Has the good old freebitco.in turned into a scam? Looks like it.

There’s a pattern unfolding that should make anyone who’s ever clicked the hourly faucet sit up: for months now a growing number of users say FreeBitco.in (the over a decade old faucet / casino / wallet combo) has been taking deposits and running promotions as usual, while failing to actually pay out withdrawals reliably. That combination , accepting money but not reliably returning it , is the canonical red flag for a rug pull or at least a catastrophic operational collapse. Here’s what I found, what’s provable, and what is still murky.

Has the good old freebitco.in turned into a scam? Looks like it.

What people are reporting, in plain words

  • Withdrawals stuck, no TXIDs, support silent. Multiple recent posts on the long running FreeBitco.in thread at Bitcointalk show users reporting withdrawals pending for weeks, or never seeing a TXID (transaction identifier) appear for their requested payouts. Several users say tickets get auto answered or ignored.
  • Site keeps promoting big giveaways while users wait. FreeBitco.in is still advertising and running its “Win a Lambo” / Golden Ticket Round 13 and other promotions, which encourages deposits and playing even while withdrawal complaints pile up. That makes the situation worse, because promotions attract more funds into an ecosystem that users claim is not paying out
  • Complaints across review and social platforms. Independent complaint threads and review pages (Trustpilot, Sikayetvar, Reddit, Facebook groups, X/Twitter) show many users reporting the same symptoms: pending withdrawals, FUN tokens not arriving, balances disappearing or being deducted, and long response times from support. These are not single isolated incidents; they are repeated, cross platform reports.

What can be proved, and what I could not verify

Proved / verifiable:

  • The company keeps public facing pages for contests and deposit/interest features (the Round 13 Golden Ticket is live on the site). That’s an active front. freebitco.in
  • There are many, many screenshots and forum posts of users saying their payouts are pending and that FreeBitco.in either did not provide a TXID or gave a TXID that never appeared on public block explorers (or appeared much later). You can find the complaints aggregated across Bitcointalk, Reddit and consumer complaint sites.

Not proven (but alleged repeatedly):

  • A single, clear, chain verified proof that FreeBitco.in has swept user balances into one cold wallet in a single “exit” transaction and then shut off payouts. I tried to find a public, labeled FreeBitco.in address or an obvious mega transaction that moves “all user funds” to another wallet; that level of on chain attribution requires either an address publicly owned by FreeBitco.in (they don't publish a general custody address) or user posted TXIDs that can be traced. Public forum complaints say TXIDs were not provided or were not visible, which itself is a strong red flag. The absence of an easily attributable massive on chain move is not evidence the site is solvent. it's evidence we can't prove their exact on chain bookkeeping from public sources alone.
  • One alleged transaction is adba98520f37b08a487c9bb9c007846b109d3c6e662bfe14c452832b7e260225, where 11.181 BTC ($1.4M) have been deposited to Binance.

How to check your own withdrawal situation (quick checklist)

  • Save the entire withdrawal email / confirmation the moment you request a payout. That email should include a pending withdrawal ID or a TXID link if the site claims the payment was broadcast.
  • If the site gives a TXID: paste it into a block explorer such as blockchain.com or blockstream.info and verify the transaction exists and to which address it was sent. If it does not exist, the site did not broadcast it. If it exists but has no confirmations, it may be stuck in mempool. If it exists and is confirmed, follow the on chain trail. (If you don't get a TXID, that is itself a red flag.) See an example explanation of this problem posted by users on public Q&A sites.
  • Record dates and support ticket IDs: these are the paper trail you will need if you escalate to your local consumer protection agency or to an exchange you interact with.
  • don't deposit more funds while your withdrawal is unresolved. Treat any promotional message as a solicitation that could increase your exposure.
  • Consider formal complaints: consumer sites, platform trust pages, and, where applicable, filing a complaint with local financial authorities or cybercrime units if large sums are involved.

So, is it a scam?

Short answer: there are strong signs pointing toward a scam or an operational insolvency. Multiple independent indicators line up:

  • Users reporting the exact same failure mode (pending withdrawals with no TXID or no arrival).
  • The platform still running big promotions and accepting deposits while not paying users. That mismatch is what makes the situation look like an exit or fractional collapse.
  • Independent review sites and dozens of forum reports corroborate the pattern across time.

That is not the same as a legally proven scam. it's evidence enough to treat the site as high risk and to act accordingly: stop depositing, document everything, and pressure for accountability.

The Lambo contest, will anyone get paid if they win?

There was a recent finish of the Golden Ticket / “Win a Lambo” Round 13. The site advertises the contest publicly. What is unclear and worrying is whether the contest winner, if selected, will be paid in practice: if the platform can't process normal withdrawals reliably, paying an outsized prize is even more questionable. Forum chatter indicates users don't expect the prize to be honored unless a verifiable on chain payment appears. In short, the promotional page is live, but the real world guarantee of the prize looks shaky.

What you should do right now if you have money there

  • Stop depositing. Don't top up referrals, FUN tokens, or BTC deposits into the FreeBitco.in wallet. The site is still running marketing that will attract fresh deposits. That is the classic exit scam behavior pattern. freebitco.in
  • Try to withdraw immediately and capture every confirmation, screenshot, and ticket ID. If the site provides a TXID, verify it on chain. If not, demand one.
  • Escalate publicly. Post your case to Bitcointalk, post the ticket ID and dates; public shaming tends to accelerate responses in some of these cases.
  • If significant funds are at risk, consider legal complaints in your jurisdiction, and report to cybercrime units. Gather all receipts, emails and timestamps.

Stay safe, and treat FreeBitco.in like a potential scam.

#FreeBitco #CryptoScam #Bitcoin #Withdrawals

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