https://finance.yahoo.com/news/divorcing-couple-fights-over-830-000-crypto-stash-231408053.html
Hopefully this won't be bitcoin's beanie babies moment.
i hope it won't happen to other marriage couple.just give half to your wife.And besides it is your wife.You can invest the remaining of what you have. Quote
In the UK, a divorcing couple right now is quarreling over a stash of coins worth some $830,000. And there are no laws for it.
According to Business Insider, UK law firm Royds Withy King is currently advising no less than three divorce cases that involve cryptocurrency. The spouses are “seeking the disclosure and a potential share of cryptocurrency assets.” But no laws are governing such cases.
Only one of them, however, stands out, because of the value of the couple’s crypto stash. The husband invested £80,000 ($110,000) in cryptos, which are now worth £600,000 ($830,000). Did I say there are no laws to guide divorce lawyers in such matters?
However, the lawyers expect the number of cases to increase in the future. “These are the first cases we have seen, and we expect to see many more, Royds Withy King partner Vandana Chitroda said. “We believe that cryptocurrencies will be a significant feature in a large number of divorces. Whilst cryptocurrencies are volatile, they are not going to go away. It is important that if you believe your husband or wife has invested in or purchased cryptocurrencies, such as Bitcoin, and you are separating, you tell your legal adviser.”
According to Business Insider, UK law firm Royds Withy King is currently advising no less than three divorce cases that involve cryptocurrency. The spouses are “seeking the disclosure and a potential share of cryptocurrency assets.” But no laws are governing such cases.
Only one of them, however, stands out, because of the value of the couple’s crypto stash. The husband invested £80,000 ($110,000) in cryptos, which are now worth £600,000 ($830,000). Did I say there are no laws to guide divorce lawyers in such matters?
However, the lawyers expect the number of cases to increase in the future. “These are the first cases we have seen, and we expect to see many more, Royds Withy King partner Vandana Chitroda said. “We believe that cryptocurrencies will be a significant feature in a large number of divorces. Whilst cryptocurrencies are volatile, they are not going to go away. It is important that if you believe your husband or wife has invested in or purchased cryptocurrencies, such as Bitcoin, and you are separating, you tell your legal adviser.”
Hopefully this won't be bitcoin's beanie babies moment.
. Bitcoin does not change a thing especially laws of every country. I do agree that they should split it because it is a conjugal property unless it was bough before the marriage. Anyways, this might enlighten those who think they will change certain rules with bitcoin which is likely not gonna happen. The government/constitution always prevail and the one to follow.
