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[broke_tradah]

I kinda miss showing up TheQuack and making him look like a total clown using his own lies against him.  Figured I'd drop in to see how his little game was going after I raided the fucking SHIT out of it back in 2024.  Looks like he did exactly as was predicted,  ran with his tail between his legs like a pussy.  LMFAO.  BTW, thanks for all the BTC guys,  it was generous of you  It's to bad, we could have got along so much better if you weren't sucha DICK to everyone else and you'd still be in business.  But no, you had to try to continue the lies that I told you I wouldn't allow you to continue doing.  I guess TheQuack couldnt take a dose of his own medicine.

Guess I got the last laugh eh TheQuack

BTW,  how's that hotdog chick workin out?  You never did tell me if it actually worked or not hahaha  (inside joke only he'd know about,  just some pics I found on his PC while I was cruising through his files that were FUCKING hilarious)

[dwyane36]

By the way guys did you see this? https://ft.games/ Funtoken is controlled by Freebitco.in right? Do you think they also have control with this casino to? Although upon research it has different owner, but I have shady feeling about that site.

I wouldn't trust anything related to this token at this point, given that a partnership was established several years ago, leading to the integration of the FUN token into the freebitcoin website and eventually resulting in freebitcoin gaining control over the majority of the token's supply. Formally, there may be other owners, and perhaps they've even distanced themselves from freebitcoin by now, but personally, I don't really believe that.

[FinneysTrueVision]

By the way guys did you see this? https://ft.games/ Funtoken is controlled by Freebitco.in right? Do you think they also have control with this casino to? Although upon research it has different owner, but I have shady feeling about that site.

The site was being promoted on a banner that was on FreeBitco.in before they went offline. It is certainly the same people behind both of them. The site looks like a revamped version of FreeBitco.in. It even has a Wheel of Fortune section and blog articles that appear to be generated by some automated process.

This new site doesn’t have any terms and conditions and is probably operating without a license. Everything about it is extremely shady and nobody should ever deposit anything there.

[DrBeer]

By the way guys did you see this? https://ft.games/ Funtoken is controlled by Freebitco.in right? Do you think they also have control with this casino to? Although upon research it has different owner, but I have shady feeling about that site.

The site was being promoted on a banner that was on FreeBitco.in before they went offline. It is certainly the same people behind both of them. The site looks like a revamped version of FreeBitco.in. It even has a Wheel of Fortune section and blog articles that appear to be generated by some automated process.

This new site doesn’t have any terms and conditions and is probably operating without a license. Everything about it is extremely shady and nobody should ever deposit anything there.

I find it strange, in general, when people deposit their money on platforms that lack licenses, registration, and official certifications. Even if a license is listed on the website, I’m sure most people don’t verify it- they just "take it at face value". You can’t be so irresponsible with your money! It’s simply disrespectful to the hard work and time you spent earning that money!

[dwyane36]

I find it strange, in general, when people deposit their money on platforms that lack licenses, registration, and official certifications. Even if a license is listed on the website, I’m sure most people don’t verify it- they just "take it at face value". You can’t be so irresponsible with your money! It’s simply disrespectful to the hard work and time you spent earning that money!

Considering that a lot of people are investing in just about any shitcoins and meme tokens, which get wiped out in a rug pull within minutes of launch, it should come as no surprise that gamblers, too, are willing to spend money on just about anything and deposit their funds on any platform.
As for gambling platform licenses, I think if scammers put in the effort, they can create a fake page to verify the license so that a user who isn't paying close attention won't even notice the scam at first glance.

[Betwrong]

~ It's a pity that now negative info about freebitco.in is true.

I'm not sure we'll ever find out what happened or what caused the shift from a “legitimate site” to a scam, but... this is a common scenario! I wouldn't rule out the possibility that the site's owners, at some point, realized that the amount of money accumulated from users had reached a level worth risking everything for - even committing a crime.
I don’t think they would have taken the risk for $10, $100, $1,000, or even $10,000. But when you have, say, a couple hundred bitcoins in your account, or more, that’s when, I suppose, the site’s owners decided it was worth risking everything for that money.

