Robbery involving sending of crypto to the robbers

[_act_]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

[Adbitco]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

The truth is there are people who are not trusted in the company and these people are those who regularly asked about information of the company and how much is in the company custody. Most times when you see a hack or launched attachment it's from internal attack where you wouldn't know who disseminate information to launched the attached that would affect the company or exchange.

Most times the codes are being released to people from internal staff, that is why as the head owner of the company or CEO there should be some point where the company should use an multiple sig wallet where you need your secretary and financial secretary and treasurer to signed before fund can be transferred.

If this was so I didn't these could point gun at him to transfer all his fund to them and of course the address where he send funds can be tracked and trace to know if it's exchange address, and if yes he can write to exchange to freeze account and fund till further noticed.

This is very bad tho, nowadays it's very hard to trust staff and co-worker because you wouldn't know their real motive of joining the company.

[Marvelockg]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

for incidence like this to pull off effectively, it always involves an insider that's feeding those that did this with information that aids them to carry out this act. For his crypt to be the target, then it should send some clue to him regarding who it could be linked to but then, it could an intentional case where someone is framed to be looked at as a potential Brian behind this sort of act.

Wouldn't it be possible to freeze such account that received the crypto or trace the movent of the funds if it's somehow linked to an exchange that does kyc? Don't know how protective the concept of anonymousity prevents account from being traced but it might br possible to trace the way the transaction goes.

[Barikui1]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

Well in my own point of view, it's very much obvious that someone close to him, someone that is aware of his holdings is the one that orchestrate such robbery, and if they really want to fish out the perpetrator of the robbery incident, then the first set of suspect is those persons that are aware that he is holding such an  asset, because I am very much positive that people can only attack what they are aware of, so it's only those people that knows that he is holding such an amount of digital asset that that can orchestrate such robbery.

Finally, when reading this, the only thing that came into my head is that this robbery incident cannot be possible if all his holdings, plus his company asset was in secret, so what am trying to say is that, as we are acquiring more Bitcoin or several digital asset, we should try our possible best to keep it as a secret, because revealing your holdings to people will only make you a target for robbers if care is not taken .

[Alphakilo]

In all of the dozens of crypto robbery or wrench stories I have read online, I have learned that not a single one of them was a coincidence. They didn't just happen.

Read this sentence again by the CEO

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

These robberies are well planned and perfected orchestrated mostly not by strangers but someone who knows you. Unfortunately for somebody like the CEO everyone already knows he has crypto and this is not even a case of "keep a low profile" because by virtue of your position, you can't.

For people high profile targets like this, what's is left of them to do is, have a budget for a tight security team. It helps.

[Apocollapse]

For people high profile targets like this, what's is left of them to do is, have a budget for a tight security team. It helps.

Imagine you've hire few securities to secure your home and body guards to protect you against bad people, but turns out both of securities and bodyguards are working each other to attack you. No one can be 100% trusted, including your inner family or a partner.

That's why, you only have two options, either become a low profile person or a high popularity person.

These robberies are well planned and perfected orchestrated mostly not by strangers but someone who knows you

It could be his close friends, the close friends hire someone to rob him, so he will not know if it's all been planed by his close friends.

[adultcrypto]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

This is another good reason why we have to keep our bitcoin activities and holding secret because as the awareness of bitcoin increases, people will begin to see how to use it for the wrong reasons. If people start collecting ransom in bitcoin like they are already doing, it will be difficult to completely fight crime because it will take long time to trace bitcoin transactions.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

I do not believe that the CEO will do this because no one will invite such problem to himself. Even though it might look suspicious, I think it will not be a necessary step the CEO would take against his business and reputation. But what s certain is that there should be some insiders involved in the deal.

[Taskford]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

He resigned after that incident happened to him https://www.coinlive.com/news/revelo-intel-ceo-resigns-after-armed-robbery

his story is quiet sketchy since how did a important man in a company just been caught easily by robbers? The way how it look likes this situation is questionable. That's why I don't blame people to think about inside job especially that after the incident happened to him he decide to resign.

Hopefully government will do full investigation regarding to know what really happen regarding on that situation happened to him.

[Z390]

He claimed that the group knows about the deposit addresses of the company, this said it all, it is possible for humans to set themselves up but this looks like a betrayal in his midst, this is one reason why I don't like getting to know people,  I am better off on my own because you will never know who have the good intention or bad intentions.

