Community feedback: The self-hosted wallet Alby has been accused of deducting user balances, and its terms of service support clearing out long-inactive old wallets created before 2023
Jun 10, 2025 17:20:41
ChainCatcher message, multiple community users reported that their balances in the self-hosted Bitcoin wallet Alby were "stolen," allegedly deducted by Alby. Alby's updated terms of service in March 2025 state: "Users have been notified for over a year to withdraw excess funds from their old Alby accounts created in 2023 and earlier that use the shared wallet architecture. In order to manage these long-term inactive accounts more effectively, we reserve the right to deduct the entire remaining balance from such accounts after 12 consecutive months of no transaction activity (i.e., no completed transactions)."

Related Projects
Latest News
ChainCatcher
Dec 29, 2025 09:12:15
ChainCatcher
Dec 29, 2025 09:09:50
ChainCatcher
Dec 29, 2025 09:05:54
ChainCatcher
Dec 29, 2025 09:02:52
ChainCatcher
Dec 29, 2025 09:00:05


