There was a bit of discussion back then about this. I dont think I wanna dig up some old posts for this but that there was a discussion about freebitco.in actually doesnt own FUN but they purchase huge number of FUN token back then when it was cheap then sell it to their userbase at higher price. Back at that time I think FUN only have small community so its basically never made any huge fuss or whatsoever
Dont take my words for this, I can barely remember the details. happy to delete this post if Im wrong about this
This is what TheQuin told you specifically in 2021.
It isn't a misconception. We bought out the majority of the cold storage and now control the smart contract.
FreeBitco.in is not just a large stakeholder but they outright control this token. Looking at the contract information on Etherscan, we can see that ownership was changed on March 3, 2021 around the time that the premium program was launched.
https://etherscan.io/tx/0x5591ad7694cccbe41c699c32aa4ad56ed7d8490e9630a692cad0856e61b99c27Later in the month, ownership was transferred to a multisig account which was created by these new owners, that we presume to be FreeBitco.in.
https://etherscan.io/tx/0xf33855f835f62faf772a73a2ecefa824275081e5c05fdc7de46b2376d60a80aeThere have been no changes in the FUN smart contract’s ownership or in the multisig that controls it since, therefore we can assume that FreeBitco.in still owns it.