But you wouldn't do it being on their place, you wouldn't scam other people, right, even if you accumulated a billion. And I wouldn't scam others too, even if I knew I could easily get away with it. And millions of others wouldn't become thieves because they know that money is not everything. It's a pity that creators of freebitco.in don't know this simple truth. That neither their parents, nor their friends taught them about it.

[DrBeer]

I find it strange, in general, when people deposit their money on platforms that lack licenses, registration, and official certifications. Even if a license is listed on the website, I’m sure most people don’t verify it- they just "take it at face value". You can’t be so irresponsible with your money! It’s simply disrespectful to the hard work and time you spent earning that money!

Considering that a lot of people are investing in just about any shitcoins and meme tokens, which get wiped out in a rug pull within minutes of launch, it should come as no surprise that gamblers, too, are willing to spend money on just about anything and deposit their funds on any platform.
As for gambling platform licenses, I think if scammers put in the effort, they can create a fake page to verify the license so that a user who isn't paying close attention won't even notice the scam at first glance.

There's no doubt that scammers will always look for ways to get around checks or find ways to deceive users who aren't paying attention. That's what makes them scammers!
But we also give them the right to deceive us - we don't file complaints with the platforms, we don't demand verification or that they operate within the "white zone", and we ourselves send money to blatantly dubious sites "because there's no KYC there".

[uneng]

There's no doubt that scammers will always look for ways to get around checks or find ways to deceive users who aren't paying attention. That's what makes them scammers!
But we also give them the right to deceive us - we don't file complaints with the platforms, we don't demand verification or that they operate within the "white zone", and we ourselves send money to blatantly dubious sites "because there's no KYC there".

We trusted their reputation built along more than 10 years inside this industry and it truly seemed solid until the scam took place. Verification wouldn't protect us from them, though. FX was a fully regulated exchange, Celsius was a fully regulated platform and customers were still scammed in a much shorter time period than freebitco.in took to go rogue.

Unfortunatelly, that is still a risk investors take in this virtual borderless environment. There aren't guarantees, and after all it's frustrating to conclude even long lasting reputation means nothing.

[Hispo]

There's no doubt that scammers will always look for ways to get around checks or find ways to deceive users who aren't paying attention. That's what makes them scammers!
But we also give them the right to deceive us - we don't file complaints with the platforms, we don't demand verification or that they operate within the "white zone", and we ourselves send money to blatantly dubious sites "because there's no KYC there".

We trusted their reputation built along more than 10 years inside this industry and it truly seemed solid until the scam took place. Verification wouldn't protect us from them, though. FX was a fully regulated exchange, Celsius was a fully regulated platform and customers were still scammed in a much shorter time period than freebitco.in took to go rogue.

Unfortunatelly, that is still a risk investors take in this virtual borderless environment. There aren't guarantees, and after all it's frustrating to conclude even long lasting reputation means nothing.

Celsius and Freebitcoin have something in common though.
I recall Celsius was very popular because offered very juicy yields on people's stablecoins and Ethereum. Freebitcoin also ran by offering significant yield rates to their depositors.

It seems there is a pattern when it comes to centralized platforms which promise important percentages of yield in the form of passive income. They do not seem to be sustainable in the long term, they start to lose their liquity and have issues with withdrawals, which is exactly what happened to Freebitcoin...

[DrBeer]

There's no doubt that scammers will always look for ways to get around checks or find ways to deceive users who aren't paying attention. That's what makes them scammers!
But we also give them the right to deceive us - we don't file complaints with the platforms, we don't demand verification or that they operate within the "white zone", and we ourselves send money to blatantly dubious sites "because there's no KYC there".

We trusted their reputation built along more than 10 years inside this industry and it truly seemed solid until the scam took place. Verification wouldn't protect us from them, though. FX was a fully regulated exchange, Celsius was a fully regulated platform and customers were still scammed in a much shorter time period than freebitco.in took to go rogue.

