Thailand's Supreme Court rules Bitcoin is property in Samui robbery case
- —Court classified BTC as property under Section 137 of the Civil Code
- —Defendant sentenced to 10 years for robbery using a vehicle
- —Victim was forced under threat and assault to transfer 2.480801 BTC worth $50,000
- —Court ordered return of the bitcoin or 1.878 million baht in compensation
Why it matters: The precedent strengthens legal protection for victims of crypto crime in Thailand, though it has no direct impact on the global BTC price.
Source: Siam Blockchain