diff --git a/lbrynet/core/Session.py b/lbrynet/core/Session.py
index b8ef9ebcb..8ac992ec4 100644
--- a/lbrynet/core/Session.py
+++ b/lbrynet/core/Session.py
@@ -132,10 +132,6 @@ class Session(object):
         if self.node_id is None:
             self.node_id = generate_id()
 
-        if self.wallet is None:
-            from lbrynet.core.PTCWallet import PTCWallet
-            self.wallet = PTCWallet(self.db_dir)
-
         if self.use_upnp is True:
             d = self._try_upnp()
         else:
diff --git a/lbrynet/daemon/Daemon.py b/lbrynet/daemon/Daemon.py
index 652fb370e..b276aefb6 100644
--- a/lbrynet/daemon/Daemon.py
+++ b/lbrynet/daemon/Daemon.py
@@ -547,10 +547,6 @@ class Daemon(AuthJSONRPCServer):
                     config['lbryum_path'] = conf.settings['lbryum_wallet_dir']
                 wallet = LBRYumWallet(self.storage, config)
                 return defer.succeed(wallet)
-            elif self.wallet_type == PTC_WALLET:
-                log.info("Using PTC wallet")
-                from lbrynet.core.PTCWallet import PTCWallet
-                return defer.succeed(PTCWallet(self.db_dir))
             else:
                 raise ValueError('Wallet Type {} is not valid'.format(self.wallet_type))