Unfortunatelly, that is still a risk investors take in this virtual borderless environment. There aren't guarantees, and after all it's frustrating to conclude even long lasting reputation means nothing.

Building a reputation is a complex and lengthy process. Losing your reputation takes just one second!
So, I recommend always following this rule: wherever there's something critical for you to lose, always stay vigilant. And exchanges are a particularly tricky topic - ranging from deliberate scams to regulatory intervention or hacks. You've probably already heard of Binance, right?

[Catenaccio]

Building a reputation is a complex and lengthy process. Losing your reputation takes just one second!
So, I recommend always following this rule: wherever there's something critical for you to lose, always stay vigilant. And exchanges are a particularly tricky topic - ranging from deliberate scams to regulatory intervention or hacks. You've probably already heard of Binance, right?

One second sounds like too much but I agree with you in general meaning that reputation of a person, a company can be damaged entirely very easily and quickly.

With Freebitco.in casino, its reputation was gradually damaged before they completely turned to scam exit. There were accusations about their provably fairness, then some delays in payments of signature campaigns before things went more severe with delayed withdrawals. Hot wallet top up was not done properly, delayed withdrawals, long awaiting time for support, then many months later, there was a final pull of a scam exit.

Problem with Freebitco.in Provably Fair Engine.

[STT]

All thats there is to be learnt is being scrappy operating like they were is a warning sign to impending failure quite possibly.  Its not much of a lesson but better then saying no signs of an issue was given beforehand which would be forgetful at best and ignorant if we're being honest

[Hispo]

All thats there is to be learnt is being scrappy operating like they were is a warning sign to impending failure quite possibly.  Its not much of a lesson but better then saying signs of an issue was given beforehand which would be forgetful at best and ignorant if we're being honest

Even if there were signs and red flags in sight which could have alerted people of what would happen, still there were millions who decided to continue to keep their money on Freebitcoin because of the long trajectory this casino had within the ecosystem of Bitcoin. Basically, they thought Freebitcoin was simply too big to fail, and in the end they were wrong.

Though, I have encountered people here on the forum who have said they suspected something was clearly wrong, and decided to withdraw it all just on time before everything went south with this service. We should never assume a casino or exchange is simply "too big to fail".

[OcTradism]

Even if there were signs and red flags in sight which could have alerted people of what would happen, still there were millions who decided to continue to keep their money on Freebitcoin because of the long trajectory this casino had within the ecosystem of Bitcoin. Basically, they thought Freebitcoin was simply too big to fail, and in the end they were wrong.

There were many times Freebitco.in did not send emails to users, and did not proceed withdrawals for users but with hiccups of service operations, they were back, and withdrawals were proceeded. Perhaps these actions gave people belief like if anything looks to be wrong, it's only temporary and Freebitco.in will be back again like how many times it did before. In the end, there must be an ending and with Freebitco.in, its service ending means a scam exit.

Though, I have encountered people here on the forum who have said they suspected something was clearly wrong, and decided to withdraw it all just on time before everything went south with this service. We should never assume a casino or exchange is simply "too big to fail".

They actually had a lot of time and opportunities to withdraw all money from their accounts, and stop using this casino but as said they still had belief in the casino and had to pay their cost.

[FinneysTrueVision]

The Binance hackers have already dumped a lot of FUN and they continue trying to launder the stolen tokens by moving them to different addresses. Currently they have restarted the process of trying to sell on Uniswap. The only problem is that there isn’t enough liquidity to actually dump their remaining tokens. The largest liquidity pool on Uniswap, or on any DEX for that matter, only has $70k USDT in TVL and it continues to go down the more tokens they sell.

