Apr 20, · Washington: 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. Feb 09, · AN inferno at a block of flats is believed to have been caused by overheating computers in an illegal bitcoin mining factory. The night-time blaze in eastern Russia destroyed eight apartments and f. Apr 18, · US bitcoin trader may face death penalty in Thailand over 'sea home' This article is more than 1 year old Chad Elwartowski and Supranee Thepdet in hiding after police accuse ‘seastead’ of.
Us bitcoin trader and girlfriendBitcoin Trader, Girlfriend Could Face Death Penalty for Building 'Sea Home' Off Coast Thailand
And this could cause other people to misunderstand and it is threatening our national security," said Colonel Kataporn Kumthieng, the chief of Phuket's Immigration office. The Thai Navy had previously posted a video of the home on Facebook, writing that "the navy is required to resolve the problem. Elwartowski had taken part in videos and podcasts promoting the use of "seasteads," frequently mentioning how he was unaffected by policy decisions and taxation laws set by governments.
The "seasteading" movement, which began in earnest in in California with the financial backing of Silicon Valley billionaire Peter Thiel, has been likened to the phenomenon of micronations for its vision of establishing sovereign communities outside the control of existing states.
Ocean Builders, the company behind Elwartowski's seastead, said in a statement on its website that it had constructed the home, the first in what it hoped would be an opening round of 20 units. The couple were "volunteers excited about the prospect of living free", it added. Insisting the six-meter platform was 13 nautical miles from Thailand and in international waters, the company accused the Thai authorities of acting as "judge jury and executioner of the historic very first seastead.
The Seasteading Institute, the organization backed by Thiel, is currently in negotiations with the government of French Polynesia to build a floating city in a semi-autonomous "seazone" within its territorial waters.
The couple could face life imprisonment or the death penalty under the country's Immigration Act, but authorities they are unaware if the pair are still in the country or its waters. It Just May be True. The structure, which was rooted to the floor but could be floated to new waters , was placed in the sea near Racha Yai island in Thailand in February but it was only discovered by Thai navy officers this week.
The couple were no aboard at the time. Ocean Builders and Elwartowski had plans to expand the seastead, which they had called XLII, beyond just the one home. In April, a call was put out for investors to help build another 20 floating seastead homes in the Andaman sea, claiming he had almost 70 interested investors, though the plans have now been paused.
The Thai navy said in their statement that these plans amounted to an attempt to build another state in sovereign Thai maritime territory.
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