JollyGood
Legendary
 Offline
Activity: 3038
Merit: 1960
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October 20, 2024, 09:23:35 PM |
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I posted in their thread: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest after reading your post and found the link to this thread. You created this scam accusation in May 2024 and it remains unresolved, that in itself should send out a warning to anybody using the Freebitcoin website. What alarms about your situation is that other affiliates have suffered the same result therefore in all probability you are right when you stated in the OP it cannot be a case of you getting hacked. Freebitcoin are going through serious problems and as a result innocent parties are having to suffer financial losses. I sent a message this evening.
Besides that, still no response or anything... pretty wild way to treat such a huge affiliate. |
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FinneysTrueVision
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October 21, 2024, 04:07:05 AM |
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When the problems started to get out of hand, the FreeBitco.in PR account tried to give the impression that they would be hiring more people to provide support. Some issues have gotten fixed after many weeks but it is hard to get a direct response from them. They denied they had any security problems and the incidents where users from the wagering and referral contest lost funds got swept under the rug. They have never addressed it again despite their explanation lacking any credibility.
The WOF issues still persist, even though they claimed that the issue was escalated and they were conducting an investigation. 3 months to investigate a technical problem is unheard of with any casino. They would have to be the most incompetent programmers if they have not come up with a solution by now. Considering how poorly the site is currently being run, their competence does have to be questioned but I also believe that they are intentionally refusing to fix the WOF issue because it costs them more money than what they generate from having it. Similarly, they choose to ignore users who had funds stolen because it is not something that benefits them financially.
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JollyGood
Legendary
Offline
Activity: 3038
Merit: 1960
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October 21, 2024, 08:10:05 AM |
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Their competence has to be called in to question. The manner in which the website has been run is not the best (or shining) example of how businesses are best run. I think the impression they gave about staff when more and more problems began to be reported, simply was not true. There is something the owners/operators of the website are not sharing. When funds go missing and no real explanation has been provided, you know it is time to avoid using that website. From experience over my years in the forum and not being specific to Freebitcoin, if they are ignoring customers while operating the website without any care process, the days before an exit-scam takes place are usually not that far away. When the problems started to get out of hand, the FreeBitco.in PR account tried to give the impression that they would be hiring more people to provide support. Some issues have gotten fixed after many weeks but it is hard to get a direct response from them. They denied they had any security problems and the incidents where users from the wagering and referral contest lost funds got swept under the rug. They have never addressed it again despite their explanation lacking any credibility.
The WOF issues still persist, even though they claimed that the issue was escalated and they were conducting an investigation. 3 months to investigate a technical problem is unheard of with any casino. They would have to be the most incompetent programmers if they have not come up with a solution by now. Considering how poorly the site is currently being run, their competence does have to be questioned but I also believe that they are intentionally refusing to fix the WOF issue because it costs them more money than what they generate from having it. Similarly, they choose to ignore users who had funds stolen because it is not something that benefits them financially.
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FinneysTrueVision
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October 22, 2024, 06:53:03 AM |
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Their competence has to be called in to question. The manner in which the website has been run is not the best (or shining) example of how businesses are best run.
I think the impression they gave about staff when more and more problems began to be reported, simply was not true. There is something the owners/operators of the website are not sharing. When funds go missing and no real explanation has been provided, you know it is time to avoid using that website. From experience over my years in the forum and not being specific to Freebitcoin, if they are ignoring customers while operating the website without any care process, the days before an exit-scam takes place are usually not that far away.
In a way, they have already done a soft rug pull by misleading investors on the benefits and potential of their FUN token. An exit scam would just be the cherry on top. If they were a major exchange, they would have already been charged with security fraud. There have been exit scams on the forum before, but there are also websites like Bitvest that continue operating despite having major problems. It could go either way with FreeBitco.in. |
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JollyGood
Legendary
Offline
Activity: 3038
Merit: 1960
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October 22, 2024, 07:35:37 AM |
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It seems as though it is waiting to happen, I cannot see any other outcome for Freebitcoin except an exit scam. If they do not close down they might become a website associated with selective scamming but for how long? One option could be if there are enough reports to the domain registrar and/or the hosting company about the scam accusations, maybe they will take action and as a result it will cause disruption to them (or at least inconvenience until they migrate to another host if their domain is not blocked). In a way, they have already done a soft rug pull by misleading investors on the benefits and potential of their FUN token. An exit scam would just be the cherry on top.
If they were a major exchange, they would have already been charged with security fraud.
