
Hackers demand 6,000 XMR from Revolut; Italy opens data leak probe
- —The ransom is set at 6,000 XMR — several million dollars at current prices
- —Italy is investigating a possible data leak under the European GDPR regulation
- —Revolut has not confirmed the scale of the incident or reported negotiations with the attackers
- —Monero was chosen for its anonymity: sender, recipient and transfer amount are hidden
Why it matters: The incident increases regulatory pressure on Revolut in the EU and again raises the issue of using privacy coins for extortion.
Source: CriptoTendencias