Revolut: Whistleblower

[JollyGood]

Revolut whistleblower had concerns over CEO conduct and compliance

In so many cases involving companies of all manners, there is a massive disconnect between the CEOs and the rest of the team especially compliance officers. In many cases the CEOs have an idea about the future path of the company and want to stick to it regardless of what advice other employees and investors give.

What do you think will be the outcome for Revolut when the dust settles?

Will it be able to recover from the negative news that currently surrounds it?

With the sheer numbers of customers and growing base it might mean Revolut can overcome the bad press and move forward but it could also spell disaster if customers move away.

Full story: https://www.bbc.co.uk/news/technology-47751945

[alisafidel58]

What do you think will be the outcome for Revolut when the dust settles?

I think that it will be a guilty verdict.

Will it be able to recover from the negative news that currently surrounds it?

If the investigation would be finished and found out that the whistleblower said were true then I doubt that the can recover anymore.

[JollyGood]

What do you think will be the outcome for Revolut when the dust settles?

I think that it will be a guilty verdict.

Will it be able to recover from the negative news that currently surrounds it?

If the investigation would be finished and found out that the whistleblower said were true then I doubt that the can recover anymore.

I think the reputation has been adversely affected no matter what the final result of the claims made by the whistle-blower and investigated by the authorities.

This might be a perfect excuse/reason for the authorities to start looking at other crypto related companies as well, just to see what they might be hiding.

[Ailmand]

What do you think will be the outcome for Revolut when the dust settles?

I think that it will be a guilty verdict.

Will it be able to recover from the negative news that currently surrounds it?

If the investigation would be finished and found out that the whistleblower said were true then I doubt that the can recover anymore.

I think the reputation has been adversely affected no matter what the final result of the claims made by the whistle-blower and investigated by the authorities.

This might be a perfect excuse/reason for the authorities to start looking at other crypto related companies as well, just to see what they might be hiding.

True, well we cannot really blame if this happens. The government would've been alarmed because of this. Without proper compliance cryprocurrency companies can be used in illegal activities, fraud, and money laundering.