Bitvavo controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile4 entries
2025
Resignation of Mark Nuvelstijn
Mark Nuvelstijn resigned as chief executive after media reports alleged links involving money laundering and insider trading. The allegations were reported in connection with the leadership transition.
2024
Customer data-security reports
Reports described a limited customer data breach and later raised questions about long-term management access to customer data.
2023
Gemini lending exposure
Bitvavo faced financial concerns after lending approximately €280 million to Gemini amid difficulties affecting the broader Digital Currency Group and Gemini ecosystem.
2022
Temporary exposure of user data
A technical misconfiguration exposed personal information belonging to eight users for approximately 15 minutes. Bitvavo said funds were unaffected and reported the incident to the Dutch Data Protection Authority.