Nick Drakon, who used to be CEO of the crypto research company Revelo Intel, quit after being robbed violently and being forced to move cryptocurrency funds. In a statement on September 5, Drakon said that he was being targeted by a well-organized group that seemed to know a lot about how he uses crypto. The thieves took more than just Drakon’s personal money. They also took company cash and investment assets.
The thieves knew the bank addresses of both Revelo Intel and its investment arm, Revelo Ventures. This made Drakon think that insiders may have been involved in the theft. Even though Drakon has some proof, he has chosen not to share more in order to protect the investigation and his family, who were also threatened during the attack.
Following the theft, Drakon chose to give up his share in Revelo Intel to help owners get back the money they lost. The company will also give 30% of its future income to the affected people to help them out. Vu Benson, who used to be the COO of the company, is now the CEO.
Drakon said he was sorry for making mistakes that could have made him a target and thanked those who lost money. Because thieves often find victims on social media and at public events, this incident shows how dangerous the crypto community still is. As cryptocurrency becomes more famous, security risks are also increasing. This means that both industry leaders and investors need to take stronger steps to protect themselves.
