In 2016, a new application for storing cryptocurrencies appeared on the network — Freewallet. The official owner of the project is Estonian citizen Alvin Hagg, although there is evidence in open sources that Russian natives Dmitry Guniashov and Vasily Meshcherekov are actually behind the service.
From day one, a project called Freewallet became a scam. Under the guise of a KYC policy, the administration blocks wallets and deprives clients of the opportunity to withdraw savings. According to our data, the total amount of stolen assets has already exceeded $8,000,000. But the Freewallet application is still available in the AppStore! This situation allows scammers to find new victims to this day.
We ask AppStore administration to remove Freewallet scammers!
Freewallet owners:
Substitute transactions by sending coins to third-party addresses. Block wallets under the guise of verification (KYC). Ignore the requests of the victims, demands new documents and refuses any assistance.
This situation should be stopped.
We ask all user to send abuses to AppStore administration, asking them to remove Freewallet app.
Is Freewallet safe and legit? Every user should ask this question before installing the application. The creators of the wallet claim on their website that their service is reliable, convenient and safe. But real Freewallet reviews indicate that this application is a scam!
KYC fraud
This is the name of the method by which Freewallet owners steal customer savings. While the wallet is empty, or a small amount is stored on it, the user does not notice the problems. But as soon as he contributes a significant amount of assets, the administration will immediately freeze them.
Typically, the client is then notified of “suspicious activity.” Victims try to pass verification in order to withdraw assets. But the administration ignores the requests and rejects the documents. You can find dozens of Freewallet reviews in which users ask how to withdraw assets.
As you can see in the comment posted on Reddit, Freewallet scammers can steal even not large amounts of money, like $400. But regardless of the amount, the client faces the same problem — blocking the wallet under the guise of KYC.
Fake Freewallet reviews
Another problem that is worth mentioning: false Freewallet reviews, commissioned by the administration itself. On many sites, authors hired by wallet owners write colorful advertising texts. They call Freewallet a convenient, fast, secure application. This is not true, but such comments distract attention from complaints and accusations of fraud!
So if you want to know, is Freewallet safe and legit, never check the official website or pages of this app. Pay attention to these resources:
Reddit.
Medium.
Bitcointalk (one of the oldest crypto forums).
Bitcoinforum.
On all these sites, the majority of Freewallet reviews confirm the facts of fraud on the part of the administration.
Conclusion
Freewallet is not safe or legit. It’s a scam. If you see a positive Freewallet review, it’s probably written by apps employeer. Real customers mostly post scam accusations and complaints.
Freewallet is a fraudulent wallet designed to steal assets. As soon as the user receives coins, the administration blocks their withdrawal. We’ve seen dozens of reviews in which victims say their assets have been frozen. So is it possible to download Free wallet and not lose your coins?
We want to warn everyone. If you download Free wallet, you will save (seemingly) money on transactions. After all, scammers actively advertise their project, focusing on low fees. But in the end you will lose everything.
Freewallet is scam
One of the reasons why the Freewallet scam has so many victims is the apt name of this scam wallet. Beginners often do not know what applications there are for accepting and storing cryptocurrencies. They search for “download free wallet”. After this, the search engine often directs them to the Freewallet org website.
Look at this review. The owners of the project did not hesitate to steal even the money that a patient with cancer put aside for treatment. You can find hundreds of real complaints from victims. Therefore, if you want to download Free wallet, carefully review the reviews so as not to give your savings to scammers!
FAQ
I lost my money because I was using Freewallet wallet. What should I do now?
Send us your story and we’ll try to help you. Visit our contacts page to keep in touch with us.
What crypto wallet do you suggest to use?
It’s prefferable to look for some non-custodial ones. We aren’t planning to post any advertisments here. But never use Freewallet org. All Freewallet reviews prove that it’s a scam!
How might the petition help for the victims?
Our petition claims the National Fraud Intelligence Bureau to investigate information shown in crime report which was registered under the number NFRC230806087223. It is a first step to arrest real Freewallet owners and make them return money to their victims!
One of the large groups in the crypto community are traders. People who try to make a profit from the rise or fall in the price of a selected asset. Trading itself is quite risky. After all, no one knows what the rate of a token or coin will be in a week, month or year.
But in our case, the main problem is the fraudulent nature of the Freewallet wallet. The administration is only interested in one thing: for the client to send cryptocurrency to his address. After which the company will simply block the wallet and steal the savings.
To lure clients, scammers from Freewallet org regularly add cryptocurrency price forecasts for several years in advance to their blogs. In this way, they convince traders and investors to purchase digital assets. Of course, to your Freewallet wallet.
It’s important to remember that the administration doesn’t really care whether their forecast comes true. The main thing is that traders and investors make a deposit. And then the scammers will easily transfer the coins to personal wallets or simply block the victims’ access to their accounts!
Freewallet reviews
Fraudsters from this site have already robbed thousands of victims. Want to know how they do it? The answer is simple: reviews. Freewallet representatives are actively involved in all discussions related to blocking accounts, missing transactions, and other manifestations of fraud. In each discussion, the application representative pretends that the client made a mistake: he transferred money to the wrong address, indicated the wrong blockchain, and did not provide the necessary documents. Such activity allows you to hide fraud on the part of the administration. Casual visitors may believe that the client really made a mistake. In fact, 95% of victims lose money through no fault. Simply Freewallet is a scam designed to steal assets
Is Freewallet good?
