https://twitter.com/ScamFinder6/status/1758550822269366640
As guy above said, The Quin doesn't posts here anymore, he barely visit forum, people aren't getting response from support. I would agree that Freebitco.in going downhill recently.
The downtime in February was due to a DDoS attack.
https://twitter.com/freebitco/status/1758777303025230029
https://bitcointalksearch.org/topic/m.64015156
I think something malicious happened that they can't financially recover from, will be interesting to see how it all plays out.
The recent security issue where some users lost funds was because those users' withdrawal requests were hijacked and also for some users their deposit address was replaced. As far as I can tell the casino’s wallets weren’t compromised. Withdrawals are still being processed. Sometimes it takes a few days for manual review but I can’t find any complaints of them rejecting legitimate withdrawal requests. If they were insolvent I would expect a lot more problems with withdrawals.
There is reason to believe they have a fractional reserve of FUN tokens, but the entire situation with FUN token is opaque and confusing. The team behind FUN token repeatedly denies any involvement with FreeBitco.in. We need a statement directly from FreeBitco.in to clarify this situation and why there’s a discrepancy in the amount of tokens they claim are held on their website and the amount that is actually in their wallet. We know they’ve transferred billions of tokens to Binance but we don’t know if they are dumping them or just keeping them in their custody.