That’s good, now her husband could transfer the ownership to someone else trusted more than his wife by giving the private keys. He could save his half bitcoin. That would be simply under decentralisation power if he plays smartly.
Anyways, I am not sure from which country this article is but in my country the rule itself has been made very smartly. Due to divorces and woman taking advantage of the half property splitting they now amended that only woman who is dependant on the husband shall be given the splitting. This includes extensive background check before court can make any decisions.
So no splitting of the bitcoins just like that.
Topic: Wife discovers husband's hidden Bitcoin during divorce proceeding - page 3. (Read 1027 times)
May 29, 2023, 07:55:42 AM
May 29, 2023, 05:02:04 AM
Hi guys!
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
What can I say, if the husband knew that things were going to divorce, then he should have covered his tracks. ) From this story, it is clear that he did not tell his wife about bitcoins when they were married, and understandably did not want to talk about it when they divorced. This story once again proves that the cryptocurrency should be as anonymous as possible so that, if possible, no one could prove that you own bitcoin.
Perhaps he should have told his wife about bitcoin when they were married, but during the divorce, say that he lost everything, and no one could verify this. )
May 29, 2023, 04:54:43 AM
A crypto owner should be proud about the decentralised nature of Bitcoins. It means that no government or any other person can know how many Bitcoins you are holding. So my only query is that how did the forensic expert find out about his digital holdings. The husband here in this case could have easily saved all the Bitcoins, but now he has to surely follow what the court will decide. So yes bad luck for the husband.
May 29, 2023, 04:35:40 AM
I think hiding crypto assets from one’s spouse is dishonest and unfair, especially during a divorce. I also think that spouses should have some knowledge of each other’s crypto dealings and seed phrases, in case of emergencies or inheritance issues. 
Is divorce the emergency you think about?
when you are married, you will always trust and share everything with each other. Greed and lies have no place in marriage, and that will make your marriage soon break up.
Do you trust youself with as much confidence as you trust your other half? May 29, 2023, 04:27:53 AM
BTC was bough with the money the husband earned during marriage, which is why she had the right to pursue it.
Apparently, it's not clear if she had right to pursue the BTC (even if husband had bought them with many earned during marriage).BTW why treat BTC as an asset and not art, invention (intellectual property), donations etc.? And what if the BTC was stolen (or taken in any illegal way) instead of legitimately purchased?
May 29, 2023, 04:19:00 AM
If the husband has crypto assets, he should tell his wife and tell her if she wants to buy crypto assets and keep them.
Should he tell an attacker about his crypto assets? The enemy declared divorce proceedings which is in stark contrast to good faith negotiations. Also, there seems impossible to hold talks as equals - one party is in a weaker position and the other takes advantage of it (together with various institutions). Why do you assume that he should tell her that he has crypto assets? 
May 29, 2023, 04:01:58 AM
People often say that after marriage, husband and wife should trust each other and be transparent about their assets, but I think there will be a lot of couples who will not follow that. We all have our own secrets that we do not want to reveal, even when husband and wife are together. Some people will say that you are not respectful, but maybe everyone's situation is different and you don't understand anything. So it's best not to comment at all. As for this incident, I see that the decision on whether or not the property is divided depends on whether the husband has it before or after. And it is not wrong for the wife to want to divide the property in half because this is a citizen's right after marriage.
If the husband has gained it before the marriage, the wife has nothing to do with it but if those assets were acquired when already they’re married, then the wife has all the right to take part half of it. However, I can sense in this story that the wife here is really smart. Imagine, he has known it already even if his husband has not declared it. But I pity on the part of the husband because he cannot enjoy all what he’s been working for in the past. Though he can also take half of it, but I can sense that he’s been taken advantage by his wife in this case.What reason or evidence do you think he was taken advantage of by his wife? I am also a husband, and in this case, I cannot side with the other husband. Simply because even the bitcoin he owned before marriage, he shouldn't keep it hidden from his wife. Apparently, he was selfish to live with and tried to hide his wealth to himself. Maybe that has also affected family feelings because, being called family, it is necessary to respect and trust each other. When you are the family's breadwinner, do you work hard and earn money to get rich? Is it for your family or yourself?
