TREE NEWS reports: A hacking group is demanding $3 million in Monero from Revolut and threatening to sell stolen customer data, saying it scanned the blockchain to pick Revolut accounts holding significant crypto. The extortion attempt targets the UK fintech’s crypto-holding customers, with the group claiming it selected its victims by on-chain analysis of wallet balances.
Revolut Hackers Demand $3M Monero Ransom, Threaten to Sell Customer Data
The notable shift here is the selection method: rather than mass data theft, the group claims to have used on-chain balance analysis to triage targets, which reframes public blockchain transparency as a targeting tool rather than a privacy feature. That matters most for exchanges and fintechs whose customer identities can be linked to visible wallet balances. Whether ransom-driven data extortion against crypto-holding customers becomes a repeatable playbook, and how firms reconcile on-chain visibility with customer privacy, is the open question.
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