Hackers demand 10,000 BTC ransom from Revolut, worth $780 million
- —The ransom is 10,000 BTC, or roughly $780 million at the current price
- —The attack was carried out via an email from a spoofed government agency domain
- —The leak includes transaction history, selfie verification and documents
- —Revolut said a "limited" number of customers were affected
Why it matters: The incident damages Revolut's reputation amid plans for an IPO at a $200 billion valuation and heightens risks for crypto custody services.
Source: Finbold