Thai Supreme Court Rules Bitcoin Is Property, Rejects Thief’s Appeal Against Conviction
Key Highlights Thailand’s Supreme Court has determined that Bitcoin qualifies as legal property in criminal robbery proceedings. The ruling stems from a September 2022 incident on Koh Samui where a victim was coerced into converting $50,000 into roughly 2.48 BTC. Judges rejected the defense’s claim that Bitcoin lacks intrinsic value, pointing to national digital asset ...