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Shapeshift Founder Erik Voorhees Claims Revolut Shut Down His Account for Interacting With Crypto

source-logo  news.bitcoin.com 27 June 2024 09:01, UTC

Cryptocurrency entrepreneur Erik Voorhees has publicly criticized Revolut, claiming the fintech company shut down his account due to his interactions with cryptocurrencies. Despite not using Revolut’s crypto service and funding his account via fiat from an exchange, Voorhees experienced a freeze on his account for three weeks, followed by termination. This incident occurred even after providing Know Your Customer (KYC) and source of funds documentation. The company reached out to Voorhees on X in response to the public posts and he agreed to discuss further via direct messages.

news.bitcoin.com