The second way to attract new victims is prepaid reviews. The administration pays money to authors for comments in which they rate this application highly. It is not difficult to distinguish real reviews about Freewallet from custom ones. See how similar the style of all good-rated comments is.
Real customers would not write so many flattering words about a regular crypto wallet. But it’s easy to find people online who are ready to leave a comment on any site for a couple of dollars. This is how scammers get good reviews about Freewallet bitcoin wallet
Freewallet org review by real customers
Enter the query ethereum freewallet review or how secure is freewallet cryptocurrency. Links from the homepage will take you to forums, Reddit, Twitter, and other review sites. In almost every comment you will see complaints from people who have lost their assets. Unfortunately, most users only read comments after they create their own wallets and let scammers steal their money.
A standard Freewallet org review by real customers looks something like this: I deposited cryptocurrency into my wallet, and when I tried to withdraw my savings, the administration blocked the account. I have been writing to them for a long time, but they respond with the same type and repetitive messages. The security service requires new documents every time. I sent photos, videos, and bank statements, but it did not help. Freewallet is a scam!
Let’s stop Freewallet scam
It’s time to bring the Freewallet.org scammers to justice! We filed a formal crime report with the National Fraud Intelligence Bureau. The crime report is registered under the number NFRC230806087223. Since the owners of the Freewallet site may reside in the United Kingdom, this crime is under the jurisdiction of law enforcement in the United Kingdom and the National Fraud Intelligence Bureau. To expedite the arrest and trial of Freewallet scammers, we ask everyone to sign a petition demanding a fair investigation into the activities of these scammers.
If you start typing the word Freewallet in the search bar, you can immediately see a tooltip — the word issues. This means that many users are having problems receiving or sending coins through this wallet. Today we will tell you why they arise.
The most common issue that Freewallet clients encounter is sudden account blocking. Usually it occurs after replenishing the balance. Some might think this is an accident. But no. Look at the screenshot. As you can see, the administration is doing everything to prevent the withdrawal of money. Why? We are sure that this is a targeted fraud under the guise of verification (KYC Fraud).
After funds are blocked, clients write to support. But in response they receive the same type of template messages. At the same time, the administration constantly changes requirements and rejects even high-quality documents. Some Freewallet scam victims have contacted us. And they reported that the administration’s demands can only be described as humiliating.
Other Freewallet issues
As we have already said, most often Freewallet wallet users cannot withdraw assets. The administration freezes them under the pretext of KYC (but in reality they simply steal them). But we have also seen reviews about other Freewallet issues. For example, this client lost his XMR. The coins simply did not arrive on the balance sheet. And in this case, the support again ignored the user’s requests. Most likely, even now we are talking about the theft of assets committed by the administration of the wallet.
Conclusion
Freewallet issues occur to often to think that they are accidental. We are confident that this is a deliberate fraud. It’s just that the administration, in order not to advertise a criminal intent, disguises the thefts as technical glitches or KYC policies. In any case, we ask you not to install or use the Freewallet app. Otherwise you may lose your assets!
You can store and send many cryptocurrencies in the Freewallet app. One of them is Monero (XMR). This coin is known among crypto investors as one of the most anonymous and safe assets. Transactions on the network are hidden from outsiders, so XMR is the choice of those who value privacy. But Freewallet app is a scam. It’s owners steal clients assets. That’s why we hope that this Freewallet Monero scam review will prevent you from losing money.
Freewallet Monero review
The first negative Freewallet Monero review was left 6 years ago. A user with the nickname BLUEEAGLE7327 tried to warn other traders about the dangers of using this “wallet”. Unfortunately, as can be seen from the discussion, many did not attach any importance to his words. There were even comments about low Freewallet fees, as an argument to use this app.
The second situation involving the theft of client assets occurred in the same year. the user sent 0.37 XMR via Freewallet. The coins never arrived at the specified address. If you think this is a software glitch or user error, you are mistaken. Simply Freewallet administration steals customer’s coins, which is confirmed by many negative reviews.
Should I use Freewallet for XMR Monero payments?
The answer is “no”. Freewallet XMR reviews show that most part of clients lose their assets. Sometimes administration resends coins to third-party wallets. But more often Freewallet scammers just block users account for no reason. Later they ask you to complete “verification”. This procedure has nothing common with real KYC. Just check another Monero Freewallet review.
Support saw that user deposited some XMR to Freewallet app. They decided to steal his coins. So, what they did: they blocked his account and then ignored messages and requests for help. Total ignorance is a very often thing on Freewallet org.
By the way, Freewallet XMR reviews show, that if you use this app, you won’t be able to stay anonymous. Normal crypto wallet doen’t require you to send any documents. Because it’s a WALLET, not an EXCHANGE or BANK or FINANCIAL SERVICE. Any crypto wallets must be anonymous. But it’s not the main issue of Freewallet. The main problem is that it’s owners are scammers. Even if you send them documents, they still won’t unblock your account.
