WHAT HAPPENS WHEN YOU HAVE A NASTY DIVORCE AND A FAT BTC WALLET? - page 10.

zee123

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Quote from: Fortify on October 03, 2017, 12:36:53 AM

It depends if your other half knows about your digital currency? If they do and can prove it, then it would simply become an asset that needs to be split along with all the other property. It largely depends if you are an honest person and want to be upfront with the judge. What if you've got gold bars buried somewhere that your spouse doesn't know about?

Lol, gold, hope she doesn't have a private eye on you. Cool

But would you pay out in Btc or fiat?

player514

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Quote from: zee123 on October 03, 2017, 12:33:11 AM

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED' Grin

It should be treated as an asset. This means that if the other party mentions it, they are entitled to half of it (I think, if I'm not getting it wrong). Beyond that, I would say it's just treated as anything else (like stocks and such) during a divorce.

tiggytomb

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If it is known that you have bitcoin and it is raised then would need to share it, if she doesn't know then why should you.

Kakmakr

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In any divorce the court will require you to provide them with a comprehensive list of your assets and investments and bank account details. Your spouse or her/his lawyer will have inputs in this proceeding and they will inform the court, if you are hiding something from the court. < If it was later found that you lied to the court, you would face other penalties >

Depending on your marriage contract, you might have to sell some of those coins to provide for the spouse as agreed by the court or you have to give something else to balance out the books.

Not all divorce proceedings are the same, most people just come to a quick agreement and go their different ways. Long drawn out divorce proceedings cost a lot of money, so they just want to get it over with.

AT101ET

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It depends on the nature of the divorce and whether or not you'd want to split it.
If your OH doesn't know about it then what she doesn't knowncant hurt her.
If she does then you're in trouble. She xouldntecbhically force you (through the courts) to hand over her share if you don't reach another agreement when it comes to negotiating finances and assets.
I guess you could always claim to not have access to the private keys but once you make a transfer from your address then the charade is up.

fiulpro

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Well

only if your spouse know about the bitcoins and all and your wallet then only you should reveal.. well why reveal.. just transfer them in ypur friends wallet and you are good to go Tongue

who would want a loss huh !?
Also If I needed to I will pay them normal currency because if the value of bitcoins rose above my expected value I will be more than just sad.. haha
Well Also it depends upon the court if they are willing to let you off the hook for your bitcoins wallet..but if the judge knows about the bitcoins.. Tongue

then you are dead meat.

davis196

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Quote from: zee123 on October 03, 2017, 12:33:11 AM

I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED' Grin

I`m pretty sure all the girls wouldn`t know anything about cryptocurrencies and bitcoin and wouldn`t care about that.She would want only fiat money and it`s better to keep your crypto wallets as a secret.
I hate when all the property is split in half after the divorce.She doesn`t have any right to own a half of your bitcoins ,because she didn`t help you getting them. Grin

Barbut

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Quote from: pooya87 on October 03, 2017, 12:45:44 AM

the same thing happens as when you have a nasty divorce and a fat pocket with a lot of money in it. if the ex finds out about it and can prove it, they take a part of it (of course depending on what country you live in and how the laws are there) and if they can't find out about it or prove it they can take nothing.

Depends from what kind of wallet do you have, and did you use bitcoin mixer before you send them to final destination. If you have for example electrum wallet and after you bought bitcoins on coinbase, bitstamp or where ever, and you run that bitcoins trough bitcoin mixer and final destination will be anonymous, your wife can't do nothing about it, here lawyers can't do nothing about that.
In case you use some wallet where you have left your ID, your documents then your bitcoins will be found easily and half goes to your wife.
I have nothing against girls, but she will go to fuck with another moron and why I need to pay for that. She work she have her money and I don't wish to be their sponsor and pay alimony while they enjoy.

Don Pedro Dinero

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Quote from: Fortify on October 03, 2017, 12:36:53 AM

It depends if your other half knows about your digital currency? If they do and can prove it, then it would simply become an asset that needs to be split along with all the other property. It largely depends if you are an honest person and want to be upfront with the judge. What if you've got gold bars buried somewhere that your spouse doesn't know about?

It also depends on the amount. If you have like 5 million$ in bitcoin you can escape to a tax haven no matter if you spouse knows about it.

I wouldn’t reveal that I have btc unless I have a lot of trust, but I would never reveal the real address to her. Pc profile protected by password, access to wherever I have btc protected by password. I wouldn’t even reveal my password for bitcointalk.

The problem with marriages is that what used to be trust can become in hatred.

HabBear

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Quote from: zee123 on October 03, 2017, 12:33:11 AM

Now, the question is do you reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.

That depends on what kind of person you are. Are you the type of person who's honest and does the right thing? Or are you the type of person who lies and cheats their way through life with little care for others?

Bitcoin is just currency, the way it's supposed to be. Stop acting like it's anything else.

pooya87

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the same thing happens as when you have a nasty divorce and a fat pocket with a lot of money in it. if the ex finds out about it and can prove it, they take a part of it (of course depending on what country you live in and how the laws are there) and if they can't find out about it or prove it they can take nothing.

PMmesexycoins

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I'm not sure what's to discuss. Should be no different than with other possessions. No?

Fortify

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It depends if your other half knows about your digital currency? If they do and can prove it, then it would simply become an asset that needs to be split along with all the other property. It largely depends if you are an honest person and want to be upfront with the judge. What if you've got gold bars buried somewhere that your spouse doesn't know about?

zee123

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Activity: 420

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I'm assuming most would have read, watched and some probably experienced divorce proceedings.
It's certainly not a pretty thing, especially when it's a nasty one. Now, the question is do you
reveal your BTC wallet address when undergoing proceedings or do you simply keep shtum.
Or maybe you have been careless enough to let your spouse know about your crypto dealings.
Do you willingly part with the nice rising BTC or do you offer to pay up in Fiat?

This post is merely for fun, 'I AM NOT MARRIED' Grin

Topic: WHAT HAPPENS WHEN YOU HAVE A NASTY DIVORCE AND A FAT BTC WALLET? - page 10. (Read 3062 times)