Alby, a widely used app among Bitcoin enthusiasts, is facing criticism from the community. According to recent reports, the platform has allegedly withdrawn funds from inactive Bitcoin wallets — without the users’ explicit consent.

🔍 What Happened?

Multiple users on forums and social media claim that Alby reset balances in certain shared wallets that had seen no activity for 12 months. The issue appears to affect older accounts created in 2023 or earlier.

While users argue they were not properly warned, Alby maintains that the policy was clearly stated in its terms of service.

📜 What Do Alby’s Terms Say?

According to Alby’s official website, shared wallets tied to inactive accounts may have their remaining balances removed after 12 months of no transactions. The company says this measure was introduced to “help manage inactive accounts.”

Alby insists users have been informed about this rule for a long time, but many argue the notices were not visible or clear enough.

🎯 Who Is Affected?

This controversial practice does not apply to active accounts. It also does not impact:

🔹 actively used wallets

🔹 Alby Hubs

🔹 fee credit balances

🔹 externally connected wallets

⚡ What Is Alby?

Alby is a popular browser extension that allows users to send and receive Bitcoin payments using the Lightning Network — directly through their web browser.

It's especially favored by Bitcoin users looking for a simple and efficient way to handle BTC without separate apps or hardware wallets.

💬 Final Thoughts

The crypto community is calling for more transparency and clearer communication from Alby, particularly regarding how the platform handles prolonged account inactivity. While the company defends its move as a technical necessity, critics see it as unjustified seizure of crypto assets.

❗ Are you using Alby? Check your account activity — you don’t want to be the next surprised user.



#CryptoWarnings , #bitcoin , #CryptoSecurity , #CyberSecurity , #CryptoNewss

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!

Notice:

,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“