May 29, 2023, 03:39:55 AM
This is why you do not disclose your crypto stash to someone else,
Apparently, a crypto hunter was hired by the attacker in spite of the crypto stash not being disclosed by the owner. It doesn't seem to be any protection to keep crypto stash secret. Probably, the root cause of the problem lies in attacker attitude and enforcement agencies. I've never for once like the idea of letting people know your real worth
Why not? Isn't there any situation in which you would like to voluntarily let somebody know your real worth?I would say the husband failed because he couldn't keep his privacy.
Did he fail if he keeps his bitcoins even though not privately? May 26, 2023, 04:39:11 PM
Me and my wife has no problem about me holding bitcoin and this saves us from any money issues because she knew that everything in my holding is for Her and our children .
That is the logical decision, especially if bitcoin has a clear legal origin. For people who can't prove the origin because for example they mined it in the past and don't have the logs, or bought it P2P paying in hand, or saved it from signature campaigns without declaring them, the issue is a bit more complicated.
In those cases there are people who choose to hide it from his wife because it is something that can be turned against him in a potential divorce case.
May 26, 2023, 03:58:43 PM
People often say that after marriage, husband and wife should trust each other and be transparent about their assets, but I think there will be a lot of couples who will not follow that. We all have our own secrets that we do not want to reveal, even when husband and wife are together. Some people will say that you are not respectful, but maybe everyone's situation is different and you don't understand anything. So it's best not to comment at all. As for this incident, I see that the decision on whether or not the property is divided depends on whether the husband has it before or after. And it is not wrong for the wife to want to divide the property in half because this is a citizen's right after marriage.
If the husband has gained it before the marriage, the wife has nothing to do with it but if those assets were acquired when already they’re married, then the wife has all the right to take part half of it. However, I can sense in this story that the wife here is really smart. Imagine, he has known it already even if his husband has not declared it. But I pity on the part of the husband because he cannot enjoy all what he’s been working for in the past. Though he can also take half of it, but I can sense that he’s been taken advantage by his wife in this case. 
May 26, 2023, 12:04:54 PM
Hi guys!
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html
Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html
Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?
Uhmm Bezos Uhmm !!!
Ofcourse there are people who claim their right on husband's money and they want to suck it up all of it.
In this case, it actually depends on the law and also the fact that the owner of those coins is his husband.
If the person somehow proves it that he doesn't own any coins which I think he can if he is smart then he won't have to giveaway half of his coins.
Besides that, how greedy this woman can be to claim her rights on those BTC.
May 26, 2023, 11:56:24 AM
It seems that during the marriage, the husband seems to have said that he holds the bitcoin property, so it is normal for the wife to want to divide the assets related to them when she divorces. However, the asset is bitcoin, an asset class that is still very complex, and there are not many laws related to it. The husband can transfer his bitcoins to another wallet without anyone knowing. So this is important, whether the husband wants to share the property or not, but I think it is difficult for the law to handle such property. If he's good, he'll give it to his wife; otherwise, there won't be a dime.
May 26, 2023, 11:42:13 AM
Although I lack expertise in this area, does she actually understand even half of it? The husband is free to contest his ownership. Unlike other assets where their names are on them, there is no evidence to support his ownership of it. Additionally, can they actually claim their share of his Bitcoin ownership if the wife even seeks the assistance of her attorney? Does their country's law address Bitcoin or other crypto assets when it comes to dividing ownership during a divorce? The husband, in my opinion, has greater power over this. Even yet, it clearly highlights the unhappy aspects of marriage. Both of you will argue about claiming ownerships as if you didn't love one other when you get to the divorce stage. At some point, it seems like everything revolves around money.
May 26, 2023, 10:17:22 AM
Well for me disclosing your Bitcoin phrase to your spouse is not a bad idea if there is this trust and understanding ...
Honestly, not only bitcoin, but I share with my wife most of my secrets. I think if one day we don't live together anymore, I will willingly give all my assets to my wife and need nothing. As husband and wife, they need to trust each other, secondly, whoever keeps that property, they also save it for their children. So let's not be too selfish with our wife even after divorce. Bitcoin, after all, is just money and cannot be more important than the sacred husband and wife relationship. 
May 26, 2023, 09:27:20 AM
I think a lot depends on the kind of relationship and marriage people have. Some marriages are simply unstable, full of conflict. Some work out of convenience, mutual comfort but not mutual love or trust. So, of course, if total trust isn't a part of one's marriage, then disclosing one's BTC funds probably isn't a good idea.
From the article, it seems that what happens now depends on the state legislation, as some states have the policy of 50% of assets acquired during marriage going to a spouse, but others may not. Bitcoin is considered a digital asset (at least, by the IRS), so the court might actually oblige him to share 6 BTC.
