The Royal Thai Navy has towed a floating home owned by an American bitcoin trader and his Thai girlfriend, who currently face possible death sentences or life imprisonment for"deteriorating Thailand's independence," according to multiple reports.
Thai authorities have revoked Elwartowski's visa and charged the couple for violating Thai sovereignty — an offense punishable by the death penalty or life imprisonment, according to Reuters. Thailand's navy on Monday sent three boats to dismantle the floating cabin — also known as a"seastead" — and bring it back to shore as evidence, Sky News said.
"Seasteading" is an initiative aimed at establishing floating communities in international waters beyond the influence of government regulation. This movement is spearheaded by nonprofit think-tank The Seasteading Institute, which received $1.7 million in funding from PayPal co-founder Peter Thiel in 2008.
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US bitcoin trader could face death penalty over Thai 'seastead'An American bitcoin trader and his girlfriend could face the death penalty after they were accused of threatening Thailand's sovereignty by building and living in a 'sea home' off the coast of Phuket. Illegal immigration is awesome though, right CNN? Who the hell would live in that Seems a bit Harsh, Don't ya think?
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