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BARRON v. HELBIZ INC.

No. 20 Civ. 04703 (LLS).

RYAN BARRON, FILIPPO BULGARINI, GRANT ECHOLS, ANTHONY CALIXTE, DENIS DESARL, ILLIA CHEHERST, ANDREW SKZLAREK, MARAT GARIBYAN, RISHI KHANCHANDANI, DANIILS LEBEDEUS, DONG SEOK LEE, KAMIL JIWA, TAREK RAHMAN, FRANCISO PEREIRA, and ABHISHEK SIKARIA, for themselves and a class of others similarly situated, Plaintiffs, v. HELBIZ INC., SALVATORE PALELLA, ANTHONY DIIORIO, DECENTRAL INC., PAYSAFE LTD., LORENZO PELLEGRINO, SKRILL USA INC., ALPHABIT DIGITAL CURRENCY FUND, BINARY FINANCIAL, GIULIO PROFUMO, JONATHAN HANNESTAD, JUSTIN GIULIANO, SAEED ALDARMAKI, and unknown Defendants Defendants.

United States District Court, S.D. New York.

August 31, 2023.

OPINION & ORDER

Plaintiffs allege Defendants participated in a pump-and-dump scheme and deceived them into purchasing HelbizCoin cryptocurrency, offered in an initial coin offering ("ICO") and on the market, with false promises that HelbizCoin would be the exclusive payment method...

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