An American bitcoin trader could face a death sentence in Thailand after authorities confiscated his floating home, which he built in an attempt to declare an autonomous seaborne community.
Chad Elwartowski and his girlfriend, Supranee Thepdet, had been living in the so-called seastead but fled before authorities arrived.
Thai authorities said the pair claimed they were beyond the jurisdiction of Thailand but that their actions were “deteriorating Thailand’s independence.”
Elwartowski and Thepdet built the home to test the viability of creating a floating community in international waters that would not be subject to the laws of any nation.
Visit Business Insider’s homepage for more stories.
An American bitcoin trader who built a floating home off the coast of Thailand in an attempt to develop an autonomous seaborne community could face a death sentence, authorities said.
The floating home of Chad Elwartowski and his girlfriend, Supranee Thepdet, was towed ashore by Thai authorities on Monday to be…