[BlackBoss_]

The Binance hackers have already dumped a lot of FUN and they continue trying to launder the stolen tokens by moving them to different addresses. Currently they have restarted the process of trying to sell on Uniswap. The only problem is that there isn’t enough liquidity to actually dump their remaining tokens. The largest liquidity pool on Uniswap, or on any DEX for that matter, only has $70k USDT in TVL and it continues to go down the more tokens they sell.

I don't check but with all these happened with Freebitco.in and FUN token recent years and latest months, FUN token can be almost useless for hackers. They have more coins and tokens with bigger values in their hack portfolio but this hack and consequent dump of FUN token from this hacker group can put an early ending for FUN token future.

Freebitco.in scam exited and this hack potentially plays as a final nail in the coffin of FUN token.

[DrBeer]

Building a reputation is a complex and lengthy process. Losing your reputation takes just one second!
So, I recommend always following this rule: wherever there's something critical for you to lose, always stay vigilant. And exchanges are a particularly tricky topic - ranging from deliberate scams to regulatory intervention or hacks. You've probably already heard of Binance, right?

One second sounds like too much but I agree with you in general meaning that reputation of a person, a company can be damaged entirely very easily and quickly.

With Freebitco.in casino, its reputation was gradually damaged before they completely turned to scam exit. There were accusations about their provably fairness, then some delays in payments of signature campaigns before things went more severe with delayed withdrawals. Hot wallet top up was not done properly, delayed withdrawals, long awaiting time for support, then many months later, there was a final pull of a scam exit.

Problem with Freebitco.in Provably Fair Engine.

Observing the situation, I wouldn't say that the reputation deteriorated gradually. Rather, the community didn't react correctly to what was happening right away, choosing instead to listen to the fairy tales told by representatives of Freebitco.in.
They simply decided to "scam" all their customers and began systematically , and quite skillfully , to "obfuscate the problem" so that people wouldn't immediately catch on to their true intentions. We remember how many "heartwarming stories" there were about recalculating balances, manual reconciliations, and promises to return everything.... Attention was diverted from the real problem, which gave the scammers time

[Haunebu]

The Binance hackers have already dumped a lot of FUN and they continue trying to launder the stolen tokens by moving them to different addresses. Currently they have restarted the process of trying to sell on Uniswap. The only problem is that there isn’t enough liquidity to actually dump their remaining tokens. The largest liquidity pool on Uniswap, or on any DEX for that matter, only has $70k USDT in TVL and it continues to go down the more tokens they sell.

This is a cat and mouse game where the FBI and other authorities are chasing these North Korean hackers across various websites and multiple cryptocurrencies are involved here. ETH is the primary one while FUN token is a small part of their stash.

It's kinda fitting in a way that a scammer group like this one ends up depending on a scam token like FUN to a small extent in this particular scenario.

[Don Pedro Dinero]

The Binance hackers have already dumped a lot of FUN and they continue trying to launder the stolen tokens by moving them to different addresses. Currently they have restarted the process of trying to sell on Uniswap. The only problem is that there isn’t enough liquidity to actually dump their remaining tokens. The largest liquidity pool on Uniswap, or on any DEX for that matter, only has $70k USDT in TVL and it continues to go down the more tokens they sell.

Indeed, I can see that a few days ago, coinciding with the Binance hack, there was an almost vertical drop in the price from 0.00876 to 0.0020. Since then, it’s more or less stayed at that level. That was just what was needed to finish off that rubbish token.

[Betwrong]

~
This is a cat and mouse game where the FBI and other authorities are chasing these North Korean hackers across various websites and multiple cryptocurrencies are involved here. ETH is the primary one while FUN token is a small part of their stash.

It's kinda fitting in a way that a scammer group like this one ends up depending on a scam token like FUN to a small extent in this particular scenario.

I'm surprised FUN token even mentioned. I remember when FreeBitco.in started selling FUNToken (FUN) on their platform, it was a first red flag for me. I didn't abandon the site right away, I was still keeping some funds  and playing on it for years after that, but I didn't like this FUNToken idea from the start. I'm glad I finally withdrew 95% of my money from there before it was too late.