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Nick Drakon has resigned as CEO of Revelo Intel, a {crypto} research and education platform, following a violent incident in which he was reportedly held at gunpoint and coerced into transferring personal, company, and investor funds. Drakon, who has stepped down amid ongoing investigations, has suggested that there may be an internal element involved in the robbery. However, he has refrained from disclosing further details to avoid jeopardizing the investigation and increasing risks to his family.
Former Chief Operating Officer Vu Benson will assume the role of CEO at Revelo Intel. In an effort to address the financial impact of the incident, Drakon has relinquished his interest in the company and committed to returning a portion of the stolen funds to affected members. Additionally, 30% of the company’s future profits will be allocated to compensate those impacted by the theft.
The incident is notable in the context of recent criminal activity involving cryptocurrency. It follows a high-profile case in Ukraine, where four suspects were alleged to have kidnapped and murdered a foreign national, absconding with Bitcoin valued at $170,000.
Jameson Lopp, a {Bitcoin} (BTC) cypherpunk, has highlighted the risks associated with crypto transactions and social media exposure. He advises against engaging in peer-to-peer trades with unfamiliar parties, displaying wealth on social media, and wearing cryptocurrency-branded clothing, as these actions can attract unwanted attention and increase vulnerability to theft.
This series of events underscores the importance of security and caution in the cryptocurrency sector, particularly in safeguarding against internal and external threats.
