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

68. Helbiz team close Helbiz coin and announce HBZ swap to ETH for HBZ holders


May 04, 2020. Updates at hbzcoin.com

HBZ Coin Announcement

May 04, 2020. HBZ Coin would like to thank all of our supporters over the last few years. Unfortunately, despite successfully integrating in 3rd party platforms and pushing boundaries for Crypto, the interest for HBZ has failed to pick up, and usage has remained insignificant and unsustainable. We thank the team, past and current, for tirelessly pushing and we are sad to announce that reputational issues surrounding HBZ, paired with low usage, made several potential new partners back out from integrating, making it impossible to increase usage and reach. Therefore it is with a heavy heart this journey comes to an end inevitably leading to the decision to close the HBZ Coin. Following the company closure, HBZ will pursue the process of delisting from all its current crypto exchanges. Once fully delisted HBZ intends to structure an HBZ to ETH swap for remaining holders of HBZ by the end of May 2020, distributing the ETH raised from its ICO between current token holders before contract destruction. More information on the specifics of the Ethereum swap will follow in the following weeks. We thank you for your support over the years. For temporary information or delisting procedures please contact: [email protected]


Helbiz coin holders and community waiting for more details about buyback. We hope, the price will be fair, such as from ICO price has fallen down from 0.15$ to 0.0001$. Maybe Helbiz team think that if they swap 700 ETH to 1billion HBZ it will be fair, but we don't think so.

As soon as, Helbiz coin community will give back ETH for a fair price, this site will be closed.

We remind to you, that ICO was closed with 530 million HBZ circulating (now it's close to 1 billion).