You can find more Monero Freewallet reviews in previous articles. Freewallet is not good and not safe. That’s why you should never use it. It’s prefferable to choose non-custodial apps, that allow you to store your private keys. So if you downloaded Freewallet XMR app, delete it immediatly!
And if your Monero Freewallet transfer was unsuccessful, contact us and we’ll provide legal and informational help to get your coins back! Freewallet org is scam! Don’t use it!
The founders of Freewallet are mean and cynical, but cunning people. If you just steal coins from wallets, you can quickly find yourself in prison. Therefore, the leaders of the scam project came up with a more safe way of cheating.
Extract from the user agreement. The creators of Freewallet directly say that at any time they will deprive you of the possibility of withdrawing assets under a far-fetched pretext.
The service rules explicitly state that the company has the right to verify customers in case of “suspicious activity”. By the way, anything can be considered suspicious activity, even the usual authorization in the wallet. After blocking the account, the support service starts ignoring requests:
First, they explain for a long time that they act for security reasons.
Next, they ask for a regular scan of a passport or ID.
Then they persuade a victim to make a selfie, a video recording, and send more and more scans.
If the client passes this check as well, they begin to demand new documents, including tax returns, bank statements, and documents of victims’ family members.
The purpose of this “verification” is to make the victim get tired of fighting for their coins and resign themselves to losing them. Or, in general, send the client to the ignore list under any pretext. You can find hundreds of people from whom Freewallet administrators simply stole coins!
FREEWALLET STOLE $100,000 FROM ONE VICTIM
How secure is Freewallet?
A user with the nickname Spidermantheman1 accumulated about $100,000 on his Freewallet XMR wallet. The security service immediately blocked his account. The long correspondence did not give results. First, employees needed the user’s data. Then they asked him to show his ID. They wanted to make a selfie. In the end, Freewallet scammers demanded a bunch of documents from the victim, including bank statements. But even that didn’t help. At some point, the security service began checking again, asking … to take more and more selfies (for example with different documents and papers in the background)
Does it have anything in common with security? No! The purpose of such “verification” is simple: to play for time, waiting until the victim will be forced to forget about his or her deposit.
WHY FREEWALLET SCAM IS NOT PUNISHED
Every month, dozens of victims whose assets are stolen by the Freewallet administration appear in the crypto community. It would seem that the founder of the project should have been under arrest for a long time. But smart Freewallet scammers thought out their “business” to the smallest detail:
A figurehead, listed as the official project manager. In reality, the CEO has nothing to do with the crypto business. The real founders of Freewallet are often called two residents of Russia. According to the political situation, punishing fraudsters becomes almost impossible.
Users’ coins are stored in shared cryptocurrency addresses. It becomes difficult to calculate where the assets of a particular victim went. While the client thinks that he is passing the usual verification, the company sends his tokens and coins to staking or landing, receiving good interest. The victim loses his savings. This was especially actual in December 2017 and 2018: the rates of Bitcoin and altcoins were falling rapidly. At some point, seeing their frozen assets melt away, Freewallet victims simply gave up trying to get them back. The administrators of the scam project took the assets for themselves, immediately converting them into stablecoins or fiat.
The Freewallet “marketing department” is doing everything to whiten the reputation of the project. They are blocking negative reviews and compromising users who reported fraud. In such simple ways, Freewallet manages to slightly improve the ratings and achieve an influx of new victims.
But in general, Freewallet is such a blatant scam that it’s amazing how people still trust them with their savings. And to be convinced of the deception, it is not even necessary to look for reviews of other victims. It is enough to see if the company that is named as the owner of this crypto wallet is real.
According to the official website, the owner of the service is Wallet Services Limited, registered in Hong Kong.
If you ask is Freewallet legit, check more then just scammer’s official website. A simple search reveals that Wallet Services Limited… ceased to exist back in January 2022! That means: today Freewallet has no official owner. In the event of claims, the victims will not even have a person from whom compensation can be demanded. Unfortunately, not all beginners are aware of such nuances, which leads to the theft of coins and tokens from the wallets of gullible users.
The worst thing is that the creators of the scam project Freewallet do not shun anything, taking even the last money from people. As an example – one of the recent stories: Freewallet blocked the payment, which was intended for a gift to one of the user’s daughter.
Moreover, the scammers from Freewallet this time did not even begin to create the appearance of legality. Usually, they block the wallet, citing security reasons, the desire to protect the client, etc. This is where the theft took place. As soon as the user completed the transaction, the company immediately removed this token from the list of available ones. Later, Freewallet pretended that such transfers never happened. A spoiled holiday for a child, a spoiled mood for parents … and a lot of money from the mysterious owners of the Freewallet project. Are they interested in someone else’s experiences?
Can Freewallet scam participants be held accountable? Yes. What is not so difficult to do? Most of the victims are limited to negative comments on social networks and forums. Thanks to these comments, a simple search for reviews shows that Freewallet is a scam. But this is not enough.
Victims must organize and collect evidence of Freewallet’s fraudulent activity and pass it to law enforcement officers. It is important to seek the initiation of criminal proceedings against the creators and participants of this scam project. Further, financial regulators should intervene in the matter, which will place the money associated with Freewallet on blacklists, which will make it difficult to withdraw stolen funds. Ultimately, Interpol should get involved in the case to achieve an arrest and judicial review of the facts of fraud and theft of cryptocurrency.
