Co-founder of SlowMist Yu Xian reported that nearly $192 worth of Bitcoin was withdrawn from his Alby account without his direct approval. According to Xian, the funds were withdrawn from the wallet on May 26.

$BTC
😲😲😲 Was it possible to do this?

A wallet for the Bitcoin Lightning Network called Alby has started deducting funds from dozens of users. People began reporting unexpected withdrawals from their accounts that they did not consent to. These deductions are described as a fee for inactivity.

The story gained traction on June 10 after SlowMist co-founder Yu Xian reported that nearly $192 worth of Bitcoin was withdrawn from his Alby account without his direct approval. According to Xian, the funds were taken from the wallet on May 26.
Later, he discovered that Alby had updated its terms of service a few weeks ago, adding a clause that allows fees to be deducted from inactive wallets created in 2023 or earlier if there has been no activity in the account for 12 consecutive months.

In the updated policy mentioned in an email sent to Xian on May 1, he criticized this fee, calling it a "theft agreement."