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

Helbiz timeline

Here is a backlog about Helbiz project, Helbiz Pay and Helbiz coin (HBZ after rebranding) that is used in Helbiz products.
From the Helbiz ICO, February 2018, - till today, when Helbiz project try to do IPO

2018, Q1:

1. February 15: Helbiz started ICO post , helbizcoin.io archived , etherscan , CranchBase archived , #HelbizCoin in Twitter , #HelbizIco on YouTube , *original site was deleted

2. March, 5: Helbiz had first #Workshop in New York

3. AmaziX stopped working with Helbiz because Helbiz isn’t transparent screen, *original deleted by lawyers request

4. March, 1: Lorenzo Pellegrino joined Helbiz as an advisor archive, *original post deleted at Medium

5. Helbiz partnerhip with Skrill

6. March, 6: Alessandro Del Piero in Helbiz car promotion

7. Strategic session video about crypto-listings for Helbiz with Salvatore Palella and Lorenzo Pellegrino

8. Where was introduced Helbiz Pay and Helbiz coin video , post

9. *This video deleted by Helbiz Inc. request from YouTube post , archived link

10. Forbes Italy Director Marco Barlassina ask Salvatore Palella about the ICO video ,

11. Salvatore Palella explanation, that he "put his name, reputation, connection" screen ,

2018, Q2:

12. May, 10: Helbiz partnership with Jaxx post ,
Palella tweet screen , *original tweet deleted at Twitter

13. Helbiz listing on Mercatox, Bitlish and other exchanges

14. May, 18: Helbiz listing at EXMO Exmo source , screen , *original tweet deleted at Twitter

15. May, 19: Helbiz lawyers take-down first website. In 2018 Helbiz project had complaints already screen1 , *original tweet deleted at Twitter

16. May, 25: Helbiz listing on HitBtc Goolge ,screen ,

17. May, 26: Lorenzo Pellegrino visited EXMO crypto-exchange in Kyiv
screen1 ,

18. Palella tweets about Helbiz coin
screen1 , *original tweet deleted at Twitter
screen2 ,*original tweet deleted at Twitter
screen3 ,*original tweet deleted at Twitter
screen4 , *original tweet deleted at Twitter
screen5 , *original tweet deleted at Twitter
screen5 , *original tweet deleted at Twitter

19. Helbiz team announced buyback for $ 1m
source1 - Reddit ,
source2 - Bitcointalk ,
Palella's tweet screen , *original tweet deleted at Twitter
HelbizOfficial tweet screen , *original post deleted at Twitter

20. It looks like that was lie to pump price, but price wasn't raise that time CoinMarketCap ,

2018, Q3:

21. July, 13: Helbiz announced MTL and BitLicense getting process post , source ,

22. July, 13: official Ask Me Anything (AMA) on Telegram directly with Salvatore Palella screen1 , bitcointalk ,

23. July, 30: Helbiz partnership with EXMO post , source

24. August: Helbiz team trip to Alibaba post

25. September 3: Helbiz Monday Update: Helbiz Go announce, Helbiz Pay road map and Cryptocurrency integration announce PDF archive , *original posts deleted from Medium

26. Helbiz HQ launch

27. Helbiz partnership with Ehang

28. Helbiz announced Air Taxi

29. Helbiz team sold more than 300m tokens on EXMO, explained as "partnership payments" and dumped price from 0,15$ to 0,0003. As we guess whis money was paid to developers in Serbia, to create first Helbiz app.
screen1 , screen2 , screen3 , etherscan , CoinMarketCap

2018, Q4:

30. October: Helbiz Go launch post , tweet

31. Helbiz hiring people
hiring post ,
team post
HelbizOfficial tweet , *original tweet deleted at Twitter

32. Helbiz partnership with Antigua and Barbuda

33. Helbiz marketing Sturio Aperto, TG 4, Youtube bloggers, Mass Media

34. October, 29: Helbiz announced swap program for Babylonia. As we guess, Babylonia was created by Helbiz team screen , screen 2 , video , *original posts deleted

35. December, 11: Babylonia get 87m Helbiz coin and send to Helbiz main wallet screen , etherscan , *original posts deleted

36. As result "Babylonia" deleted site, Twitter and Facebook pages Twitter , Facebook , site , *original posts deleted