Court Rules in Favor of HelbizCoin Investors as Class Action Lawsuit Moves Forward

A federal court in the United States has permitted a class-action lawsuit against the creators of HelbizCoin to proceed, continuing a legal battle that has been ongoing for nearly three years.

The lawsuit was initially filed in 2020 against Helbiz, its CEO Salvatore Palella, and associated partners, with a revised complaint submitted in March 2022.