Monday, October 19, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Jack Mallers Says Strike Followed Procedures in Bitcoin Retrieval Case

Jack Mallers Says Strike Followed Procedures in Bitcoin Retrieval Case

Photo: TokenPost

Strike co-founder Jack Mallers said Strike followed required Bitcoin (BTC) transaction procedures after a user identified the wrong self-custody address while trying to retrieve Bitcoin (BTC), while the company works to help recover the funds. Mallers rejected the description of the incident as a “rug pull.” He said the issue resulted from the user identifying an incorrect self-custody address and that Strike followed the procedures required for Bitcoin transactions under the Travel Rule. The clarification addressed confusion over a user’s Bitcoin retrieval. Mallers also said he was working internally to assist the user.

Source: TokenPost

Latest in Crypto Today

All Crypto Today stories