In this case, the woman has clearly taken advantage on his soon to be ex-husband, but that’s how law works in most of the state. What the husband gets, the wife also can take half of it. So in order for this case to be closed, I think it’s a good idea for the husband to send to his wife half of his bitcoin asset. After all, he can start all over again acquiring btc even if that move will really hurt his ego.From the article, it seems that what happens now depends on the state legislation, as some states have the policy of 50% of assets acquired during marriage going to a spouse, but others may not. Bitcoin is considered a digital asset (at least, by the IRS), so the court might actually oblige him to share 6 BTC.
and obviously in this case and the bitcoin that the man has if he has it during the marriage he should split it in half and equal with his wife and things like a lot happen in any property that seems better to be resolved soon. So he can start again and collect more bitcoins because he has no other burdens and can collect more bitcoins, so that in the future he will be happier in every way with the new one.
May 26, 2023, 08:54:53 AM
Well for me disclosing your Bitcoin phrase to your spouse is not a bad idea if there is this trust and understanding but then in terms of this your story of sharing his Bitcoin for divorce purposes simply because the wife hired some forensic experts is a weak step for me because there is no evidence. So if he shares it he just wanted not because of anything else.
May 24, 2023, 10:33:20 AM
Hi guys!
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html
Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.
Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.
https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html
Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?
As a result, even if the man has bitcoin, it is an asset and must be shared. Hiding property from your spouse in divorces is a very common mistake. According to some, it is not wrong, I will not argue about it. One of the newer methods is to store assets in crypto. There are many people who go unnoticed in this way and do not give half of their property to their spouses. I think this is wrong. In case of divorce, the courts may request a declaration of property from the stock exchanges. In this way, some mistakes or potential grievances can be avoided.
May 24, 2023, 05:19:34 AM
I am not trying to destroy people's marriages but I've never for once like the idea of letting people know your real worth, and this includes your spouse, not until you are so sure that your spouse are for real, I mean, a man knows his family more than anyone, but that's not always the case, if you are the one that got married to someone after you already in money you have to be cautious, maybe what you had isn't for real, you won't know, ladies of today get married not because of love but because of what they can achieve from marrying the man, if you have to come into the light with your wife about your worth, make sure it's the one third of your worth..
I see everything wrong in someone pretending to love someone just to be able to take over their properties, this is why I don't want to leave this country and go to US because this is very common in the US, I can't live with myself sharing my properties with someone that have pretend to love me all this while, it's never going to happen on my watch.
I see everything wrong in someone pretending to love someone just to be able to take over their properties, this is why I don't want to leave this country and go to US because this is very common in the US, I can't live with myself sharing my properties with someone that have pretend to love me all this while, it's never going to happen on my watch.
Here in India in Matrimonial the main criteria is a persons take home salary. It does not matter how soft spoken is he or if he is a drunkard or womanizer. If he is rich then people consider themselves lucky that she got a perfect match.
If you want to know how much your wife loves you just come home and say you lost your job.
May 24, 2023, 04:33:18 AM
Good thing about Bitcoin is that there is no way for others to prove that it is ours unless we also say it and show then the wallet to access it.
But if we won't then how would they know? how would they prove it? we could just use another person that we truly trust to open it and say that it is their investment.
With the way this story goes, it look like the man already told his wife about the Bitcoin somewhere when things where still going smooth between the two, sometimes men have lose their mouth when they are comfortable with the woman in their life, he would have never thought that divorce will happen one day.But if we won't then how would they know? how would they prove it? we could just use another person that we truly trust to open it and say that it is their investment.
It feels bad having to hide something from someone you claimed to love, the guilt will take over your mind but it looks like having to live with the guilt is way better than someone taking your hard-earned Bitcoin from you because you both decide to go your separate ways.
To keep financial secrets or not from your family or partner is a choice, let's hope whatever we chooses to do favours us in the end, divorces can happen to anybody, I don't pray for people's home to go wrong but there is always a possibility of anything happening.
May 24, 2023, 04:20:40 AM
Good thing about Bitcoin is that there is no way for others to prove that it is ours unless we also say it and show then the wallet to access it.
But if we won't then how would they know? how would they prove it? we could just use another person that we truly trust to open it and say that it is their investment.
But if we won't then how would they know? how would they prove it? we could just use another person that we truly trust to open it and say that it is their investment.
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