Freewallet org is not free!

[Wiwo]

but it's crazy Frewallet.org still exist when it have far more scam accusations. I wonder if government isn't after this wallet, due to "identity verification" as pretense to steal user coin.

Why were no legal investigations opened against them? I remember that someone posted a picture of the founder and CEO, yet I do not remember that legal charges were brought against them.

Such crimes have long procedures before arrest and at the same time, they picture could be in public domain but they could be hidding making they arrest hard to reach at immediate, but that just speculations anyways since there haven't be proven to be the real people behind freewallet developments, so alot need to be put in check before we make such statement as why those guys are still free and not arrested yet.

Significantly more than that is the possibility of comprising the crime by law enforcements agents, because such scam is a multi dollars scheme, which need alot of network and connection to pull this up.

[bayu7adi]

Why are some people even prefering to use a custodial wallet? Even if the wallet is good, I can never recommend custodial wallet to anyone. Wallet should be noncustodial and the wallet users should be able to have full control over their coins. What custodial wallet can not do. Also the wallet has many scam accusation.

I don't know, I also don't really agree with the use of custodial wallets as our main asset storage, it really doesn't provide a sense of security for our assets in larger portions....most likely the reason they still exist is because custodial wallets always have their own way to stay in existence... and also their marketing strategy is able to convince new users to entrust their money to the wallet service provider..

I am like you, I can't recommend custodial wallets for primary purposes, it doesn't provide a better sense of security when using it to store large amounts of assets.

[Faisal2202]

Yeah, I thought it will be downhill for them after they blocked Elon's transactions. He later criticized the app and warned his followers to avoid wallets that don't give users private keys.

Haha I did not know that Elon also used this app and his account was locked. Well if Elon a big influential person tweeted badly about this wallet then why is this wallet still being considered? BTW I never used this wallet before, I wouldn't prefer to hold my funds in a wallet which is not even give me private keys. I mean the rule is simple, Not your keys, not your funds.

I am sorry for the victims who lost that much money to this app, but they really needed to be investigated by authorities.

I guess the only way to put them out of business is to somehow present themselves as a coinjoin function and to deal with privacy. I believe that they would quickly be the target of the investigative authorities.

Haha I think this plan is 100% fail proof haha.

[NotATether]

There are a lot of scam accusations about Freewallet. The reputation of their account on the Bitcointalk forum speaks volumes https://bitcointalk.org/index.php?action=trust;u=1177176

Whatever happened to that Bitcointalk account that was releasing treasure troves of evidence and dumps against Freewallet among other companies?

Yeah, I thought it will be downhill for them after they blocked Elon's transactions. He later criticized the app and warned his followers to avoid wallets that don't give users private keys.

They know that Elon has the power to tank their wallet if he wanted to, since he has the entire crypto twitter at their knees. So the unblocking of his account was only a PR move to "save" their reputation and do damage control.