Gairika Mitra
Nick Drakon, the founder of Revelo Intel, a top crypto research platform, shared a personal experience of an in-person attack targeting him and his family recently.
In his post on X, Drakon said a highly sophisticated group threatened him and his family. Drakon has been involved in the crypto space for almost four years and has built strong connections and business ventures in that period.
He noted in his post that he has had positive and productive experiences with almost 99.5% of people. But a recent turn of events altered everything.
Drakon claimed that the attack was not random, claiming that the assailants had specific knowledge of his crypto businesses. This included the deposit addresses associated with them.
“I was forced, at gunpoint, to log into a number of crypto accounts and transfer funds out. The funds stolen comprised personal funds, Revelo Intel working capital & retained earnings, as well as Revelo Ventures (an investment syndicate) funds for deals awaiting settlement,” he said.
The founder took swift action following the attack to ensure his family’s safety. He also shared the unfortunate news that he took the difficult decision to step down as CEO of Revel oIntel. Vu Benson, a respected employee of the company, has taken over his position.
Drakon admitted to making several mistakes during his tenure. “The mistakes compounded which increased the risks involved unnecessarily and potentially led to me becoming a target. These mistakes are unacceptable for someone in my position to make,” according to the former CEO.
He mentioned that he owned up to his mistakes and now regrets them and is now focusing on assisting law enforcement. He wants to make sure the culprits are apprehended, and payback of funds is generated to Ventures members.
Towards the end, Drakon added he has forfeited all financial interest in Revelo Intel, and Benson will direct 30% of the company’s profits toward repaying the affected members.
He also added he got overwhelming support from the community, however, acknowledged being labeled a scammer by others. He advised the latter to educate themselves by going to conferences and meet people face to face in order to avoid risks.
“If you are someone who is known to control large sums of money, you are a target and it is not difficult at all to get to you. I urge you all to spend some time evaluating your exposure and recalibrating how you operate,” he concluded.
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Gairika holds positions in BTC. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
