Wait. Are you saying that they sold BTC to buy ETH and/or FUN tokens? Or that it was withdrawn, since the difference between the $114M and $10M is very large. It could also be that they have a lot of bitcoin at addresses we don't know about, as bitcoin withdrawals, with all the delays and problems there are, are being processed, meaning that from somewhere they are being paid. The bad thing about this is how mysterious it all is, and that no one will show their face or give an official statement. I think they are holding the ship as long as they can until it can't hold on any longer and sinks.
That is probably the strategy they are playing currently but I wonder what good will it be to them ?
Won't it just cause a bad name to their reputation instead ?
If at all they considered quitting then they should have simply made an announcement instead.
I too think that there is no strategy being played by them or even if they are trying to play any strategy they are just losing their business and the trust of the gamblers.
First thing for every casino is operate normally and have all the functions running properly and have the withdraws and deposit smoothly. Any strategy where this normal operation is hurted , it is just the fail of the strategy in this business. I do not know whether they want to quit or not because quitting with dignity was a very easy way but to keep on letting it run like this won't help them.
I like the last part of your comment, that is very correct and I completely agree, I believe no body is stopping freebitco from quiting the business if they are already tired, I mean, they have served the bitcoin and cryptocurrency community, as well as the gambling community very well since they moved from being just a bitcoin Faucet to becoming a gambling casino as well, they have done well and have helped on board alot of people into crypto the early days of the site, and maybe they still do even to this very day.
The platform gained not just the trust of the community, but they also gained respect and good reputation. If at all the management feel they can no longer run the platform, there is nothing wrong with quitting honorably, several platforms, exchanges have quited this way, and the management maintained their trust and reputation, freebitco can do same instead of allowing users face alot of issue and complain everyday with no solution in sight, not even a customer rep to attend to customers issues on the site.