Hello everyone.
I found this online. It’s a statement from Kraken about inactive accounts.
As stated in Section 12 of our Terms of Service, if a Kraken account is inactive for an extended period of time, Kraken may have to take certain actions concerning your account depending on your state of residence, including reporting and/or remitting the assets or the value of the assets to the state as required by state unclaimed property law. To avoid this, we encourage you to routinely sign into your account to keep it active.
I had a really hard time with other websites like Paypal and Revolut because 1 line in the 10000 lines of terms that somehow you can violate so better be safe than sorry.
If anyone had any experience with that you can share it here so others can also see.
Have a good one fellow redditors.
submitted by /u/RiddleTower
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