I just want to tell OP that people can plan an attack on themselves when money is involved, people can do anything to get to their goals, we need to be careful with the company we keep, just because people loves you around doesn't mean they like it, the smaller your circle is the safer you are, even if a similar incident happens you will know where to look.

Now I want to ask a question, even if these people cater away with the crypto assets and funds there are ways to track them down, it might not be an instant but it is very possible, what is this CEO doing now? The funds are not kept in any privacy coins it seems, which should make it more easier to track.

[un_rank]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

Anyone is capable of anything, but without access to the investigation files there is no point speculating on what the facts are till some information gets public.

Another reminder that a $5 wrench attack is one of the quickest ways one can lose their funds. Some public figures cannot help people knowing they are into certain investments, but if you are not such individuals then keep your investments to yourself.

If people start collecting ransom in bitcoin like they are already doing, it will be difficult to completely fight crime because it will take long time to trace bitcoin transactions.  

It is a public network so it is easy to trace, but there can be no identity put on the addresses until they use an exchange that has their personal information.
Cash is impossible to trace.

- Jay -

[KingsDen]

The CEO mentioned that some of the funds he transferred are his personal funds, this is understandable. But in the case of the company's fund, I do not actually understand.
Don't the company use multiSig wallets to save? There should be a signatory of atleast 3 persons in order to be able to transfer funds out of a company's fund. The industry we are doesn't promote trust, but if they have chosen to trust their CEO, they should deal with the consequences.

[SatoPrincess]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

This is another good reason why we have to keep our bitcoin activities and holding secret because as the awareness of bitcoin increases, people will begin to see how to use it for the wrong reasons. If people start collecting ransom in bitcoin like they are already doing, it will be difficult to completely fight crime because it will take long time to trace bitcoin transactions.

I agree. It’s safer to live under the rather than to be in the public eye. The celebrity status can be quite problematic for bitcoiners and investors with large amounts of crypto assets. There’s been so many reports of Physical Bitcoin and Cryptocurrency Attacks that Have Been Reported Worldwide.

It doesn’t take long to track Bitcoin transactions. They just have monitor the addresses on the blockchain and where the coins are moved to. If they are lucky, the criminals will move the coins or part of it to a centralized exchange. Although I doubt that will happen because from the story, the criminals seem to have in-depth knowledge of cryptocurrency.

[Marykeller]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

An insider of the company he is the CEO of orchestrated this act. That's very simple. Not on earth will someone know that he's in the custody of the company coins and his coins if not someone close or insider. That's the reason why, not everyone close meant well for you. You shouldn't let anyone know your self worth, whatever is in your possession, and where your family lives if you find out you held company funds or huge funds in crypto in your custody.

It's unfortunate that the CEO was caught unguarded with the threat of his wife and 8-month-old baby. The police will move into action with the report of those that he is aware of that knows he has the company coins with him

[Orpichukwu]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

With the age of the child, it's silly for me to think about it in that way, although undisspeakable things are happening these days in the internet space all because of money, but someone of that magnitude can't easily think about such things as it endangers his family's life. 
 
Since the last statement pointed out that there are already suspected groups of people who are being investigated, we just hope to hear positive news about that later. If those involved are not caught, the CEO will not only pay back those lost funds of his victims but will also be considered the second suspect.

[Kelward]

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

Whether the robbery was planned by the CEO or not there's still lessons to learn from the story which every Bitcoin holder should have in mind. There's a reason why Bitcoin gives it's holders privacy, one of them is because they're their own banks, meaning that the security of your coins is in your own hands. If you share your privacy or it's taken from you that means that you can lose your BTC forever. So true privacy should be by keeping your Bitcoin holding a secret from the public, especially for those that have thousand dollar worths of BTC. The CEO in discussion's robbery incident was definitely not from random thieves, it's either somebody or people that he has unintentionally told about his holding.

I also want to believe that no reasonable CEO will pull such a heist on himself, except perhaps he's owing huge dept and about to go bankrupt. But it's not worth it because if he's found out he'll be in far more trouble and financial mess.

[Felicity_Tide]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

~

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

I don't really think this is a planned act by the CEO, because at the end of the day, he will definitely make a refund of other people's share even though his own share was bigger. Some crypto holders have always overlooked the importance of anonymity and privacy, which makes this incident an opening eye to several others. Assuming there was no insider who provided the robbers with certain information, it means the robbers took their time to assess every vulnerability, thereby knowing so many things about the CEO.

