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<p>🇹🇭 BREAKING: Thailand’s Supreme Court recognizes Bitcoin as LEGAL PROPERTY.

In a robbery case, the court rejected a defendant’s claim that Bitcoin has no inherent value. 

Attackers had forced a victim to convert $50,000 into roughly 2.48 BTC and transfer it to them.

Judges ruled that Bitcoin’s market price, ability to be exchanged for cash and capacity for ownership make it property protected under criminal law.

The court upheld a 10-year prison sentence for a man who assisted the robbers.</p>

🇹🇭 BREAKING: Thailand’s Supreme Court recognizes Bitcoin as LEGAL PROPERTY.
In a robbery case, the court rejected a defendant’s claim that Bitcoin has no inherent value. 
Attackers had forced a victim to convert $50,000 into roughly 2.48 BTC and transfer it to them.
Judges ruled that Bitcoin’s market price, ability to be exchanged for cash and capacity for ownership make it property protected under criminal law.
The court upheld a 10-year prison sentence for a man who assisted the robbers.

🇹🇭 BREAKING: Thailand’s Supreme Court recognizes Bitcoin as LEGAL PROPERTY. In a robbery case, the court rejected a defendant’s claim that Bitcoin has no inherent value. Attackers had forced a victim to convert $50,000 into roughly 2.48 BTC and transfer it to them. Judges ruled that Bitcoin’s market price, ability to be exchanged for cash and capacity for ownership make it property protected under criminal law. The court upheld a 10-year prison sentence for a man who assisted the robbers.

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