Freewallet has again been accused of stealing a huge amount from a user’s wallet. This time we are talking about an amount of about 70,000 USDT. But, although the high-profile story happened recently, it is worth noting that this is not the first or even the most egregious case of theft of assets from a wallet.
Freewallet is an application designed to steal assets.
A few years ago, the first victims spoke publicly about how the administration fraudulently took away their savings. As soon as a user receives a large transaction, Freewallet freezes the account. When asked about the reason, the client is usually told that it is all due to suspicious activity. To prove that the wallet really belongs to the owner, the user is asked to undergo verification.
In general, the main advantage of crypto wallets over bank accounts and payment systems is anonymity. But the very fact of the need for verification for Freewallet clients could still be explained by concern for their security.
It’s impossible to pass the Freewallet KYC procedure!
Support requires application clients to provide a photo or scan of documents (for example, ID). But as soon as the user sends the file, the administration suddenly changes the requirements. Clients are beginning to be required to take photographs and selfies against the background of documents, inscriptions on pieces of paper, bank account statements, and documents confirming residence at the specified address.
If the user also provides them, support begins to find fault with the quality of photographs and scans. If this does not stop the victim, the support begins to ignore the messages… or demands that they go through verification again.
Victims end up losing their assets!
Frewallet is still scamming users
Although the first accusations against this application appeared back in 2017, many people still use this wallet to store and send tokens and coins. Thus, new victims appear every day. The other day a client named Elena contacted us. She was supposed to receive 68,000 USDT. But immediately after the transaction was completed, Freewallet blocked the wallet. No documents provided helped to return the stolen money. It is obvious that the administration did not initially plan to unfreeze the assets.
We need to stop the Freewallet scam!
Fraudsters are afraid of only one thing: criminal liability for theft of assets and deception of clients. We demand that the NFIB, FBI and other law enforcement agencies investigate the actions of Gunyashov and his accomplices. We call on every person affected by the actions of Freewallet, and everyone who does not want to give money to scammers:
· Sign the petition demanding an investigation.
· Write a complaint to the AppStore moderators calling for the Freewallet app to be removed.
· Repost this text on your page to warn other users about the threat!
If your money is already in the hands of the Freewallet administration, don’t waste time! Send a request to the police at your residential address. We will definitely help make your case public. Don’t give up, because sooner or later Freewallet scammers will be punished for their crimes!
When it comes to crypto currency, a wallet that helps to load and use such currency is also required.
This is a software application that helps to store private as well as public keys and can interact with different Blockchain technologies which enable users to send or receive different kinds of digital currency as well as be able to monitor the balance they have.
For those who use Bitcoin or other forms of crypto-currency will need a digital wallet alongside as well.How crypto currency wallets work?Though crypto currency wallets are varied and many people use them, many are unsure of how these wallets work.
In such wallets currency is not stored or to be found to lie around.
A person can send another Bitcoins or other forms of digital currency and that is akin to signing of ownership of part of the coins from one’s wallet which is akin to an address.
The coins that are sent across or the funds that are unlocked can be spent only when the private key in one’s wallet matches the public address of the currency that has been transferred.The transactions that happen are merely records of transactions that are maintained on the Blockchains and reflect on the balance of one’s wallet for crypto currency.Different kinds of crypto currency walletsThere are different kinds of crypto currency wallets out there that have the following features:OnlineThis category of wallet usually runs on cloud and can be accessed by any computing device.
