I checked tos aswell and I too think they have curacao licence. But wouldnt that make them have to put KYC, maybe they have problems with the law and thats causing the loss of WOF
TheQuin has said that Freebitco acquired a license to look more professional because old, three-line TOS was making them look amateur. They have also said that license adoption wouldn't affect the website in any way, which means that they would never ask for KYC documents. I know it sounds strange but that's what TheQuin said.
That is the risk when entrusting our assets to an online platform, yesterday they might be trusted but slowly there will be unexpected things that will ultimately be detrimental to investors.
Freebitco.in was the website that got many people introduced to Bitcoin. It's the website where probably most of us got their first Bitcoins. Years ago, they were giving away 1 Bitcoin every hour and also since they are one of the earliest adopters of Bitcoin, I assume their cold wallet is full of thousands of Bitcoins. Someone even posted an address of their wallet where some funds are stored but I can't find that post. If I remember correctly, they had one million USDT but I am not sure. If I find that post, I'll include that here.
You used to be able to look up their wallet on OXT.me. the problem is that that database was ran by samurai wallet and taken down. It was one of the best tools ever. I remember them having a healthy amount of BTC.
P.S. I gave you some merit. This was an interesting post. Enjoy!