Freewallet is included in the list of the most popular cryptocurrency wallets. There are several reasons for this, one of which is the name, which is convenient for attracting customers from search queries. The second is an aggressive advertising campaign. But if you are interested in Freewallet reviews from real customers, you will see that this is a scam!
What is Freewallet
If you go to the main website of the project, Freewallet org, you can see a lot of advertising texts. They claim that this is a multifunctional, convenient and secure crypto wallet. Customers are also offered a built-in exchanger and the ability to send tokens and coins with minimal fees. But let’s look at real Freewallet reviews.
Even a quick search shows that there are a huge number of complaints about this service online. Most often, clients ask for help in unblocking an account: under the guise of verification, the administration freezes assets. In this case, support ignores customer requests or rejects documents. This process can be described as a Freewallet KYC scam.
As for the safety and security of the wallet, this issue is also questionable. We found a lot of reviews in which users complain about transactions deleted from the history. That is, Freewallet simply redirects coins to a third-party address and does it secretly from the client. You can only notice the catch by using a blockchain explorer.
Freewallet owners and companies legal status
Is Freewallet legit? We also found a clear answer to this question: no. According to data from various sources, the real Freewallet owner is a native of Russia, Dmitry Guniashov, who is also associated with the fraudulent service Cryptopay.
In addition, the wallet does not have an official owner. When you search for is Freewallet legit, you may see references to Wallet Services Limited. But in fact, this legal entity ceased to exist in 2022.
Freewallet scam accusations
But the main reason why we ask you not to use the services of this service is the numerous accusations of asset theft.
According to our data, more than 1000 clients have already lost their savings due to the Freewallet scam. On any independent forum or website you can find complaints from victims. Under the guise of KYC, the administration blocks wallets. And an investigation is already underway on this matter: we will seek to bring Freewallet owners to justice for stolen assets!
But the least you can do today is not to become another victim. Never use Freewallet. It’s a scam!
