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
13.03.20

Forbes Italy involvement in Helbiz fraud

Forbes Italy from 2018, after ICO, promotes Helbiz.

First, in 2018, Marco Barlassina from Forbes Italy interviewed Salvatore Palella, CEO of Helbiz, and meant ICO.

Second, in September 2018, Forbes magazine had article about Helbiz, and contais the next text "Ambiti, quelli della blockchain e delle criptovalute, dove il vulcanico Palella opera da diversi anni. Helbiz è una piattaforma di car sharing peer-to-peer grazie alla quale un privato può afttare la propria auto quando inutilizzata (anche solo per qualche ora) e ricevere in contropartita un pagamento in un una criptovaluta creata appositamente, l’HelbizCoin."

In particolare la piattaforma di Helbiz è basata sulla blockchain Ethereum ed è alimentata dagli HelbizCoin, che non sono solo lo strumento di pagamento tra privati (si possono usare anche valute tradizionali o altre criptovalute, che verranno convertite in HelbizCoin al momento della transazione), ma anche il mezzo di fnanziamento delle attività di Helbiz.

It looks like Helbiz has paid Forbes Italia to promote it through Forbes magazine articles during next years.

So, finally, in January 2021, Forbes created the attachment to Forbes magazine with "Full story of Helbiz"! That actually is an attempt to hide Helbiz connections with ICO, crypto-currency Helbiz coin, and a lawsuit in New York before the IPO.

We clearly see that Forbes Italy is willing to write anything you want if you pay money, and may help any company deceive any people.
In 2 years difference: Forbes wrote about ICO, and now writes about "Silicon Valley project". It the same - it's bout Helbiz.

Finally:

All of this is real because Helbiz use Helbiz Inc. legal entity for IPO, and at the same time money, that were spend to built Helbiz, were raised by ICO to other legal entity. It looks like, Helbiz faked some documents to had done due diligence.

What does it mean and how Forbes Italy involved in this?

Helbiz deceived all Helbiz coin holders, had cut off all conection with ICO. Helbiz build the project for money from tokensale and going to IPO. The Helbiz coin holders lost their money and suited Helbiz.

Nevertheless, Forbes Italy still supports Helbiz and promotes it for investors:

1. It looks like Forbes Italy gets money from Helbiz

2. It looks like Forbes Italy has close ties with Helbiz, to know about ICO and still helps Helbiz to hide it

3. It looks like Forbes Italy promotes Helbiz to do an IPO, knowing that Helbiz already had ICO and has been suited

4. It looks like Forbes Italy promotes Helbiz to do an IPO, knowing that Helbiz had deceived and ignored Helbiz coin holders

How is it possible?

So, make your conclusions!