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CoinDesk· Francisco Rodrigues·· 2d ago

Thai Supreme Court Declares Bitcoin Property, Upholds 10‑Year Sentence for Convicted Thief

Original source: CoinDeskRead original
AI brief

The Thai Supreme Court ruled that bitcoin is a form of property, noting it has a market price, can be cashed out, and is held by the public. The court upheld a 10‑year prison sentence for a man who assisted robbers in stealing bitcoin. The decision clarifies the legal status of digital assets in Thailand and reinforces the criminal liability of individuals involved in cryptocurrency theft.

Source: CoinDesk · coindesk.com