Gunpoint Robbery Forces Crypto Firm to Lose Funds, CEO Resigns

Revelo Intel's now-former CEO Nick Drakon works with authorities to uncover a potential mole behind the brazen robbery.
Gunpoint Robbery Forces Crypto Firm to Lose Funds, CEO Resigns
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In the latest turn of events in the Crypto World, Revelo Intel, a crypto research and education platform has recently gone through a major loss due to gunpoint robbery.

According to reports, Nick Drakon, now Ex- CEO of Revelo Intel was held at gunpoint and was forced to transfer personal, company, and investor funds. Following this traumatic experience, Nick stepped down as the CEO of Revelo Intel and has now joined hands with the local police to uncover a potential mole responsible for this unfortunate theft.

As per Nick’s latest X Post on Sept 5, he said, “I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in-person attack where my wife and 8-month-old son were threatened.”

As reported by CoinTelegraph, Drakon further added, “The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. I was forced, at gunpoint, to log into several crypto accounts and transfer funds out.”

As far as further investigation is concerned, Drakon has decided to maintain a healthy distance from it to keep him and his family safe. While Nick Drakon still claims that there are hints of involvement from within Revelo Ventures, he has chosen to further himself from commentary to prevent interference with the investigation.

Plan-in-action

As Nick has stepped down as CEO of Revelo Intel, former chief operating officer Vu Benson will take over as the new CEO of Revelo.

However, to make up for the lost investment of the people, Drakon forfeited his ownership stake in Revelo. This comes as restitution to make amends and provide financial relief to those affected. Moreover, the company has pledged to distribute 30% of its future profits to impacted members, serving as a substantial demonstration of its commitment to repayment.

For his final adieu, Drakon admitted that he made “several oversights” that made him a target for theft. Further, he apologized to Revelo Ventures members who lost money from the robbery.

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