A cryptocurrency seller said a former Revolut employee tried to extort him by threatening to publish his personal information if he didn’t pay a ransom, and Revolut confirmed this and reported it to law enforcement.
A trader writing under the pseudonym TraderSZ wrote on Thursday post in case X, that the former employee threatened to reveal his identity and personal data, and also contacted members of his family. TraderSZ said relatives using Revolut had received messages aimed at pressuring him to pay.
“They checked my details and found another family member using Revolut and contacted them to force them to pay or blackmail them.”
TraderSZ has published screenshots that it says show an exchange with Revolut customer service regarding the incident. Cointelegraph reached out to TraderSZ for additional details, including what specific information was accessed and whether a formal complaint was filed, but did not immediately receive a response.
Revolut confirms the investigation and says no systems were compromised
A Revolut spokesperson confirmed that the company had reported the matter to law enforcement and that authorities were investigating the former employee’s alleged behavior.
“This case involves the unlawful and criminal actions of a third party who is a former employee,” a spokesperson told Cointelegraph. “After reviewing the incident, we have confirmed that Revolut’s security systems and data protection protocols worked as intended and there was no breach of procedure.”
A spokesman said Revolut was communicating with the affected customer.
Related: In 2025, Revolut stablecoin payment volume is estimated to grow by 156%.
Revolut is a British fintech company whose valuation in November 2025 reached $75 billion.
The platform offers a mobile banking application that exceeded 65 million users worldwide as of September 2025. It was one of the most downloaded financial services apps in 2024 in Western Europe, with 7% market penetration, According to to its annual report.
Related: Binance confirms that three employees were arrested in France during the hack
Cryptocurrency attacks threaten investors
Ransom attempts and physical attacks are becoming an increasing threat to cryptocurrency investors.
In early February, French authorities arrested six people in connection with a cryptocurrency-related kidnapping and ransom plot that targeted the judge’s partner, a cryptocurrency entrepreneur.
Throughout 2025, French authorities charged 25 suspects in cases related to kidnappings, attempted kidnappings and ransom demands.
According to cybersecurity platform CertiK, physical attacks targeting cryptocurrency investors, also known as “keyboard attacks”, also increased by 75% in 2025 to 72 verified cases worldwide.
Warehouse: Can Robinhood or Kraken tokenized stocks ever become truly decentralized?
