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ETH $2,153.51 +0.79%
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SOL $81.67 -4.53%
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LINK $8.64 -2.97%
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AAVE $122.61 -3.42%
SUI $0.9679 -0.68%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%
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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

2025-06-10 17:20:41
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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)."

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