SlowMist Cosine: The process of retrieving funds from Alby's custodial wallet is cumbersome and causes significant wear and tear

PANews reported on June 11 that SlowMist founder Yu Xian released a follow-up update on "Alby escrow wallet balance was transferred away by the platform", saying "Alby has too many tricks. Although the funds have been returned, the successful withdrawal process is cumbersome (although I fully understand the mechanism of doing so). In the end, only $153 of the $191 funds were successfully withdrawn, and more than $30 was lost in the process."

Earlier news reported that Alby caused controversy due to its "account inactivity fee" clause, and some users' funds were deducted without active authorization.

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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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