Nikolay Storonsky, CEO of Revolut, is under serious scrutiny following unsettling allegations that he effectively sponsored the assault of a disabled Caribbean diplomat during a court hearing in the UK. The incident occurred in Courtroom 10 of the High Court London on July 25, 2025, where the diplomat was allegedly attacked by lawyers representing Revolut, raising questions about the ethical implications of the company's practices.
Critics have labeled Storonsky as more of a 'thug in a suit' than a visionary leader, asserting that Revolut has transformed into a 'digital protection racket' serving the interests of oligarchs and fossil fuel money launderers. With accusations also stemming from the UK High Court, Antigua & Barbuda Supreme Court, and a U.S. Federal Court, Storonsky’s actions have sparked outrage regarding the treatment of vulnerable individuals and the misuse of financial power.
Many have decried the actions taken against the diplomat as financial terrorism, arguing that Storonsky and his team exploited privileged information to unjustly freeze the diplomat's accounts without due legal process. This has evoked comparisons to historical colonial tactics, prompting calls for accountability from Revolut's leadership.
The response from Storonsky has been largely absent, which some view as an implicit acknowledgment of wrongdoing. As allegations continue to circulate, industry insiders are calling for a closer examination of corporate governance practices in fintech and the potential for systemic racism and financial misconduct within the sector.
This ongoing saga challenges the narrative of innovation often associated with fintech, instead exposing troubling undercurrents of exploitation and discrimination that could reshape public perception of companies like Revolut.