But it will be extremely difficult for one user to achieve the result alone. The team of scammers who founded Freewallet today has money, influence, and opportunities. Therefore, it is important that the appeals of the victims be collected and addressed to state bodies, and not in the form of ordinary posts on the Internet. Otherwise, Freewallet will be able to steal millions more from thousands of new victims.
We also suggest you to read the truth about Freewallet reviews. New customers often try to find the most advertised solutions to keep their assets. Freewallet scam is succussful for the fraudsters because they pay for positive reviews. But real customers also add their stories. If you pay attention to their complaints, you ll realize that Freewallet is a scam, not a safe and secure crypto wallet!
Multi wallet by Freewallet org might seem like a good tool for storing and receiving cryptocurrencies. But in reality, this project was created by scammers. The Freewallet app’s only mission is to steal your assets! Read this text so as not to fall into the bait of scammers and not lose your money!
We have prepared a Freewallet review that shows the truth about one of the biggest scam projects ever!
Freewallet review
The main website of Freewallet scammers indicates that the project was created in 2016 in Estonia. Marketers are promoting this app. Freewallet reviews are written by competent PR managers and attract new customers. If you have just started looking at Freewallet reviews, stop! All texts with good marks are written to order, for the money of victims who have lost their assets! The words of Freewallet scammers cannot be trusted.
Freewallet is scam
Who is the real CEO and owner of Multi wallet by Freewallet org? Do you think this is some Alvin Hagg, Freewallet co-founder? You are wrong. The real owners of the project hide their names. But from various sources, it was possible to find out that presumably, a group of immigrants from Russia is behind the project.
For example, it has been mentioned that this project’s leaders are UK residents Dmitrey Gunyashov and Alexey Gunyashov and a guy from Russia named Vasilli Meschyerokov. Some witnesses also mention Andrey Savchenko as one of the investors.
Alvin Hagg, freewallet co-founder just a figurehead, and a cover for the scammers from this group. Hagg’s task is to tell everyone that Freewallet is safe and legit. He regularly posts about how secure is Freewallet. Meanwhile, Gunyashov, Meschyerokov, and Savchenko are stealing millions of dollars from app customers.
To prove that Freewallet is a scam, it is enough to check the company’s legal status listed on the wallet website’s main page.
According to the official website, the owner of the service is Wallet Services Limited, registered in Hong Kong.
HOW FREEWALLET ORG STEALS VICTIMS’ MONEY
There are thousands of real Freewallet reviews on the web. Users of the application indicate such complaints:
The administration stole the money by deleting all records of the transaction. There have been dozens of such cases in recent years. The victim transfers tokens or coins to the Freewallet wallet, but the assets do not appear on their balance. The transaction history is empty, the support service is silent. And blockchain explorers show that the assets suddenly ended up in a completely different wallet!
If the victim receives a large transfer, the administration does otherwise. Freewallet scammers block the user’s account. When he asks if it is possible to withdraw money, the support service requires verification. At the same time, the support responds slowly, and each time it asks to send new and new documents. Such correspondence lasts until the victim comes to terms with the loss of assets.
Read real Freewallet reviews written by victims who have lost coins. You will see thousands of cases where scammers simply blacklisted users and stoletheir assets.
Is Freewallet safe?
Only a non-custodial wallet can be considered truly safe. Who owns the keys, owns the money! The keys to Freewallet org wallets belong to the administration. Therefore, if you ask if is Freewallet safe, see how the creators of the project steal their customers’ savings.
In May 2023, one of the clients installed the Freewallet app. He made 3 payments to deposit crypto to the wallet. Not a single translation has been received.
How secure is Freewallet?
From time to time, hackers hack the servers of crypto-exchanges and other financial services. Clients are rightly afraid of losing money due to another attack.
But in the case of Freewallet, this does not matter. Freewallet is a scam. Its creators specifically launched the project to take tokens and coins from the victims and ignore the victims themselves. Do not try to read technical documentation to understand how secure is Freewallet. Hackers can break into this site, but no matter how successful the attack is, you will lose your savings anyway.
A user with the pseudonym mgxmgx raised money to undergo cancer treatment. As soon as a large amount was collected in his wallet, the administration simply froze the account. The patient was robbed of all his savings. His review of Freewallet is a cry of despair because even a serious illness of the client did not stop the scammers from the site administration!
If you are still wondering if Freewallet is good, read more reviews and you will see that these scammers are ready to steal both $100 and $500,000. And every day new victims come to them because their marketing service works perfectly.
Let’s stop Freewallet scam
It’s time to bring the Freewallet.org scammers to justice! We filed a formal crime report with the National Fraud Intelligence Bureau. The crime report is registered under the number NFRC230806087223. Since the owners of the Freewallet site may reside in the United Kingdom, this crime is under the jurisdiction of law enforcement in the United Kingdom and the National Fraud Intelligence Bureau. To expedite the arrest and trial of Freewallet scammers, we ask everyone to sign a petition demanding a fair investigation into the activities of these scammers.
Conclusion
Freewallet.org is neither legit nor safe. It’s a scam project that threatens thousands of customers.
