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Replying to Avatar WienerMemer

Please share:

Alby users are claiming that their funds have been confiscated. Alby has a clause that allows them to do this:

“To manage these inactive accounts effectively, we reserve the right to deduct the entire remaining balance from a user's inherited Alby account with a shared wallet after 12 consecutive months of inactivity, defined as the absence of completed transactions during that period."

https://getalby.com/terms-of-service

But this expropriation reaffirms that if they're not your keys, they're not your bitcoins.

https://www.criptonoticias.com/tecnologia/wallet-bitcoin-extrajo-fondos-usuarios-alby/

https://x.com/1999_eth/status/1932354802723484042

https://x.com/bitmoyu/status/1932357230273466590

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nicodemus 6mo ago

Saw this coming months and months ago.

People are still too cavalier with their sats. There will be much regret later.

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