Apr 20, · Thailand ’s navy has boarded and seized the floating home of a fugitive US bitcoin trader and his Thai girlfriend, both prominent members of the “ . Apr 23, · US Bitcoin trader and girlfriend face death penalty after building floating house off coast of Thailand in bid for independence They couple have been charged with violating Thai sovereignty, Author: Molly Rose Pike. Apr 18, · An American bitcoin entrepreneur could be facing the death penalty after Thailand’s navy accused him of violating the country’s sovereignty by building a “sea home’’ off the coast of Phuket.
Bitcoin trader death penaltyThai 'seastead': US bitcoin trader and girlfriend could face death penalty - CNN
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What has Denmark done right in its Covid responses? Mexicans making medical supplies for US fear Covid risk. Elwartowski and Ocean Builders say the spar was in international waters and beyond Thailand's jurisdiction. Thai authorities say the structure is in its mile exclusive economic zone and therefore a violation of its sovereignty.
The navy said they have evidence that the floating home was built in a private boatyard in Phuket and said the couple wanted to establish a "permanent settlement at sea beyond the sovereignty of nations by using a legal loophole".
It said the action "reveals the intention of disobeying the laws of Thailand as a littoral state and could lead to a creation of a new state within Thailand's territorial waters In an email reply to Reuters, Elwartowski referred all questions to the Seasteading Institute and pointed to online statements from the Ocean Builders website. The group said that the pair, both active bitcoin investors, did not build, invest in or design the floating home themselves but were "volunteers excited about the prospect of living free," documenting their lives as "pioneer seasteaders" off the coast of Phuket.