• 29 September, 2024
Market News

Crypto CEO Resigns After Gunpoint Theft of Company Funds

Nick Drakon, CEO of Revelo Intel, resigned after being robbed at gunpoint and forced to transfer personal, company, and investor funds. In a post on X, Drakon revealed that a group targeted him, knowing the deposit addresses for his crypto businesses. The thieves threatened his family and stole personal and company assets. Drakon suspects an inside job but refrains from sharing more details, citing safety concerns. Vu Benson, former COO, will take over as CEO. Drakon has returned some funds to investors and plans to contribute future profits to impacted parties.

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