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Man tells feds he wrote software that stole $40M in bitcoin

Posted on July 20, 2017 by Dissent

Peter Hall reports:

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 of all time, court documents say.

Theodore Price of Hatfield told a local detective and a Homeland Security agent investigating a burglary at the Holland Township, 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.

Read more of the details of his alleged confession on The Morning Call.

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