🚨Revolut Prevents $13.5 Million in Crypto Fraud🚨

Revolut announced it blocked $13.5 million in potential fraudulent crypto transactions from June to September 2024.

By strengthening its crypto-specific security measures, the company enhanced fraud detection using AI-based monitoring and two-factor authentication. In 2023, Revolut saved customers over $590 million from fraud schemes, including deepfakes and celebrity scams. While their system efficiently handles 92% of crypto transactions, 8% require additional review.

Revolut remains committed to user safety but faces criticism for its fraud complaint handling.

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