If you wanna know if Freewallet is legit, check official information about websites owner. You’ll find out that there is no registered company that would be responsible for payments and holding clients assets. Alvin Hagg, freewallet co-founder just a figurehead, and a cover for the scammers from this group.
If you wanna know how secure is freewallet, pay attention that it’s a custodial wallet. You don’t own the keys, the administration does. So that they can steal your assets anytime the wish.
If you ask, is Freewallet safe, look at reviews that show how fraudelent is this service. Administration just frozen thousands of clints accounts. And then support ignores all complaints. So victims just lose their money.
So never use freewallet app. It is a scam!
We ask everyone to sign a petition demanding a fair investigation into the activities of these scammers. You will only take a couple of minutes to sign, but it is a real way to get the creators of the Freewallet wallet arrested.
Several days ago we found another Freewallet scam victim’s review. A man from Hong Kong deposited some coins to crypto wallet. Several days later user tried to withdraw coins from Freewallet to Paypal. And he couldn’t finish this process because his wallet was blocked.
All tickets were ignored. Support answered with typical messages like “we are working on it” or “Your verification is in progress”. Actually Freewallet scammers stole victims assets. That again shows the well known fact. You shouldn’t try to send coins from Freewallet to Paypal, otherwise you will lose savings.
Freewallet fees are low
This is one of the reasons why more and more people become victims of fraud. Freewallet withdrawal fee is rather low. Therefore, holders of crypto assets often come up with the idea of using this wallet to withdraw coins to PayPal. But actually, Freewallet withdrawal fee is a bait.
Of course, no one wants to give an extra percentage of savings to the application administration. All users are trying to save money. But in this case the choice is small. As soon as a sufficient amount has accumulated in your Freewallet wallet, the administration will block the withdrawal under the guise of KYC. After this, support ignores messages or rejects any documents. As a result, the victim loses money.
KYC fraud
This is roughly what this method of deceiving clients can be called. The administration allows victims to replenish their wallets, but blocks any withdrawals, including to PayPal.
It is very difficult to prove the fact of fraud, because formally everything happens within the framework of the KYC procedure. But experienced users understand that real verification cannot drag on for weeks or months. It’s just that in this way the administration can steal huge amounts of money without risking ending up in prison.
Please note that even the official rules of the service indicate the right to block assets under any pretext for an unlimited period. If the administration does this, you will not be able to withdraw coins from Freewallet to PayPal or any other account.
Conclusion
Don’t let fraudters to freeze and later steal your digital assets. Don’t use Freewallet to deposit PayPal account. Choose any other safe, secure and trustworthy crypto wallets.
We have already described in detail the essence of the fraud, which is carried out by the administration of Freewallet org wallet. We have also told you who in our opinion is the head and owner of this scam. But it is worth noting that Gunyashov, Meshcheryakov and other potential organisers of Freewallet are engaged not only in this project.
Dmitry Gunyashov
The first person worth mentioning in our list is Dmitry Andreyevich Gunyashov. This man was born in 1988 in St. Petersburg (Leningrad at that time), where he is still registered. However, Dmitry’s official Facebook page indicates that he lives in Lisbon, the capital of Portugal. Dmitry does not hide his affiliation with the top management of Cryptopay. Both in the official documents of the service and on his personal pages it is stated that Gunyashov is the co-founder and head of Cryptopay. As for Freewallet, there are no such mentions in the public space. But we will talk about this aspect a little later.
If you look at the reviews of Freewallet and Cryptopay “clients” on English-language resources, you can notice a number of comments with flattering words. As if someone decided to spend time to tell what a great wallet he found, how convenient it is for him to transfer coins, and in general, how satisfied he is. Such comments look suspiciously implausible. But the most interesting thing is that such reviews for Freewallet and Cryptopay are suspiciously similar.
Now take a look at the complaints of real customers of both services. You will be surprised, but the complaints to the administrations of both Freewallet and Cryptopay concern one problem: stealing money under the pretext of verification.
This is another proof of Gunyashov’s involvement in both Cryptopay and Freewallet.
Besides Cryptopay and Freewallet, Gunyashov can be associated with two other projects, though not cryptocurrency ones:
An online shop selling iPhones in St. Petersburg. Founded in 2012. Worked for a few months, as Gunyashov clearly realised that it would not be possible to make a business on the retail sale of smartphones. Then he started working on his cryptocurrency projects.
Foundation for the Development of Russian Martial Arts. In this organisation, Dmitry is not listed as a founder or manager and, most likely, did not take a significant part in the activities. But Gunyashov’s mobile phone is still listed in the contact list of the “Martial Arts Centre” funded by the Foundation.
As we can see, Dmitry has no solid background that would allow him to become the head of one of the leading crypto projects. He has not distinguished himself in either IT or finance. Why did Gunyashov manage to get thousands of customers for his apps and websites? The answer is simple: Gunyashov created a kind of financial pyramid, in which old victims “pay” to attract new ones. Moreover, unlike conventional MMM and other “classic” scams, neither Freewallet nor Cryptopay give even a hint of the risk of losing money.
However, this does not mean that it is impossible to bring the owner of Freewallet to justice. However, the question of where the creator of Freewallet and Cryptopay is today becomes relevant.
