{"id":16800,"date":"2024-09-09T12:19:14","date_gmt":"2024-09-09T09:19:14","guid":{"rendered":"https:\/\/forklog.com\/en\/former-revelo-intel-ceo-transfers-company-funds-to-extortionists\/"},"modified":"2024-09-09T12:19:14","modified_gmt":"2024-09-09T09:19:14","slug":"former-revelo-intel-ceo-transfers-company-funds-to-extortionists","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/former-revelo-intel-ceo-transfers-company-funds-to-extortionists\/","title":{"rendered":"Former Revelo Intel CEO Transfers Company Funds to Extortionists"},"content":{"rendered":"<p>Nick Drakon, the former CEO of the educational and research crypto platform Revelo Intel, fell victim to an armed extortion attack.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s been almost 4 years since I entered the crypto space as a somewhat \u201cpublic figure\u201d and my time here has been mostly fantastic. I have met hundreds of interesting and kind people, some of whom I now consider great friends.<\/p>\n<p>My interactions with 99.5% of folks in the crypto\u2026<\/p>\n<p>\u2014 Nick Drakon (@NickDrakon) <a href=\"https:\/\/twitter.com\/NickDrakon\/status\/1831719184041906286?ref_src=twsrc%5Etfw\">September 5, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He recounted that unknown assailants tracked him down and forced him at gunpoint to transfer funds from personal and corporate cryptocurrency wallets. The thieves also threatened Drakon&#8217;s wife and child.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe group was particularly interested in crypto assets and knew the deposit addresses belonging to the business I manage,\u201d he wrote.<\/p>\n<\/blockquote>\n<p>The stolen assets included personal savings, working capital, and undistributed profits of Revelo Intel, as well as funds from the firm&#8217;s investment division, Revelo Ventures.<\/p>\n<p>Drakon indicated that employees of his company might have been involved in the attack.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThere is some evidence to suggest that someone in the Ventures division is either part of the group or passing information to them,\u201d the businessman noted.<\/p>\n<\/blockquote>\n<p>He provided no further details about the incident to avoid jeopardizing the ongoing investigation and putting his family at \u201ceven greater risk.\u201d<\/p>\n<p>In light of the situation, Drakon stepped down as CEO of Revelo Intel and relinquished his stake in the company. The former <span data-descr=\"chief operating officer\" class=\"old_tooltip\">COO<\/span>, Vu Benson, became the new head of the firm.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">By now, it&#8217;s widely known that an unfortunate event occurred affecting <a href=\"https:\/\/twitter.com\/ReveloIntel?ref_src=twsrc%5Etfw\">@ReveloIntel<\/a> and Revelo Ventures. Specifically, it involved Nick and his family \u2014 details which are his to share, not mine (see QT).<\/p>\n<p>I&#8217;ve only been in this space for 3 years which, compared to most of you,\u2026 <a href=\"https:\/\/t.co\/uMWDbCNBL2\">https:\/\/t.co\/uMWDbCNBL2<\/a><\/p>\n<p>\u2014 Vu Benson (@Vu_Benson) <a href=\"https:\/\/twitter.com\/Vu_Benson\/status\/1832084191795675418?ref_src=twsrc%5Etfw\">September 6, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Thirty percent of Revelo Intel&#8217;s profits will be allocated to compensate affected investors.<\/p>\n<p>Drakon admitted to making \u201cserious mistakes\u201d that made him a target for criminals.<\/p>\n<p>Earlier, ForkLog reported that Ukraine&#8217;s cyber police detained four individuals suspected of extorting 250,000 USDT from an online business owner.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nick Drakon, the former CEO of the educational and research crypto platform Revelo Intel, fell victim to an armed extortion attack. It\u2019s been almost 4 years since I entered the crypto space as a somewhat \u201cpublic figure\u201d and my time here has been mostly fantastic. I have met hundreds of interesting and kind people, some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,26],"class_list":["post-16800","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=16800"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/16800\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/16799"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=16800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=16800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=16800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}