Bitcoin Forum

Hello all, just wanna warn you about Freewallet.org
I have been a bit stupid to use it without looking through this forum beforehands  :( The site sleeps your caution by professional design and Google play/Apple apps. What they do is just block your crypto after trying to withdraw any funds. When you deposit it all looks OK. I got account suspension after the very first transaction for withdrawing funds to ETH wallet (about $100 value). The system supposed it "suspicious" and they don't wanna give me any cent back without proper "identification". They even draw up their TOS that they have right to suspend your account at any time (and this time comes after first withdrawal!).

A custodial wallet is not recommendable. The company that provide the wallet has the keys, and the coins are not yours on blockchain. Which means they have control over your money and you have not full control, they have the full control over your own coins.

Freewallet is not a reputable wallet since many years ago till now.

Freewallet.org SCAM accusations - a compilation (https://bitcointalk.org/index.php?topic=5249178.0)

The compilation was in 2020, see 2021 and 2022 freewallet scam accusations too

FREEWALLET.ORG - Scam Alert (https://bitcointalk.org/index.php?topic=5328489.0)
[SCAM ALERT] FREEWALLET.ORG SCAM 6k (https://bitcointalk.org/index.php?topic=5410403.0)

Advice
Avoid using custodial wallet generally. To have full control over your own coin, use noncustodial wallet.

I dont understand why do people still use freewallet ? Hoping it's not because of the word free in their name. Anyway, they're known scammers. OP you should have done a simple google search before using it.

Because they don't know what they are dealing. They have no idea what is the difference between a custodial and non-custodial wallet. Some of them even don't know how to store  their private key safe. I saw them to save their private key on Google drive. A small group of people are only aware about securing their cryptocurrency.

If your wallet has this in its TOS this is a big warning, this is not a casino where they implement their own rules I agree that custodial is a high-risk wallet that you should only use when you have a big trust in who's running the custodial wallet, investors should first understand the wallet they are using and get familiar with all their features and history, Cryptocurrency is all about we being our own bank and not trusting our coins to those who can access it.

This site has scammed also... Elon Musk! Find below a full description of the issue.
https://www.coindesk.com/markets/2021/02/10/elon-musk-bites-back-at-freewallet-after-dogecoin-tweet/
At the end he receive back his coins, but it's incredible how they tried to fool even one of the richest and most famous men on a planetary level! They received also a bad promotion in several social networks.

I believe that many "falls" into their trap also because there is an "open source" version (not managed by them) that allows you to directly manage the private/seed keys .... freewallet.io

You don't have to be here, you just need to do some research before you deal with any project and with that, you can easily know if its safe or not.

That freewallet scammed many people already, I don't know why many still fall on that trap but something is really convincing with that site, so better to be more careful next time, do some research first and you can easily do this with google, you can see a lot of information there, this is a lesson for you.

Well thank you for the warning but an old member here in the forum knows that this custodial wallet is a scam. ^{[freewallet.org]}
Never be fooled next time by the name ^{[free wallet]} because that is a scam.
Just research the name of the wallet here in this section and you will find out a lot of threads created against them --also their forum representative has a lot of negative tags and red flags as well. ^{[ https://bitcointalk.org/index.php?action=profile;u=1177176 ]}

This is their modus operandi and it has been going on for years, and in the end it all boils down to how persistent the client is to get their funds back. I don't know how much that $100 means to you, but if you can survive without it, don't risk your documents and probably several months of delays that you can expect from them.

I know of many cases where much larger amounts were involved and where everything ended up positive in the end, but as I already wrote, the question is how much someone actually values their privacy and the time that needs to be invested to convince them that you are not a suspicious person.

You don't have to be here to check if Freewallet.org has scam reports you just carry in your heart that if you don't own the key you don't own your coins, this is a hard lesson to accept, there are many pitfalls and traps when you are responsible to your coins and part of that responsibility is to be educated on how custodial and noncustodial wallet works, yours is a good history to share on why people should not trust custodial wallet, you're basically given them a chance to own your coins.

The same way the rush to use coinbase.com, blockchain wallet and custodial services like banks. Most people don't want responsibility. They want another company or service to be responsible for their money and log in details so that when they forget the passwords, they just press Forgot password

But I prefer to use these wallets as you have said above rather than this Freewallet.org which is very well known that are selectively scamming its users.
The problem with these custodial wallets is that very sensitive to the KYC which become a problem in the future and also, very poor when it comes to their customer support.

Another scam accusation thread of freewallet.org.

You didn't hesitate to deposit your money even though you know this?

Blockchain wallet is not a custodial wallet, there is no option to recover your account or wallet back with forgot password. But the wallet (blockchain.com) is highly not recommendable because users are lured to provide KYC, it is a web wallet and it encourages cloud seed phrase backup.

My bad, yes  :( Will never use custodial wallets ever again!
What do you think is the best non-custodial wallet on the web?
For ETH is Metamask good enough?

