Thai Man Arrested After Shooting Wife Over Bitcoin Loss

In a shocking turn of events, a Thai man has been arrested near Bangkok for shooting his wife in the leg following a heated argument about their bitcoin investments. The incident led to a six-hour standoff with police as the man barricaded himself in his home.

Identified as Kritsada by local news outlet The Thaiger, this disturbing incident unfolded when tensions flared between Kritsada and his 31-year-old wife, Pistamai, over the loss of 700,000 baht (approximately $19,500) in bitcoin investments. The argument escalated to a point where Kritsada attempted to take his wife’s life, leaving her injured and terrified.

Amidst fears of further violence, the local authorities took a cautious approach by negotiating with Kritsada rather than forcibly entering his residence. After a tense standoff, Kritsada ultimately surrendered to the police.

Officer Manas Atthadod, representing the Uthai Police District, reported that they had confiscated a .38 caliber firearm used by Kritsada not only to shoot his wife but also to inflict a self-inflicted gunshot wound to his own leg during the altercation.

While the exact details of Kritsada’s bitcoin investments remain undisclosed, it is worth noting that Thailand has grappled with a surge in cryptocurrency-related scams. The Ministry of Digital Economy and Society in Thailand recently revealed that more than 200,000 citizens have fallen victim to various crypto scams. This alarming trend prompted the Ministry to issue a stern warning to Meta, urging the social media giant to crack down on fraudulent ads on Facebook or face the risk of having its platform banned in the country.

It has come to light that the bitcoin loss suffered by Kritsada and Pistamai followed a period during which Pistamai had requested separation from her husband. This separation request apparently led to Kritsada regularly visiting their shared residence, according to The Thaiger. Fortunately, Pistamai received medical treatment for her injuries and is reported to be in stable condition.

In the wake of this disturbing incident, Kritsada has been charged with attempted murder, as well as unlicensed possession of a firearm and ammunition. The legal process will now run its course to determine the appropriate consequences for his actions.

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