mrmeadow on Nostr: Buddy just sent me this. What the post fails to mention: New law (2025): Dormant ...
Buddy just sent me this. What the post fails to mention:
New law (2025): Dormant exchange accounts (3+ years no activity) get transferred to state custody just like forgotten bank accounts.
• Reclaimable forever
• Held as crypto (no forced sale)
• ONLY on exchanges (custodial)
• Self-custody wallets? Totally safe!
It’s seemingly consumer protection, not government grab although some California politician will certainly try and do something stupid with this law.
#NotYourKeysNotYourCoins still wins!
Published at
2025-12-27 01:45:16 CETEvent JSON
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"pubkey": "147ac18e058e8979625d050454be40dc19b474dadd1462bf3fac4d28ef1ca1ba",
"created_at": 1766796316,
"kind": 1,
"tags": [
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"content": "Buddy just sent me this. What the post fails to mention:\n\n\nNew law (2025): Dormant exchange accounts (3+ years no activity) get transferred to state custody just like forgotten bank accounts.\n• Reclaimable forever\n• Held as crypto (no forced sale)\n• ONLY on exchanges (custodial)\n• Self-custody wallets? Totally safe!\n\nIt’s seemingly consumer protection, not government grab although some California politician will certainly try and do something stupid with this law. \n\n#NotYourKeysNotYourCoins still wins! \nhttps://blossom.primal.net/9a9ede0916e85c1be588a05b764fd233ec15b04d22b4d051e67d63fedcf69b53.jpg",
"sig": "65663a7f4e6fe3657218a1262e584b7026d8dd91c18c5fe1b6f912c5d60be87d21581ef6e8d2e5d730b6dd70ed02e6bf887f8693bdee33575a239ccf3f7907b8"
}
