Bitcoin activity, passports exposed after Revolut falls for fake government request
60-second summary
Revolut mistakenly complied with a counterfeit government request, handing over customers’ passports, selfies and home addresses, though no funds were stolen. The digital bank later confirmed the fraud, prompting a swift internal review and tighter verification protocols. This breach highlights persistent security vulnerabilities in fintech services, urging regulators and investors to scrutinize data‑privacy safeguards across the crypto‑friendly banking sector.
Passports, selfies and home addresses were also handed over after the digital bank treated a fraudulent request as legitimate, but no customer funds were lost.