coin as their "internal company meeting" on YouTube

Probably, the Helbiz team wants to hide Helbiz connection with ICO from SEC and IPO investors

10. Helbiz team closed Helbiz coin and announced HBZ swap to ETH for HBZ holders

12. Helbiz Coin holders and investors filed a class-action case against Helbiz Inc., Salvatore Palella, Skrill, Neteller and others, in New York Southern District Court

13. The judge ordered preserve smart contract during the pendency

14. Currently, Helbiz raises money from investors, building partnerships, and still hasn't filed an S-1 form for IPO

15. The Helbiz coin is a security - court desicion on January 22, 2021

15. Helbiz announced IPO via SPAC with GreenVision Corp. on February 8, 2021

16. Helbiz coin investors filed appeal case agains Helbiz Inc. on February 9, 2021

16. Helbiz closed PIPE with led investors Copernicus Wealth Management and Finbeauty SRL on March 10, 2021

Look the full history!
How it was:
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Companies related to this story:
Is this a SCAM? Helbiz team
Salvatore Palella
CEO and Founder
Giulio Profumo
Chief Financial Officer
Luca Santambrodgio
Country manager Italy
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