Satowallet was launched as a decentralized cryptocurrency wallet and exchange application designed for mobile and desktop users. It supported a wide range of digital assets, allowing users to store, transact, and trade cryptocurrencies on its platform. However, in mid-2019, the company abruptly ceased operations. Users reported being unable to withdraw their funds, the application was removed from app stores, and the company's website and social media channels went offline, leading to widespread public reports of a multi-million dollar exit scam.

Founded in

United Arab Emirates