Bucks burglary probe leads to a Montco hacker and possible $40M bitcoin theft
Police on the trail of two missing laptops and a gold necklace followed it to the Montgomery County home of a self-described computer hacker who claims responsibility for what could be one of the largest virtual currency heists on record, court documents say.
Theodore Price, of Hatfield, told a local detective and a Homeland Security agent investigating a burglary at the Bucks County, home of his girlfriend’s parents that he wrote software to steal between $40 million and $50 million in the online currency bitcoin, the documents say.
When the officers arrived at his door almost two weeks ago, he told them he had been preparing to flee to London on a chartered jet using a fake passport in the name of “Avengers” movie star Jeremy Renner, a complaint filed in federal court July 19 says.
And, a computer expert at Cornell University who tracks bitcoin crimes finds a scenario that connects an alleged theft of a couple of laptops worth hundreds of dollars to a possible virtual heist of tens of millions plausible.
Read more: http://www.philly.com/philly/news/crime/bitcoin-theft-theodore-price-montgomery-bucks-20170724.html