Alby has sparked controversy over the "account idle fee" clause, with some user funds being deducted without active authorization

PANews
PANews|Jun 11, 2025 01:28
According to CryptoSlate, the Bitcoin Lightning Network wallet Alby has sparked controversy over the "account idle fee" clause. Multiple users have reported that their account funds were deducted without active authorization. Among them, Cosine, co-founder of blockchain security company SlowMist, claimed that his account was deducted about $192 (earlier news, Cosine claimed that he had retrieved the Alby wallet from which the assets were transferred). The focus of the dispute lies in Alby's updated terms of service on May 1st, which stipulate that inactive accounts for 12 months must pay an idle fee. Some users reported not paying attention to email notifications in a timely manner, with the highest single deduction reaching $5400. Lnfi Network founder Luke Gao clarified that this is a measure for Alby to transition to a self custody model, and funds can still be recovered through customer service. However, the community criticized this practice as suspected of disguised misappropriation of user assets.
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