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Robbery at Home of Tech Investor Leads to $11 Million in Cryptocurrency Theft

3 weeks ago
1 min read
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Armed Robbery of Tech Investor

A recent armed robbery in San Francisco has drawn attention due to the significant sum stolen from a high-profile tech investor. The incident occurred last Saturday night at the residence of 31-year-old Lachy Groom, a venture capitalist and former partner of OpenAI co-founder Sam Altman. Notably, the assailant made off with an impressive $11 million worth of cryptocurrency.

Details of the Incident

According to reports, the suspect, disguised as a delivery person, was caught on surveillance footage approaching Groom’s luxurious home, valued at $4.4 million. He was seen ringing the doorbell while carrying what appeared to be a white package, claiming to be a partner employee of UPS and introducing himself as ‘Joshua’.

After the victim answered the door and confirmed the name, the suspect forced his way inside, which incited a chaotic scene. Police information suggests that during the robbery, the suspect brandished a handgun and directly threatened Groom, subsequently tying him up with tape.

Execution of the Theft

The intruder not only emptied all of Groom’s cryptocurrency accounts but also took his phone and computer, executing the theft in about 90 minutes.

Witness Accounts

Witnesses reported a horrifying scene, detailing that after binding Groom, the assailant physically assaulted him while on a call with an individual who spoke with an accent and was reciting the victim’s personal details, adding a chilling layer to the crime. When authorities arrived around 6:45 p.m., they discovered Groom had sustained multiple bruises from the altercation.

Investigation and Suspicions

Investigators suspect that this robbery is linked to an organized crime ring, given the methodical way in which the crime was executed. Groom’s high-profile background and his connections in the tech world only amplify the urgency of the investigation, as police continue to search for the perpetrator responsible for this substantial heist.

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