**Crypto CEO Steps Down After Armed Robbery**

Nick Drakon, CEO of crypto research platform Revelo Intel, has resigned following a harrowing armed robbery. Drakon revealed on Sept. 5 that a sophisticated group targeted him, forcing him at gunpoint to transfer personal, company, and investor funds.

- Drakon's family was also threatened during the ordeal.

- He suspects insiders at Revelo Ventures may have been involved but withheld details to protect his family and the investigation.

- Former COO Vu Benson will take over as CEO.

- Drakon plans to return some stolen funds to affected members and allocate 30% of future profits to them.

This incident highlights the increasing risks in the crypto world, with experts advising caution in social media activity and peer-to-peer trades.