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Update: The BBC reports that while Hotz is acknowledging he is in fact in South America, the trip was planned "for months" and that he remains in contact with his lawyers. On his blog, Hotz wrote:

Factually, it's true I'm in South America, on a vacation I've had planned and paid for since November. I mean, it is Spring break; hacking isn't my life.

 

Either BBC is doing their April Fool's jokes a week early and have Hotz in on the joke as well, or everyone can accept this story as confirmed.