Key figures: 6,000 Monero (XMR) ≈ $3 M ransom demand; earlier claim of 10,000 Bitcoin (BTC) ≈ $780 M; breach disclosed last week; Italian authorities expanding investigation.
Context
Revolut reports no direct contact from hackers after a public demand by the group “IAmNotAVillain”. The group posted a 24‑hour ultimatum for 6,000 XMR. Competing claims exist: a group called “Revolut Smilik” asked for 10,000 BTC, and another actor used the site revoloot.lol. All claimant sites were offline when checked. Italian police are probing how a government email account was used to extract customer data.
Bottom Line
The breach adds reputational risk for Revolut and fuels ransomware chatter around privacy coins like XMR. Short‑term sentiment on XMR may turn negative, but broader crypto markets remain largely unaffected. Investors should watch regulatory follow‑ups in Italy and any further ransom negotiations.