A cryptocurrency dealer stated a former Revolut worker tried to extort him by threatening to publish his private data except he paid a ransom, an allegation that Revolut has confirmed it reported to legislation enforcement.
The dealer, who posts below the identify TraderSZ, wrote in a Thursday submit on X that the previous worker threatened to reveal his identification and personal particulars and in addition contacted members of his household. TraderSZ stated family members who used Revolut acquired messages looking for to strain him into paying.
“They appeared up my particulars and located some other member of the family utilizing Revolut and contacted them to drive to pay up or be blackmailed.”
TraderSZ posted screenshots he stated present exchanges with Revolut’s buyer assist relating to the incident. Cointelegraph contacted TraderSZ for added particulars, together with what particular data was accessed and whether or not a proper grievance had been filed, however didn’t instantly obtain a response.
Revolut confirms investigation, says no methods breached
A Revolut spokesperson confirmed that the corporate has reported the matter to legislation enforcement and that authorities are investigating the alleged conduct of a former worker.
“This matter pertains to the illegal and prison actions of a 3rd get together, who’s a former worker,” the spokesperson informed Cointelegraph. “Following a overview of the incident, we have now confirmed that Revolut’s safety methods and information safety protocols operated as meant and there was no procedural breach.”
The spokesperson stated Revolut is in communication with the affected buyer.
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Revolut is a British fintech firm that reached a $75 billion valuation in November 2025.
The platform gives a cellular banking utility that surpassed 65 million international customers in September 2025. It was some of the downloaded monetary providers purposes in 2024 throughout Western Europe, with a 7% market penetration, based on its annual report.
Associated: Binance confirms worker focused as three arrested in France break-in
Crypto ransom assaults are threatening traders
Ransom makes an attempt and bodily assaults have gotten an rising risk to cryptocurrency traders.
In early February, French authorities arrested six folks in a kidnapping and cryptocurrency-linked ransom plot focusing on the Justice of the Peace’s accomplice, a crypto entrepreneur.
All through 2025, French authorities charged 25 suspects in circumstances associated to kidnappings, tried kidnappings and ransom calls for.
Bodily assaults focusing on cryptocurrency traders, also referred to as “wrench assaults,” additionally elevated by 75% throughout 2025 to 72 verified circumstances worldwide, based on cybersecurity platform CertiK.
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