Revolut faces massive backlash after Tristan Tate alleges app locked account with $700,000

Revolut is one of the popular digital banking apps that has gained a significant user base for its convenient and innovative financial services.

However, the Revolut app is being massively criticized after an allegation made by Tristan Tate that his account was locked with a staggering $700,000 inside (1,2,3,4,5).

Tate claimed in a tweet that not only was his account locked for five months, but there was also no explanation provided.

Revolut app criticized after Tristan Tate allegation

These allegations of a substantial account lockdown have sparked outrage and ignited a wave of concern among Revolut users and the wider public. Several have even come out raising their voice supporting Tristan Tate.

Hey @RevolutApp are you going to explain publicly where you have stolen $700,000
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@RevolutApp are depraved and degenerate scammers that steal money.@TateTheTalisman for reference.
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The incident has undoubtedly highlighted the vulnerability of digital banking platforms. Exasperated users are now asking the company to shed light on the matter (1,2,3).

Some people are even aggressively asking the company to return the money to the rightful owner (1,2,3). This incident may make people question whether their personal funds are indeed secure or not.

What’s more concerning is the fact that a section of Revolut users have also made similar allegations. They claim that the app locked some of their funds for months as well without providing any justification.

Revolut is good for low spending money, I had blocked 50.000 EUR, and released only after 6 months.. they been asked documents to proof source of funds, after I give all documents they started to ask more intimate and personal documents. trust me not worth.
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I stopped banking with them a long time ago. They did the same with me (although not as much!) I dont trust them and nor should anyone else.
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No official comment in sight

Revolut has not commented anything on the matter where the app is getting massively criticized after Tristan Tate’s allegations.

But it’s very important for Revolut to take swift action to address the concerns raised by the controversy.

We hope that the team sheds some light on the issue at the earliest. And when they do, we’ll be updating this space so make sure you stay tuned.

Note: We have more such stories in our dedicated Apps section, so make sure to follow them as well.

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