According to some reports, he returned to Russia to take advantage of the political situation and avoid prosecution by European law enforcers. According to other reports, Dmitry Gunyashov lives in Portugal or the UK. For example, in September 2022, he posted a question on his Facebook profile asking a friend for advice on wine specialists in Lisbon or the surrounding area. In doing so, Gunyashov repeatedly pointed out his connection to the UK and Hong Kong.
From what we know, Dmitry Gunyashov is registered in Russia as of 2022, at 111 Engels Avenue, St Petersburg, flat 516. However, Gunyashov’s Facebook page states that he resides in Portugal and his business connections lead to London, where Cryptopay has an office at 8 Devonshire Square. Despite this, Gunyashov still uses the Russian phone number +79219965549 for communication.
Vasily Meshcheryakov
Like Gunyashov, Vasily Vyacheslavovich Meshcheryakov was born in Leningrad. This happened in 1984. Like Gunyashov, Meshcheryakov has no “history”. Vasily has not published any information about his education or information about any successful startups. However, based on information from open sources, it is easy to understand the role Meshcheryakov plays in the group of fraudulent owners of Freewallet and Cryptopay.
Back in 2016, Vasily became the founder of a Telegram channel and a blog dedicated to video games. The ability to work with a young, computer-savvy audience helped Vasily to think through the concept of “promotion” of Freewallet and Cryptopay. So today he is responsible for PR and media promotion of fraudulent schemes created by Gunyashov.
Since 2017, Vasily has been the CEO of the Russian company Dioram. As stated on the company’s official website, “our mission is to bring the latest computer vision technologies that can help people from the labs to the homes and streets.” At the same time, Dioram receives funding from the state budget. For example, in 2018, Dioram LLC had to supply equipment worth almost 1.5 million rubles as part of a state order for a museum.
Similar to Gunyashov, Vasily Meshcheryakov indicates on social media that he has left the Russian Federation. At the same time, he continues to use the phone number issued in Russia (number +79319693585).
Therefore, the question of the whereabouts of the main defendants in the Freewallet/Cryptopay case remains open.
Description Scammers that own freewallet app steal coins even from those customers who collect assets to get treatment. That’s another reason why we should stop freewallet scam!
FREEWALLET ORG SCAMMERS HAVE NO MORAL LIMITS
Freewallet is designed to steal your money. As soon as the client deposits tokens and coins, his account is blocked under the guise of KYC. Further, the administration begins to demand documents, screenshots, and videos. Moreover, even a week or a month after the start of the check, the wallet will not be unfrozen.
In previous articles, we have posted many stories of clients who lost assets due to fraud by the Freewallet administration.
But usually, even criminals have moral restrictions that do not allow deceiving the most defenseless. Freewallet org owners are not affected by this. They are ready to steal coins even from those who need money for urgent purposes, such as medical treatment.
FREEWALLET STOLE CANCER PATIENTS’ LIFE SAVINGS
This situation happened back in May 2018. A user named mgxmgx set up the Freewallet app to raise money for cancer treatment. Once the address received enough coins, he tried to withdraw them to purchase medicines. But the scammers froze his account and demanded verification.
The user provided all requested documents, screenshots, and videos. He was forced to comply with the demands of the swindlers, but he never received the money. Even contacting the support service with a request to return the coins did not help, since they are needed for treatment.
This is not the first case of dastardly deception. Earlier, we already told how Freewallet wallet scammers stole the coins that the user collected for a daughter’s gift. This once again proves that wallet owners will stop at nothing for the sake of profit.
If you encounter a similar issue, please tell us your story by emailing [email protected]. We are collecting information about victims of Freewallet fraud to seek the closure of this service and hold its owners accountable!
FREEWALLET SCAMMERS STOLE MY MONEY
It’s a big problem, but even if Freewallet freezes withdrawals, you have a chance to get your money back. Follow this algorithm:
Try to withdraw coins and tokens as soon as possible. Some victims in the reviews indicate that the account is blocked only if the user tries to withdraw the entire amount. Try to send assets to another (trusted) wallet in parts as soon as possible.
Make high-quality screenshots confirming the presence of money on the balance. Fraudsters from Freewallet can delete the transaction history and reset the client’s wallet. If you don’t have screenshots at this point, it will be difficult to prove the theft. A good screenshot should capture the entire screen, including the address bar of the browser. If possible, make a video recording of the screen, which shows that your money is in the account.
If Freewallet support blocked the wallet and started their KYC scam, try to convince the scammers that you are expecting a large amount of money. As one of the victims anonymously said, Freewallet owners specifically do not block users in the early days to allow them to deposit more cryptocurrencies into their wallets. Write to the support service that you should be transferred, say $5000, and you are worried that the blocking of the transaction will not interfere. There have been cases where Freewallet scammers believed this and unfrozen the account in the hope of stealing more money from the victim.
If it was not possible to return the assets, take high-quality screenshots of all correspondence and transaction history. This evidence will help you in your litigation.
Contact your local police or other law enforcement agency. Most likely the owners of Freewallet org are hiding from the law in Russia or East Asia. Today, the site does not have an official owner company. But this does not mean that the law is powerless. At the international level, there are agreements on legal assistance, under which police structures cooperate. Therefore, you must file a statement about the fact of fraud and theft of your money by the owners of Freewallet org.