Yes it's good enough, I used it for years without any problems. There is also a Myetherwallet that allows it to be connected to a hardware wallet. Both are open source code.
Fyi, non-custodial wallets have different management and asset responsibilities in your hands.

Note that web wallets can be vulnerable to hack attacks.


Metamask is a non-custodial wallet and gives you full access to your private keys. It's also open-source.
The problem with metamask is that it's an online wallet and it's not recommended to use an online wallet. If you want more security, you can go for a hardware wallet.

 $27,000 btc locked on Freewallet
Freewallet has refused to release my money for one month and 5 days now ,this was there message :   Our security system has detected suspicious activity on your account.
I have been cooperating with them because i needed this Funds to clear my shipment from the port.
I gave them my passport,a picture  of me,proof of address ,my bank statement,but they kept asking for more details just to make my leave the Funds,i did not relent .
They asked for the details of the sender of the coin ,i gave them the senders name,passport they proceed to ask for purchase screenshot which i provided to them,they asked for bank statement where the purchase appears i gave them and many more.
After waiting for few days they are asked me to provide a contract agreement between me and the sender showing the type business and the transaction details,a certified contract with signed by both parties i provided this yet they are not certified.
After few days they asked for more information ,i gave them my company registration certificate.
Uptill now my Funds are still locked ,i am dying slowly i need help ...i need help...this is crazy

Let me tell you right at the beginning that every crypto exchange would block your account if you deposited such an amount without first verifying it. The only difference is that most CEX would probably solve it much sooner than these scammers you are currently dealing with, but I can also tell you that you must not give up because you will never get that money back.

If you have the money to hire a lawyer who would send a warning e-mail on your behalf with the threat of a lawsuit, maybe that would speed up the whole process. Otherwise, you can expect to receive your money tomorrow or wait a few more months.

Of cource, because it's CEX. It's normal when exchange or some other service has strict KYC measures because they need it to have opportunity to attach fiat payments. But a WALLET must be anonymous or close to it, because it's a CRYPTO WALLET. Of course freewallet scammers may answer that "you could see it in our terms of service, it's your fault that you dodn't pay attention".

But still it's closer to a fraud, but just a little bit "legal fraud"

To the attention of the topikstarter and other visitors!

Our Freewallet Scam (https://realreviews.info/) team provides free legal and informational assistance to all victims of these scams. We will help to draw up an official written statement to the competent authorities, we will provide information support, we will do everything to make your case public (if you want it)

OUR CONTACTS.
Email: freewallet-report@tutanota.com

Telegram: https://t.me/+G8MpF2Y_tK81ZGRk

Short explanation why Freewallet is not safe and not good: https://freewalletreviews.org/is-freewallet-good/ (https://freewalletreviews.org/is-freewallet-good/)

We hope that each visitor will notice this and won't sell any coins to those scammers!

These wallets were never good, they are online to scam crypto users. All the complaints against Freewallet in this forum are enough for crypto users to stay away from this wallet to keep their funds safe. But it's very disappointing that crypto users don't try to be aware of these allegations and thus get cheated by these scammers. If you check Freewallet's forum account you can see how bad their reputation is, their profiles have been tagged by DT members a long time ago.

When people create/registrate crypto wallets they usually not look to forums BEFORE some issues happen to them. But more often users check reviews in google for example. That's why it's really important to make repost of scam accusations - that's how the possibility that user will find bad reviews is higher.

That's the big problem, they don't give much importance to the most important thing like the wallet, they don't even have an idea that a bad wallet can take away everything they have. But when they get scammed by depositing funds in bad wallets, they complain about those wallets, but if they had done a little minimum research before using that wallet, they wouldn't have been in all these situations. Hopefully crypto users will continue to be smart in the days to come and prioritize the safety of their funds.

Newbies often try to find services that are easy to start with (custodial ones take less time) and seem to be the cheapest. For example in google query about Freewallet fees (https://realreviews.info/freewallet-fees-seem-small-but-not-worth-it/) gets more clicks every month then query like "Is freewallet legit". I tried to explain it on the website, But I can't because all people I know take care about safety more then about some extra profit. And I don't have other ideas how to stop this scam attempts.

Dmitry Gunyashov, Vasilii Mesheryakov, Alvin Hagg, Natalya Ogneva...
Do you know this names?
We have some interesting info, proving that this persons may be a real Freewallet org owners (https://freewalletreviews.org/who-is-behind-the-biggest-cryptocurrency-scams-of-2023/).

Check the materials of our investigation to know who exactly steals your assets.

[img=https://ibb.co/4NVDkLN][/img]

Found new scam accusation. In this complaint the victim tells that Freewallet scammers not just blocked account al always but also transfered coins to other adress. Which means that they already new that won't allow a person to withdraw funds!

is it possible to pass KYC here? I need to withdraw BTC, but I can't. Support didn't answer since Friday!

freewallet-report@tutanota.com
contact us and well help to make an official complaint if Freewallet administration doen't want to let you withdraw coins.
But we also can't guarantee that it will help to get your money back