Revolut Crypto Trading Trusted Friend CIFAS Marker Removal
Crypto trading with trusted friend — Misuse of Facility marker filed by Revolut. Removed in 2 weeks.
How Revolut files CIFAS markers for crypto trading with friends
Our client was trading cryptocurrency informally with a trusted friend — buying and selling Bitcoin between their accounts. The friend would send fiat currency to the client's Revolut account, and the client would transfer cryptocurrency in return. Revolut's automated fraud systems flagged the pattern of incoming payments from the same person and filed a Misuse of Facility marker. The client was conducting genuine peer-to-peer cryptocurrency trades.
What the CIFAS report showed about this Revolut marker
The report confirmed Misuse of Facility — Funds Received, filed by Revolut Limited. Our OCR analysis showed the filing was based entirely on transaction pattern matching — multiple payments from the same source. There was no evidence in the report that Revolut had investigated whether the activity was legitimate trading.
How we challenged this Revolut crypto friend CIFAS marker
The system generated a complaint demonstrating that the transactions were legitimate cryptocurrency trades with a known and trusted counterparty. The complaint argued that informal crypto trading between friends is a legal activity, that Revolut had not investigated before filing, and that the marker was inaccurate under UK GDPR because it characterised legal activity as fraud.
How this Revolut crypto friend CIFAS marker was removed
Revolut reviewed the complaint and the supporting evidence of the cryptocurrency trading relationship. The marker was removed within two weeks.
Start your crypto trading CIFAS marker removal
If you were trading cryptocurrency with friends or contacts and Revolut filed a CIFAS marker, the marker may be challengeable. Legitimate crypto trading is not fraud. Upload your CIFAS report and start your case today.