diff --git a/ChangeLog.md b/ChangeLog.md
index 4d41ed58fd..a7b2d79c31 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -1,6 +1,4 @@
 ## Client Versions ##
-* v9.49.5 (???)
-	* automatically spend 1‐of‐`N` multisig outputs
 * v9.49.4 (2014-02-05)
 	* reconceived this package as a libary
 	* moved CLI to new repository: `counterparty-cli`
diff --git a/counterpartylib/lib/backend/__init__.py b/counterpartylib/lib/backend/__init__.py
index 40fbdb9606..227cdefde7 100644
--- a/counterpartylib/lib/backend/__init__.py
+++ b/counterpartylib/lib/backend/__init__.py
@@ -110,20 +110,14 @@ def get_btc_supply(normalize=False):
     return total_supply if normalize else int(total_supply * config.UNIT)
 
 def is_vout_spendable(vout, source):
-    # TODO: Support multi‐sig sources.
     source = script.make_canonical(source)
     scriptpubkey_hex = vout['scriptPubKey']['hex']
     c_scriptpubkey = bitcoinlib.core.CScript(bitcoinlib.core.x(scriptpubkey_hex))
     vout_address = script.scriptpubkey_to_address(c_scriptpubkey)
     if not vout_address:
         return False
-    if script.is_multisig(vout_address) and not script.is_multisig(source):
-        signatures_required, pubkeyhashes, signatures_possible = script.extract_array(vout_address)
-        if signatures_required == 1 and source in pubkeyhashes:
-            return True
-    else:
-        if vout_address == source:
-            return True
+    if vout_address == source:
+        return True
     return False
 
 def get_unspent_txouts(source, return_confirmed=False):