But just as the CEO had said, there is an insider that was possibly working with the robbers, because I don't understand how those robbers could have possibly known that there were multiple wallet addresses where the coins were stored. Reporting to the police was the right time to do, but I doubt the outcome of the investigation, as the robbers might choose to use any service that helps protect the anonymity of a sender if they decide to split the funds.

[Findingnemo]

Looks like a complete planned act and about reporting, we know the success rate of finding these trails are slim so what if he just wanted to take the money and off the books completely. Rich people always tends to do things that can allow them to pay less taxes and what if this is just a one of it.

If this isn't planned then what it has anything to do with the crypto, he just has bad security system in his house, and he is stupid enough to let all his personal belongings to someone else from the internet.

[Roseline492]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

This is another good reason why we have to keep our bitcoin activities and holding secret because as the awareness of bitcoin increases, people will begin to see how to use it for the wrong reasons. If people start collecting ransom in bitcoin like they are already doing, it will be difficult to completely fight crime because it will take long time to trace bitcoin transactions.

This is the reason why no matter how much you would love somebody or a friend to start Bitcoin investment never expose your Bitcoin holding for them because we don't no the mind of people because sometimes in life even the friends we feel will not betray us can even mastermind an attack against you, however I was shocked when I saw someone saying that is good to show people how much Bitcoin they have on there portfolio so that they would be motivated to start investing on Bitcoin, I was just laughing because there is a serious risk in what he was doing, though I tried talking him out but he seem to have made up his mind about it so I decided to leave him be because if anything happen he would only blame himself.

[LogitechMouse]

---
For people high profile targets like this, what's is left of them to do is, have a budget for a tight security team. It helps.

There's no doubt that it's well-planned. I mean he's a public figure which he said, and the deposit address is known by these robbers. They've planned this crime for a long time, and unfortunately for him, he got targeted.

I'm just confused with some parts. He's a CEO and he has crypto. Isn't he not aware of something like this can happen to him and why not have a bodyguard or a security team that could protect him at all times? Well anyway, things like this happens especially if you're a public figure like him that's why I always want to stay lowkey when it comes to cryptocurrency in general including my holdings, the assets that I'm holding and probably the knowledge that I'm sharing because being intelligent might be another reason for these crooks to do something like this to you as well since they might think that this person is intelligent, probably he has lots of cryptocurrency or Bitcoin in his wallet.

This incident might be true, or it might not be (who knows). After all, we are in a world of internet where anybody can just say anything. If this is true then I hope that he finds justice and the suspects will be caught as well.

🖰🖰

[Dunamisx]

Nick Drakon, the CEO of Revelo Intel was attacked. The company's coins and his personal coins were demanded for in the presence of his wife and 8 month old child.

It’s been almost 4 years since I entered the crypto space as a somewhat “public figure” 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.

My interactions with 99.5% of folks in the crypto industry have been overwhelmingly positive and productive. It’s been a pleasure to have chatted with some of you online, met some of you in person as well as doing business with some of you.

There is a dark side to this industry though which is quite sinister. Anonymous bad actors operating in the shadows are constantly waiting for opportunities to inflict pain and suffering while enriching themselves.

I was recently targeted, surveilled and robbed by a highly sophisticated group. This was an in person attack where my wife and 8 month old son were threatened.

The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses I operate. 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.

The vast majority of stolen funds belonged to me personally. There is some evidence to suggest that someone in the Ventures syndicate is either part of the group, or passing information onto them.

Could this be planned by the CEO? I do not think a CEO can do something like this. He has reported the case and it is under investigation.

We cant predict on the desperation or level of how human can go, but with he way of it, i don't think it was a planned work, since his wife was involved in and i don't think its a good idea form him to engage doing such while his family where involved, things could turn around the way he never expect, also, what if the secret later exposed that it was a planned work, his reputation will be tarnished in public the money he would have been set for enjoying his life, in other approach we may give this situation, what if it wasn't a planned work, and his life and family at stake in such situation, if he has the requested asset and give them, then he may have to face anything consequence despite the proof, and if he doesn't cooperate with the robbers, they may shot him or any of the family members dead only for not coperating with their request.