Revolut Faces Extortion Scandal as Ex-Employee Threatens KYC Data Leak for Crypto Ransom
A former Revolut employee stands accused of attempting to extort a cryptocurrency trader by threatening to leak sensitive Know-Your-Customer (KYC) data unless paid in digital assets. The alleged perpetrator reportedly accessed the victim's personal information through internal systems, then escalated pressure by contacting family members who also used Revolut's services.
The incident, disclosed publicly by trader TraderSZ on social media platform X, highlights growing concerns about insider threats in crypto-adjacent financial services. Revolut confirmed the matter was reported to law enforcement, emphasizing no systems were breached in the incident.
This case emerges alongside troubling statistics showing a 75% increase in physical attacks targeting crypto investors in 2025, with French authorities recently charging 25 suspects in connection with kidnapping and crypto ransom schemes.
