FreeWallet.org Scam - Millions stolen

[BitcoinsGreat]

Think about it, online Bitcoin wallets is the only group of sites that do not give you the access code to your account(private key).  Imagine that form another currency site and see where they would end up.

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[Qunenin]

Major scam was started by freewallet.org

Over 7 million stolen from users

Beware.. do not use it for anything



This is the scammers wallets: https://etherscan.io/address/0x11b85b4e2fadaebe04a251377aa35b9be3c785f0

This one is an online wallet. They operate simmillar to an exchange, they don't give you your private keys. If you don't have your private keys you don't control your coins. You are rather trusting a 3rd party with you coins, in this case you trust freewallet.org, that's why it is advised to keep your coins on some clients or even hardware and paper wallets as you have the private key so that you can prove an ownership with your coins.


Just inform yourself what are wallets and which ones to use.

Relax im posting info here

Thanks for your advice though 

I have my nano s, too much money to leave in hands of anyone else except mine

It is funny really, with all the warnings about cold storage on online wallets and there are still people that are amazed and taken, apparently 7 million dollars worth, although the media plays games.

But, you are supposed to have no more than 8% of your total crypto holdings on an online wallet, so that means that the $7,000,000 is nothing, because those same people, following the advice of those that know, have just under $70,000,000 in their software wallet and should be fine, not even cracking a smile and caring that the site stole from them because they have it made it the shade.

[Freewallet]

Major scam was started by freewallet.org

Over 7 million stolen from users

Beware.. do not use it for anything

This is the scammers wallets: https://etherscan.io/address/0x11b85b4e2fadaebe04a251377aa35b9be3c785f0

So, how much exactly was "stolen"? And from whom? If you read the original thread on Reddit, you'll see that there's not a single person who actually lost money with Freewallet! The reason our users got worried is because they checked their wallet balances on the blockchain explorer and found out the funds aren't there. However, the address displayed in the app is a so-called "hot wallet" used for receiving transactions. We consider keeping the funds there as well as storing private keys locally a risk because if the access to your device is compromised, it would give a hacker an opportunity to steal your assets.

That is why after our user receives a transaction, the funds are moved to the cold storage. Whenever he/she needs to make a transaction, the funds are transferred from the cold storage as well. Their actual balance is displayed in the app; what people see on a blockchain explorer is most likely an intermediary transfer of funds in/out of the cold storage (and our users aren't charged with any fees for such transactions). That's exactly what it was: rebalancing between different cold storages. Not piping our users' funds to an outside source.

[seriously2]

Your stealing the coins i have in my wallet now...


Its a wallet with bo custom add coins... So if you use this wallet they just steal your custom tokens

[Freewallet]

Your stealing the coins i have in my wallet now...


Its a wallet with bo custom add coins... So if you use this wallet they just steal your custom tokens

You sent tokens that aren't currently supported in the app to your Freewallet address. Your tokens aren't stolen, you can see them sitting right where you had them sent in the blockchain explorer. As soon as there's a technical possibility and the support of your tokens is added, you will be able to access them in our Token Wallet app.

We strongly recommend contacting our in-app support to make sure the tokens you're planning to send are supported in the app before making a transaction to avoid such situations in the future.