There have been exit scams on the forum before, but there are also websites like Bitvest that continue operating despite having major problems. It could go either way with FreeBitco.in. |
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ixi1234
Copper Member
Jr. Member
Offline
Activity: 68
Merit: 2
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November 26, 2024, 04:57:10 AM |
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My problem with stolen btc has also not been resolved since May of this year.
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Cacenn@outlook.com
Jr. Member
Offline
Activity: 36
Merit: 2
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November 28, 2024, 02:50:29 AM |
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I am busy with the Dutch court to declare FBC B.V. which holds Dplay, Fun and freebitco.in in Curacao Bankrupt.
They failed to pay the debt of €2000 and €19300 on time so I will demand all Btc back i have lost so far.
And I assume that all players at casinos who operate(d) in The Netherlands without a license will lose the court.
As they have stopped paying their bills, bankruptcy is the only solution left!
Apart from that no one has been compensated, no winner is selected for the car for nearly 50 days.
no WOF, and fun is shitty as hell.
time to cash out and walk away.
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BayAreaCoins (OP)
Legendary
Offline
Activity: 4298
Merit: 1325
AltQuick.com Secretary/PR/Janitor
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August 14, 2025, 06:03:07 AM |
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Now FreeBitco.in is not honoring instant withdrawals.
Our withdraw has been pending for like 2 weeks now... a whole .0003 BTC.
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nutildah
Legendary
Offline
Activity: 3486
Merit: 9995
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This could finally be the end... Its been a long, slow train wreck in progress. From what I can tell they are trying to organize one final pump for their FUN token to sell as much of it as possible before shutting everything down for good.
Its a shame. They processed thousands of BTC through their site over the course of their existence, which constitutes almost 12 years by this point. Back in the day (2015-2017 or so) it was a good way to onboard newbs to the idea of BTC, knowing they could get a little bit for free if they clicked enough buttons.
Now, however, they appear to be in max extract mode.
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BayAreaCoins (OP)
Legendary
Offline
Activity: 4298
Merit: 1325
AltQuick.com Secretary/PR/Janitor
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August 14, 2025, 07:14:31 AM |
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This could finally be the end... Its been a long, slow train wreck in progress. From what I can tell they are trying to organize one final pump for their FUN token to sell as much of it as possible before shutting everything down for good.
Its a shame. They processed thousands of BTC through their site over the course of their existence, which constitutes almost 12 years by this point. Back in the day (2015-2017 or so) it was a good way to onboard newbs to the idea of BTC, knowing they could get a little bit for free if they clicked enough buttons.
Now, however, they appear to be in max extract mode.
Which feels SO stupid to me. I would have bought their site if they wouldn't completely fuck their reputation up at the end... honestly, still would probably if the books aren't fucked up 6 ways from Sunday (which I bet they are). It's a bitch because we have almost 7000 registers there... easy come, easy go. They are really dragging it out to the end if they aren't honoring 0.0003 instant withdrawals. At one point, this website had a really solid-sized mining infrastructure as well, allegedly... their address was transparent as I recall. |
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JollyGood
Legendary
Offline
Activity: 3038
Merit: 1960
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August 14, 2025, 09:33:03 AM |
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I have been expecting their collapse since last year, it still has not happened. It seems as though they are returning to the earlier strategy of adding extra delays to withdrawals again. For quite some time, it appears to be the case they simply do not care about how their reputation is in tatters. The question still remains unanswered, how much longer can they continue in this manner before they eventually close? Every time the end seems near, they seem to continue using the same tactics. It is sad to see a once prominent project fallen to this level. This could finally be the end... Its been a long, slow train wreck in progress. From what I can tell they are trying to organize one final pump for their FUN token to sell as much of it as possible before shutting everything down for good.
Its a shame. They processed thousands of BTC through their site over the course of their existence, which constitutes almost 12 years by this point. Back in the day (2015-2017 or so) it was a good way to onboard newbs to the idea of BTC, knowing they could get a little bit for free if they clicked enough buttons.
Now, however, they appear to be in max extract mode. |
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UserU
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August 14, 2025, 12:36:28 PM |
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I have been expecting their collapse since last year, it still has not happened. It seems as though they are returning to the earlier strategy of adding extra delays to withdrawals again. For quite some time, it appears to be the case they simply do not care about how their reputation is in tatters.
The question still remains unanswered, how much longer can they continue in this manner before they eventually close? Every time the end seems near, they seem to continue using the same tactics. It is sad to see a once prominent project fallen to this level.
No one knows, but its reputation would go down in history as the longest-standing Bitcoin-only faucet to fall from grace. |
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