Revolut Launches Internal Probe After Allegations

A former employee of a major fintech is accused of threatening to disclose KYC data to obtain a ransom in crypto. The case, confirmed by the company concerned, reveals a rarely discussed risk: the internal exploitation of sensitive information. In a sector where trust relies on data protection, this episode raises questions about control and security mechanisms.

Extortion accusations and the opening of an internal investigation

While wrench attacks are exploding, the former employee allegedly sought to gain an advantage by threatening to disclose private information about the crypto trader, according to reported elements. The pressure was not limited to the victim himself but also targeted his entourage. The case is based on public accusations made by the trader concerned.

Indeed, the facts include :

• Threats to publish personal data, considered an attempted doxxing ;
• Contacts with the trader’s close associates to exert pressure ;
• An alleged extortion attempt based on this private information.

Faced with these accusations, Revolut has indicated that an internal investigation is underway. The company asserts that no compromise of its systems or security breach has been identified at this stage. It also specifies that it is cooperating with the competent authorities. This situation occurs as the fintech claimed more than 65 million users in September 2025 and displayed an estimated valuation of 75 billion dollars last November.

A rise in physical attacks against crypto holders

Beyond this specific case, this phenomenon affects many crypto investors. “Wrench attacks”, which refer to physical assaults or direct threats aimed at forcing fund transfers, are experiencing notable growth. On-chain data reports a 75 % increase in this type of attack in 2025.

This context highlights a shift in risk in the crypto ecosystem. In addition to conventional cyberattacks, targeted intimidation strategies against individuals are now emerging. Security challenges go beyond the technological dimension and now include the personal protection of crypto holders.

This case reminds us that the threat is no longer limited to cyberattacks. The protection of KYC data becomes a strategic issue for the entire ecosystem. After the case of a former crypto trader kidnapped in France, a new warning signal appears: crypto security is now as much human as it is technological.