Alby sparked controversy over its "account inactivity fee" clause, with some users' funds being deducted without their authorization

PANews reported on June 11 that according to CryptoSlate, Bitcoin Lightning Network wallet Alby has sparked controversy due to the "account inactivity fee" clause. Many users reported that their account funds were deducted without active authorization, including Yu Xian, co-founder of blockchain security company SlowMist, who said that his account was deducted about $192 (earlier news, Yu Xian said that he had recovered the assets that were transferred out of the Alby wallet ).

The focus of the dispute is the terms of service updated by Alby on May 1, which stipulates that accounts that have not been active for 12 months must pay an inactivity fee. Some users said they did not notice the email notification in time, and the highest single deduction was $5,400. Luke Gao, founder of Lnfi Network, clarified that this was a measure for Alby to transition to a self-custodial model, and the funds can still be recovered through customer service, but the community criticized the practice for suspected disguised misappropriation of user assets.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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