Key Takeaways:
- Nick Drakon resigned as CEO of Revelo Intel after being robbed at gunpoint and forced to transfer personal and company funds.
- Drakon suspects possible internal involvement but withheld details due to safety and an ongoing investigation.
- He forfeited his stake in Revelo and promised 30% of future profits to affected members, with Vu Benson stepping in as the new CEO.
Nick Drakon, former CEO of crypto research platform Revelo Intel, resigned after being held at gunpoint and forced to transfer both personal and company funds.
On September 5, Drakon revealed that he was targeted by a sophisticated criminal group focused on his crypto assets.
CEO QUITS REVELO INTEL AFTER GUNPOINT CRYPTO ROBBERY
— Mario Nawfalβs Roundtable (@RoundtableSpace) September 9, 2024
Nick Drakon, CEO of Revelo Intel, just stepped down after a wild heist.
Dude was held at gunpoint and forced to transfer a mix of personal and company funds, including stacks from Revelo Ventures.
The robbers were total⦠pic.twitter.com/O4X1AwYwew
During the robbery, the attackers threatened his wife and infant son, and took personal funds, Revelo’s operational capital, and earnings, along with assets from Revelo Ventures.
Drakon hinted that individuals from Revelo Ventures might have been involved, but refrained from sharing more details to protect his family and the ongoing investigation.
Itβs been almost 4 years since I entered the crypto space as a somewhat βpublic figureβ and my time here has been mostly fantastic. I have met hundreds of interesting and kind people, some of whom I now consider great friends.
— Nick Drakon (@NickDrakon) September 5, 2024
My interactions with 99.5% of folks in the cryptoβ¦
In his resignation, he forfeited his stake in Revelo and pledged 30% of future profits to affected members.
Drakon apologized for mistakes that made him a target.
By now, it's widely known that an unfortunate event occurred affecting @ReveloIntel and Revelo Ventures. Specifically, it involved Nick and his family – details which are his to share, not mine (see QT).
— Vu Benson (@Vu_Benson) September 6, 2024
I've only been in this space for 3 years which, compared to most of you,β¦ https://t.co/uMWDbCNBL2
Vu Benson, former COO, has taken over as CEO.
The incident underscores growing concerns about crypto-related crime, with security experts advising against publicizing wealth or engaging in untrustworthy peer-to-peer transactions to avoid becoming a target.
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