Freewallet has gained significant popularity as a convenient and user-friendly cryptocurrency wallet solution. However, amid its rise in popularity, numerous scam accusations have emerged on Reddit, raising concerns about the legitimacy and trustworthiness of the platform. In this article, we will delve into the dark side of Freewallet by examining the scam accusations posted on Reddit. By exploring the allegations, user experiences, and Freewallet’s response, we aim to provide a comprehensive analysis of the situation. This will prove you that Freewallet is a total scam and you should never store any coins via this app.

There are hundreds of scam accusations against Freewallet on Reddit

These scam accusations on Reddit have raised serious concerns about the credibility and trustworthiness of Freewallet. With hundreds of users claiming to have fallen victim to fraudulent activities, it is evident that there is a significant issue at hand. The allegations range from unauthorized transactions and blocked accounts to lost funds and poor customer support. Such a widespread negative reputation can have a detrimental impact on Freewallet’s user base and overall reputation in the cryptocurrency community.

I have ETH in freewallet and they are refusing to allow me to transfer it out from freewallet. Have provided everything to verify my identity and yet they are still refusing to release the funds. How I got ETH to my freewallet is from mining, and have shown proof for it. Yet they want me to show proof from the mining pool team that the coins is from them, does this even make sense?

This is how one victim tells his Freewallet scam Reddit accusation.

Freewallet administration actions may be called as KYC fraud

It is essential to understand that the term “KYC fraud” refers to fraudulent activities related to Know Your Customer (KYC) procedures. These procedures are implemented by financial institutions and businesses to verify the identity of their customers and prevent illegal activities such as money laundering and identity theft. However, it is important to note that the statement suggesting Freewallet administration actions may be called as KYC fraud is a serious allegation that should not be taken lightly. Freewallet uses KYC/AML rules to steal customers assets!

They will make you repeat all your answer 5 times minimum. The whole experience dealing with them is literally taking a toll on my mental health. I can’t sleep or rest. They are mentally torturing me with their robotic/irrelevant replies.

This is how users explain Freewallet Reddit scam accusations.

Conclusion

You should avoid using Freewallet.

While it is important to exercise caution when it comes to using digital wallets, it is particularly advisable to steer clear of Freewallet. There have been numerous reports and concerns raised by users regarding the security and reliability of this platform. Many users have experienced issues such as funds disappearing or being inaccessible, poor customer support, and questionable privacy practices. It is crucial to prioritize the safety of your digital assets, and opting for a more reputable and trusted wallet provider would be a wise decision. Protecting your hard-earned money should always be a top priority, so it is best to avoid using Freewallet and explore alternative options that offer a more secure and reliable experience.