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Crypto CEO Held Hostage by Thieves: Because Who Needs Security When You Can Just Have Babies Crying in the Background?

News Linda Williams September 9, 2024

A CEO is shown being held hostage by two masked thieves in a dark alleyway. The CEO's wife and baby are visible through the window of their home across from them, with tears streaming down the mother's face as she holds her crying infant close to comfort him.

Just when I thought the world of cryptocurrency couldn’t get any more ridiculous, we have a CEO who’s been held at gunpoint by thieves specifically targeting his company funds because he was too stupid to keep them safe. Nick Drakon, you’re a shining example of why crypto is just begging for scammers and criminals to take advantage of its ‘innovative’ security measures (read: none). Your personal funds, working capital, retained earnings… all gone. And don’t even get me started on the fact that your wife and 8-month-old son were threatened too – because what’s a little kidnapping when there are crypto assets at stake? .

Source: cointelegraph

Crypto firm’s CEO resigns after being robbed of company funds at gunpoint
https://cointelegraph.com/news/crypto-boss-resigns-after-being-robbed-at-gunpoint
Nick Drakon, the CEO of crypto research and education platform Revelo Intel, has stepped down after he said he was held at gunpoint and forced to transfer personal, company and investor funds. “I was recently targeted, surveilled and robbed by a highly sophisticated group,” Drakon wrote in a Sept. 5 X post. “The group was specifically interested in crypto assets and knew the deposit addresses belonging to the crypto businesses […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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