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
29.03.21

Ortoli Rosenstadt LLP involvement in Helbiz fraud

Ortoli Rosenstadt LLP is one of Helbiz creditors..

Ortoli Rosenstadt LLP, announces closing a $15 million debt financing deal with multiple European based hedge funds for its client Helbiz, Inc.

Ortoli Rosenstadt LLP, a New York based full-service international law firm, announces closing a $15 million debt financing deal with multiple European based hedge funds for its client Helbiz, Inc. This financing gives Helbiz the necessary funds to continue its business expansion plans while preparing to close its merger with GreenVision Acquisition Corp., a special purpose acquisition company ("Merger").

Announced by GreenVision on February 8, 2021, the Merger will make the combined business the first public micro-mobility company. Helbiz currently operates in more than 30 cities in Europe and North America.

Source

What does it mean and how Ortoli Rosenstadt LLP 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, Ortoli Rosenstadt LLP made the deal with Helbiz and helps Helbiz to do an IPO with $15m credit:

1. It looks like Ortoli Rosenstadt LLP has close ties with Helbiz, to credit it, after so unclear capital background
2. It looks like Ortoli Rosenstadt LLP supports Helbiz to do an IPO, knowing that Helbiz already had ICO
3. It looks like Ortoli Rosenstadt LLP supports Helbiz to do an IPO, knowing that Helbiz had deceived and ignored Helbiz coin holders
4. It looks like Ortoli Rosenstadt LLP has done a weak due diligence

How is it possible?
Probably, Ortoli Rosenstadt LLP helps Helbiz to pump IPO buble and sold HLBZ stocks in open market..


So, make you conclusions!