Is Freewallet safe?

Emilia Grims
3 min readJun 7, 2024

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What is a safe crypto wallet? Probably, it’s an app that allows you to store coins and tokens and don’t worry that someone will steal your assets. Is Freewallet safe? The correct answer is “no”. The administration of this application itself is a scam and has stolen millions from clients!

In 2021 a user with the nickname Caliwood decided to download Freewallet crypto wallet. His account was active, everything looked like ok. Caliwood got a payment for selling his program code to a foreign partner for almost $500 000. The transaction was successful, but when the customer decided to withdraw his money, Freewallet wallet blocked his account.

Caliwood asked for support many times. The Freewallet administration made him to proceed verification (KYC). But… It didn’t help. As a victim said: “I already sent them pictures, documents, and videos, and they just request more and more videos of each transaction”.

The original message by the victim was posted in 2021 on one of the biggest crypto forums, Bitcointalk. But even complaining about Freewallet scammers didn’t help. The user lost savings.

Is Freewallet a safe crypto wallet?

The method by which the administration steals assets is called KYC fraud. Under the pretext of verification, the user is blocked from withdrawing money. The client sends photos, videos, scans, and is interviewed on Skype. But nothing helps to return the savings. This is a scam and this application cannot be considered safe.

Here is one of the recent dalobs published on Reddit. I’ve now completed the Skype video verification that is required by FREEWALLET upon completion of account verification and I’m now here 96 hours after the fact with no apparent end in sight. As you can see, the client’s savings were simply stolen. So is Freewallet safe? Of course, no!

Freewallet account suspended, what should I do?

If you want to return assets, tune in to the legal battle. You should contact a lawyer who can help you draw up a competent statement to law enforcement agencies. Only a court verdict can force Freewallet scammers to send you back stolen coins!

freewallet-report@tutanota.com

Write to this email as soon as you have any new Freewallet issues. Don’t expect the administration itself to meet you. We are ready to provide free legal assistance to all victims of the Freewallet scam. We guarantee complete confidentiality and qualified support.

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