Get a criminal investigation started under the laws of your country. You may need the help of a good lawyer. Whether to spend money on it is up to you, but in any case, only arrest and trial can stop the scammers.
Once an investigation has been initiated, please send the screenshots and documents along with the complaint to the freewallet.org domain registrar at [email protected]. This is important because the number of complaints depends on whether new victims fall for the bait of scammers.
Freewallet blocked access to the wallet for no reason. Freewallet support is ignoring requests. I sent coins to another person, but they did not reach the addressee. Because of Freewallet, I lost several thousand $.
If you read our website and forum and look for real reviews on the internet, you will find hundreds of similar complaints about the Freewallet crypto wallet. This app is created by scammers who hide their real names and steal coins and tokens from customers every day.
In the previous article, we explained why Freewallet is a scam and what methods they use to steal your money. Today it’s time to share new stories of deceit and give advice on how to fight against scammers!
VERIFICATION WON’T HELP
Perhaps some of the readers, having studied the last article, will object that the verification procedure (KYC) is a generally accepted way to prevent money laundering. This is true, but real AML and KYC have nothing to do with the lawlessness that the Freewallet wallet administration is doing.
In 2022, a user with the nickname Zestyclose-You-2983 installed the Freewallet app. They almost immediately demanded documents from him to pass verification, and he fulfilled these requirements: filled out a questionnaire and sent a scan of his id. It seemed that the wallet can now be safely used. But as soon as the cryptocurrency arrived at his address, the Freewallet administration blocked the transactions and demanded … to undergo a new verification. The victim sent more than 20 requests to the security service, which did not yield results. Here is how the Freewallet scam victim herself describes the desperation:
When you have multiple customers complaining about their funds being locked for months or even years for some, you can’t talk anymore about the standard verification process.
THE FACT OF FRAUD HAS LONG BEEN KNOWN IN THE CRYPTO COMMUNITY
There are many forums and websites dedicated to cryptocurrency and digital wallets on the web. It has long been known in the community of traders, investors, and developers that Freewallet is a scam. For example, one of the articles tells the story of a man from whom the administration stole almost 0.3 BTC. The scammers assured the victim that there had been a mistake and refused to refund the loss. The freewallet administration just stole his money.
Similarly, back in 2017, a user with the nickname Bumapuma was deceived. His tokens were sent to an address in another cryptocurrency. In this case, it is possible to return the money if the user has a private key. But this data is stored by the Freewallet administration. The victim never received his tokens – the scammers refused to provide any help.
From time to time, journalists publish notes about the fraud of the creators of Freewallet. But so far, the police and intelligence agencies have not done anything to protect the victims!
HOW TO GET MONEY, STOLEN BY FREEWALLET, BACK?
If you have been scammed by the Freewallet crypto wallet, there is no need to despair. Know that you are not alone! We will fight these criminals together. The activity of everyone who lost money is important to stop this scam wallet:
Contact us by going to the “Contacts” page. We collect information about all victims to jointly make appeals to the police, courts, and financial regulators. We guarantee anonymity if you wish.
Leave bad reviews about Freewallet scammers. Repost your stories and these materials on websites, forums, and social networks.
Send appeals to journalists, human rights activists, the police, and supervisory authorities. If you need help writing a text, please contact us.
Don’t lose hope. When the Freewallet scammers end up in jail, they will have to pay compensation to the victims to mitigate the punishment. We will achieve this!
Ethereum wallet by Freewallet. For newbies in crypto trading or crypto investments this phrase may sound like a good suggestion. On Freewallet org it’s claimed that their payment app is created to let anyone store, send and withdraw ETH and other coins.
This is a lie, because Freewallet is a scam project! Never use it!
On this screenshot you see a negative review left by Anya Skirko. She thought that Ethereum wallet by Freewallet is good solution to store her ETH. Ms. Skirko sent about $300 in Ethereum. But Freewallet scammerc blocked her account because of ‘unverified email’. A victim was trying to pass the KYC but all attempts vere unsuccesful.
Freewallet is a scam! All they do is just block your app so you lose control over your assets!
More Ethereum wallet by Freewallet reviews
If you are looking for more Ethereum wallet by Freewallet reviews, visit our forum. Here there are dozens of posts in which customers tell how Freewallet app stole their coins and tokens. Of cource most payments were in ETH, USDT or BTC. Freewallet eth erc-20 wallet is one of the most frequant ways to lose money.
Freewallet support will block your account for no reason. You’ll try to send them a message, but they will ignore you. Or your transaction will pe lost. And support will explain that it was “your mistake”.
On this image you can see that Freewallet support fraudsters waste their customers time asking them to provide “verificationa; code again and again”. Later they will ask photos of your ID, drivers license, bills etc. Freewallet eth erc-20 wallet works only till you make your deposit. After this scammers block the account and steal your assets!
Be careful: fake reviews
Many people still try to get Ethereum wallet by Freewallet only because those fraudsters delete all negatibe reviews. Here is a story from a guy who got a ban on Freewallet official page. Just because he was trying to explain that this is a scam!
Freewallet is scam. This is the first fact you have to notice if you ever think about using their app. The whole project called Freewallet is created with a single purpose: to steal your assets.
