The Helbiz team had ICO in 2018.
Helbiz coin holders lost their money.
Now Helbiz is going to IPO.
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
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Manhattan Formula E Holdings Circuit

16.07.19
On July, 12, 2019 Helbiz announced participation at the 2019 New York City E-Prix racing event in Red Hook, Brooklyn for the season finale of the ABB FIA Formula E Championship.

Helbiz offered attendees the chance to ride their electric scooters.
We are excited to allow New Yorkers to test drive our electric scooters on the closed racetrack of this exhilarating event that is dedicated to promoting eco-friendly transportation solutions.

This will be the first time that Helbiz e-scooters will be on the ground in America, ahead of launching our first market here, and on the heels of our tremendous momentum across Europe. We are proud to be an American company and also Italy's dominant market leader.

We are working hard to solve the first- and last-mile transportation challenges of high-traffic urban areas.

Salvatore Palella
CEO and founder of Helbiz
So, Helbiz is ready for launch in New York. Hope, HBZ coin will be used in New York area. As we remember, Helbiz started MTL and BitLicense processes in August 2018