Two main questions about app we are going discuss today: Is Freewallet Legit? Is Freewallet safe? we can give a clear answer to both questions. No! This "wallet" is designed solely to steal your assets. Moreover, no matter how the owners of the service advertise themselves, the fact remains irrefutable: the developers do not have any official legal status. And the administration's actions are outright deception and fraud.
Freewallet is not legit The official website of the project states that the owner of the application is Wallet Services Limited. This mention was not made by chance. Users are afraid of scammers, and therefore prefer services with official legal status. But let's see if such a company exists today. And a simple internet search shows that Wallet Services Limited ceased to exist back in 2022.
So, is Freewallet legit? Of course, no! In case of any claims, you can apply to the Hong Kong court at the specified company registration address. But this makes no sense, since the termination of the company's activities means the impossibility of satisfying claims against it.
But even this is not the main reason why we do not recommend using Freewallet. If we were talking about a regular non-custodial wallet, the question of the legal status of the developers would be uninteresting. Does it matter who created the application that runs smoothly? The main problem lies elsewhere.
Freewallet is a scam! Look at the reviews left by users who lost money due to Freewallet.
After a user deposits some amount or receives incoming transaction, The application administration blocks their withdrawal. Most often under the pretext of suspicious activity or security measures. Then the fun begins. Victims complain that they are asked for documents, including passports, bank statements, and utility bills. But after providing documents, support begins to ignore clients. Everything is delayed so that the victim comes to terms with the loss of money. Ultimately, Freewallet scammers steal assets.
Never use Freewallet org! It's not legit! Fraudsters generously pay for advertising using money stolen from clients. In addition, they lure users with low fees. But ultimately, everything leads to loss of savings. And there can be only one piece of advice here. Never download Freewallet org. It's not legit! It's a scam!