Building Home in Sea Puts Thai Bitcoin Trader’s Life At Risk

Chad Elwartowski, a rich Bitcoin trader has built his platform house off the coast of Phuket. But Authorities suspect he attempting to create an independent state and threaten the sovereignty of Thailand. The Bangkok Post also reports that crypto traders are leading the charge to “establish micronations,” exploiting a loophole in international law, thereby making the local authorities toothless against him.

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