$ETH A Bitcoin wallet withdrew the funds of its users

Users of the BTC wallet Alby report that their funds are being withdrawn due to a controversial clause in the Terms of Service. Alby reserves the right to withdraw funds from inherited wallets that have been inactive.

"Give me back my BTC," "How is this different from theft": complaints from those affected.

Alby, a bitcoin (BTC) wallet, is facing controversy following reports from users claiming that their funds were withdrawn without consent. According to complaints on X from June 10, Alby enforced a clause in its terms of service that allows for the deduction of the full balance from users' inherited accounts.

Alby, which offers solutions based on the Lightning Network (LN), reserves the right to withdraw the total balance from inherited wallets created from 2023 onwards if they do not record transactions for a continuous year, according to clause number 12 of the Terms and Services, as seen in the following image (this measure would not affect other types of accounts): The complaint from users after losing their bitcoins

On X, several users have expressed their outrage. One affected individual stated: "Anyone using Alby, please check if your bitcoins are still there. Many, including myself, reported that our bitcoins were transferred and deleted. I checked the terms and found that they added that if you are inactive, they can take all your money. It's too shady! How is this different from theft?"

That same person also warned about the precedent this sets: "If all wallets do the same, wouldn't this be 'legal' theft? Some have lost thousands of dollars. This cannot be explained by an unfair clause!" They also added a screenshot showing the withdrawal of their BTC, subject to an "inactivity fee":