Thailand tows bitcoin trader’s floating home; owners may face death sentence

The couple reportedly left the cabin last week after being tipped off about Thailand’s plans. Their whereabouts remain unknown, but authorities believe they are in Thailand, Sky News reported.

“This is ridiculous … we lived on a floating house boat for a few weeks and now Thailand wants us killed. We are still quite scared for our lives,” Sky News reported Elwartowski as saying in a statement.

In a statement released Monday, The Seasteading Institute’s chairman Patrick Friedman said he was “shocked and saddened last week by media reports that this couple was charged with treason – punishable in Thailand by death or life imprisonment – simply because no one had filed paperwork for the floating home.”

“This is like charging someone with a capital crime for not registering their car,” Friedman said.

Ocean Builders, The Royal Thai Navy and Elwartowski did not immediately respond to CNBC requests for comment.

Read more about the couple’s seastead home and the Thai Navy’s response in Sky News’ report.

—Reuters contributed to this report.

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