Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals

Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals

Alby, a Bitcoin Lightning Network wallet, is facing mounting criticism after several users reported unexpected withdrawals from their accounts. The deductions, described as inactivity fees, have raised concerns about transparency and custodial risks. Community complaints against Alby The controversy gained traction on June 10 after Yu Xian, co-founder of blockchain security firm SlowMist, disclosed that […]

Alby faces backlash over ‘inactivity fees’ leading to unexpected Bitcoin withdrawals Read More »