Why have Freewallet released so many different builds of their apps?

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2 min read

The official Freewallet blog constantly mentions various applications: “Operations with ALGO coins are now available in the multi-wallet wallet,” “We have released a new IGNIS Wallet,” etc. Do you know why scammers constantly release new builds?

The name of the project, Freewallet, is similar to the phrase “free wallet”. That’s why scammers issue, say, Dogecoin wallet. And as soon as the user enters the phrase Free wallet Dogecoin in the search, Google redirects him to the Dogecoin wallet by Freewallet page.

It is this scheme that helps scammers constantly find new clients. That’s why we’re lobbying major app stores, including the App Store, to ban Freewallet. They are not just scammers. They are very dangerous scammers, since beginners may perceive the name of the project as a description that they are being offered a free cryptocurrency wallet.

Never download Freewallet

A good crypto wallet gives users the ability to anonymously receive and send assets. Freewallet has nothing to do with this. The service rules directly state the administration’s right to block accounts and require verification. But this would not be so scary if we compare, for example, Freewallet exchange with other similar services. The problem is that under the guise of KYC, the administration steals assets.

Look at independent resources for honest reviews. You will see dozens of complaints about illegal wallet freezing. And support not only does not help clients: their requests are simply ignored! If you download Free wallet, you will lose coins!

Can you get your assets back?

Yes it is possible. But this requires active action. First, you need to prepare and submit an official statement to the police, following the example of what the woman did in the top screenshot. In addition, it is important to make your case public and attract the attention of the community. Only such pressure will allow the return of assets stolen by Freewallet exchange.

But the best way to save money is to not install fraudulent apps. Do not download Free wallet. It’s a scam!