Nick Drakon, the CEO of Revelo Intel, has stepped down following a shocking incident where he was held at gunpoint and forced to transfer personal and company funds. In a September 5th post on X, Drakon revealed that a sophisticated group targeted him, threatening his family and demanding access to his crypto assets.
The thieves stole his personal funds, Revelo’s working capital, retained earnings, and money from Revelo Ventures, the company’s investment arm. Drakon also mentioned that the criminals knew specific crypto addresses related to his businesses.
Adding to the distress, Drakon claimed there’s evidence suggesting someone from Revelo Ventures might have been involved or provided information to the attackers. However, he has chosen not to disclose more details to avoid compromising the ongoing investigation and to protect his family.
Drakon, said, “The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.”
Former COO Vu Benson will now lead Revelo Intel. Drakon has relinquished his interest in the company and pledged that 30% of Revelo’s profits will go to affected members. He apologized for the mistakes that made him a target and is focused on aiding law enforcement and facilitating the recovery of stolen funds.
Drakon’s resignation follows a recent crime in Ukraine where four suspects kidnapped and murdered a foreign national, stealing $170,000 in Bitcoin. Jameson Lopp, a Bitcoin cypherpunk, advises against flaunting wealth or engaging in peer-to-peer trades with unknown individuals to avoid such risks.
Drakon’s departure underscores the risks faced by public figures in the crypto space. He plans to step away from the spotlight and reassess his future with his family.
Also Read: FBI Arrests 2 Men Planning Violent Robbery of Bitcoin Worth Millions
