Bitcoin Wallet Begins Charging ‘Inactivity Fee’ to Users; Amounts Reach Up to $30,000
Users of a Bitcoin wallet are accusing its developers of moving their coins without permission. Numerous reports about the issue can be found on social media.
The transfers are reportedly an “inactivity fee” charged by the wallet, which operates on both the native Bitcoin network and the Lightning Network. The fee is outlined in its terms of service.
Unlike other well-known wallets, such as Electrum or Ledger, this wallet offers a shared custody solution. As a result, the developers also have access to the funds.
As an example, a user shared a screenshot showing that the developers deducted $200 in Bitcoin from their wallet. The invoice cites an “inactivity fee” as the justification.
In another post, several similar comments can be found. While some question the motivations behind these transfers, others threaten to sue the company.
“All the money in my nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qydhwumn8ghj7mn0wd68ytf39ehxymewv9hxwctwdyhxxmcle4rs5 was transferred, can you fix this? It was transferred by the official.”
“You bastard”
“Thief”
“All the money in my nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qydhwumn8ghj7mn0wd68ytf39ehxymewv9hxwctwdyhxxmcle4rs5 was transferred, can you fix this?”
“Why did you transfer my money without warning? Please provide the refund method.”
“Get ready for a lawsuit, you damn fraudulent company.”
Other screenshots show deducted amounts of $42, $117, $1047, and even $30000. In other words, it is not a fixed-value fee.
“The Alby wallet redefines the meaning of: ‘Your money is my money.’ My goodness, a new way to steal money!”
“The main reason is that, according to nostr:nprofile1qqsyv47lazt9h6ycp2fsw270khje5egjgsrdkrupjg27u796g7f5k0spr4mhxue69uhkummnw3ez6ur4vgh8wetvd3hhyer9wghxuet5qydhwumn8ghj7mn0wd68ytf39ehxymewv9hxwctwdyhxxmcle4rs5 terms of service updated in March 2025: to more efficiently manage accounts inactive for long periods, the platform withdraws the entire remaining balance from accounts that have had no transactions for 12 consecutive months,” wrote the user KuiGas.
Shit, does this apply to alby hub too?
Nah, too old and bitter for first
Second sounds fun though
I think you misunderstood my intent.
And I initially misunderstood your mouthful. It is obviously bullshit what I wrote but it very much feels like whoever is in power doesn’t give a dime if there is a dollar to be made or ego boosted.
Nobody cares about constitution, Dude
#coffeechain #catstr
Idk, the cat seems to be given full clarity on what's going on here and make its own informed choice
Yup, like a toddler eating a bar of soap
Sad that in 1954 people still thought that cats should drink cow’s milk
Congratulations man!
And do not worry.
If it feels too good- it probably is.
If you think you don’t deserve her - you’re probably right.
Either way- have fun!
I need a filter that hides posts from this person even if screenshots
Our lives are too easily interrupted.
https://video.nostr.build/bb1494f3d55002c1287f641f4dfed315c5c2a3fde7f43901a735d7d289f9ca84.mp4
Such a bullshit
I complain
Eat chicken
Then eat steak
My hope is that more people will run their own #Nostr relays powered by Nosflare. This can be done manually from source code or as a one-click, no-code deployment for a one-time zap of 21,420 sats on https://deploy.nosflare.com
Otherwise, can join the live version I run directly from the FOSS code in our git repo for a one-time zap of 2121 sats at https://relay.nosflare.com
As long as we don’t centralise #nostr and hand over control to cloudflare
I love your work
Very able GM
GM
Soo good to be able to be zappie again!!!
Almost as good as to be a zapper.
⚡️
#nostr
Don’t trust
Verify
It might not be his teeth