Staking Team presented itself as a simplified cryptocurrency staking platform, allowing users to deposit cryptocurrencies like Bitcoin and Ethereum to earn fixed daily returns (e.g., 1% daily for 200 days). The business model also heavily relied on a multi-level marketing (MLM) structure, rewarding users for recruiting new members. The company has since ceased operations and has been flagged by numerous financial regulators globally as an unauthorized and likely fraudulent scheme.

Founded in

Italy