Yeah, I agree that pre-generated private keys is crazy...
I can see scammers using this in their advantage.
I do agree that we need some easy wallet for masses, but not like this.
Also, whats up with this beta testing?
I tried to apply few times and It is simply NOT working.
They use a 2 step process done in 2 separate locations still possible for them to steal funds? Yes, but so far they have not. If that worried about the security but still want to use one, get the pro series. Even if you lose the wallet whoever finds it still needs the passphrase that only you know.
And beta testing for what?