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Regulation

Thailand’s Supreme Court rules Bitcoin is property under criminal law

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A landmark judgment upholds a 10-year sentence for a Koh Samui robbery accomplice and rejects the argument that Bitcoin has no real value Thailand’s Supreme Court has ruled that Bitcoin counts as property protected under the country’s criminal law. The decision upheld a 10-year prison sentence for an accomplice in a robbery that targeted a tourist’s money and turned it into crypto. The judgment, case No. 4929/2569, was issued on October 28, 2026. It stems from a 2022 armed robbery on Koh Samui, one of Thailand’s best-known island destinations. The defendant and his accomplices forced a tourist to convert approximately $50,000 into Bitcoin. That amounted to 2.480801 BTC, which the victim was then made to transfer to the robbers.

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