Alby Users Report Missing BTC from Inactive Wallets, Sparking Concerns About Transparency and Wallet Policies

Users of the Alby Lightning Network wallet are raising concerns about unexpected withdrawals of Bitcoin funds from their inactive accounts. According to reports shared by @1999_eth, a prominent figure in the Web3 space, these withdrawals took place without explicit user consent. Alby’s terms allow for the removal of BTC from inactive legacy wallets after 12 months, potentially triggering this action. Users express outrage and question if similar policies could be applied to other major wallet providers. Arkham Intelligence discovered previously undisclosed Bitcoin addresses linked to Strategy’s holdings of over 70,816 BTC, sparking debate about transparency in corporate asset management. This situation highlights the need for clear communication from companies regarding how inactive accounts are managed and the potential implications for policy and user trust.