Never trust them! Never use their wallet! And if you do – try to withdraw your assets immediately!
Ethereum wallet by Freewallet is scam! Change eth freewallet to Kraken, Metamask, Electrum, any other solution but NOT FREEWALLET!
“A man who has never gone to school may steal a freight car; but if he has a university education, he may steal the whole railroad.”
Theodore Roosevelt, 1858-1919, American President [1901-1909]
Theft is a crime, just like fraud or hacking into other people’s accounts. But while petty criminals constantly fall into the hands of the police, we discovered a group that has been stealing millions of dollars with impunity for the 9th year. Moreover, these scammers practically do not hide and are not at all afraid of punishment. Do you want to know how to steal huge amounts of money without the risk of going to jail? Then look at the experience of a project called Freewallet org.
FREEWALLET: A CUNNING AND INSIDIOUS SCAM
Over the past 5 years, the volume of transactions with cryptocurrencies has increased approximately 12 times. The market capitalization of tokens and coins reached $2 trillion in 2020. This figure has decreased somewhat now, but still more and more users are starting to use cryptoassets.
What do you need to receive, store and send Bitcoin, Ethereum and other digital money? First of all, a safe and convenient crypto wallet.
The Freewallet org website invites everyone to download the application, which the developers themselves call safe, reliable, inexpensive and multifunctional. At first glance, Freewallet app may really seem like a cool crypto wallet. But in fact, the owners of the project created it for the sole purpose of taking their savings from clients.
If Freewallet was an ordinary scam, its administration would simply take the money for themselves. But this path is a direct road to prison for fraud. The project leaders, Russians Dmitry Gunyashov and Vasily Meshcheryakov, are educated and smart people. They did it differently. The service rules themselves indicate… that the company can do whatever it sees fit with clients’ money.
“Wait”, – probably you would ask, – “do you mean that their terms of service allow the administration to steal coins?”.
Well, in general, yes. But formally, from a legal point of view, it seems that scammers are not stealing your assets, but are simply blocking them as part of the KYC (Know Your Client) procedure. However, if you read the reviews of victims, it becomes clear that this process has nothing to do with verification. Customers are simply being robbed of their savings. But formally, the Freewallet administration operates within the framework of the rules that the client agreed to when downloading the wallet. This may be called as Freewallet KYC Scam.
FREEWALLET KYC SCAM
Cryptocurrency is often used for illegal purposes, such as money laundering. Therefore, financial regulators require exchanges and other services to verify clients. On normal sites, the user is asked for his passport or driver’s license, as well as a questionnaire with information about the client. Not everyone likes to undergo verification, but in general everyone understands that it is necessary to fight cybercrime. But this not applies to Freewallet. The project administration carries out large-scale deception of clients under the guise of KYC:
The customer downloads Freewallet app. The wallet seems to be working without any issues.
Customers deposits or gets some coins on his address.
Freewallet administration suspends client’s wallet and asks to proceed verification.
Customer provides photos of his documents.
Administration declines the documents, asks to send more pictures.
Customer fulfills this requirement.
The administration again refuses to confirm my identity and demands that I send more documents, photographs, selfies, and videos.
This process can drag on for years until the victim comes to terms with the loss of their savings. But formally, the client is told that his money is just frozen and transferred to a safer address. I think readers have already guessed that the “safe address” belongs to the owners of Freewallet org themselves!
HOW FREEWALLET SCAMMERS AVOID PUNISHMENT
At the beginning of the article, we already said that Freewallet owners have invented a way to steal millions without fear of responsibility. This is due to the fact that they disguise their fraudulent actions as regular identity verification. Therefore, it is not easy to prove the existence of a crime. Victims sometimes turn to the competent authorities, but it is easier for the police and similar structures to turn a blind eye than to try to find evidence of targeted fraud.In addition, Freewallet org administration closely monitors negative comments and deletes or blocks evidence of crimes. For example, some domains on which we told the truth about Freewallet were deleted at the request of the creators of the wallet. This allows criminals to whiten their reputations and attract new victims.
But this does not mean that scammers will be able to escape punishment. It will just be a little more difficult to achieve justice. Moreover, taking into account the fact that the real owners of Freewallet org do not advertise their names. But we managed to find out something.
IS IT POSSIBLE TO STOP FREEWALLET SCAM?
Yes. But this will be extremely difficult, since the deception scheme was developed by real professionals. It is difficult to legally prove the fact of fraud, since the administration hides its actions under the terms KYC and AML.
First of all, it is necessary to ensure an objective and fair investigation. To do this, we have already submitted an official request to the National Fraud Investigation Bureau. Since Gunyashov often visits London and has a registered business there, the criminal case is also within the jurisdiction of the United Kingdom. A few weeks ago, we launched a petition calling on the NFIB to investigate the actions of Freewallet owners in order to protect the interests of those affected. Each signature left on the petition will speed up the prosecution of fraudsters.
Additionally, it is very important that users realize that Freewallet is a scam, not a safe and secure crypto wallet. The sooner traders and investors stop sending money to criminals, the sooner the group will run out of opportunities to evade punishment. Therefore, we also encourage everyone to share Freewallet org victim reviews and help scam victims seek justice!
