Topic: Wife discovers husband's hidden Bitcoin during divorce proceeding - page 6. (Read 972 times)

He probably bought them through an exchange and the KYC/AML banks have his activities well documented. They will also see his BTC spending...

He probably kept is all in one wallet. 

It is about honesty from both sides, husband and wife. If the husband has crypto assets, he should tell his wife and tell her if she wants to buy crypto assets and keep them. But if he doesn't, then maybe the husband just wants to hide it from his wife and doesn't want to say anything about the crypto he owns.

If the husband buys his crypto after he marries his wife, she can claim a portion of the total amount of his assets. But if the husband bought the crypto asset before he married his wife, the husband can give some money because he bought it with his own money. And if the husband and wife have children, the husband may be obligated to support the child.

But maybe the husband will split the crypto assets and give half to his wife so there will be no more problems after the divorce. This may be new for all of us but it may develop in the future because the popularity of crypto will surely increase and many people want to invest in crypto.

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.

hey dude, not all families have the same problems, so if you're getting along you won't find your partner's flaws, not smart enough in this case, because it's the rule in marriage that joint property after marriage must be divided equally if you don't have children,
but if 12 btc is purchased by the man before marriage the woman has no rights in that ownership,
only a greedy woman admits what is not hers,

Marriage is another thing I guess wherein there's transparency with one's fund but ofcourse it would be to the owner of an asset whether to disclose it or not. In my country, a husband has the responsibility to give financial support especially to a kid and his partner but there's no law (on my awareness) which  forces someone in a marriage to give everything he has. Not unless the other party would see it and would demand for a dhare into it, but that would be possible through verbal agreement alone and not on papers. If it is through the man's capabilities to invest then it has nothing to do with the wife unless such thing is announced to other party and demand for a portion of it. But with total possesion ofcourse it would depend to the owner whether to allow such thing or not.

From the write-up, it appears the man didn't reveal it to the wife, but the woman acted based on suspicion and hire an expert to help her investigate.

Yea, it really suck to have people hide under the guise of divorce to take what they never worked for. I hate divorce, and I hate the fact that some crooks are exploiting this lacuna to defraud their spouse.

Marriage has lost its value in our society ever since divorce was introduced into marriages, now woman just get married so they can divorce and get half of the mans wealth and go to spend it with some undeserving lazy man that didn't work and hustle when his fellow men were hustling to get their wealth. I don't blame the man for hiding his Bitcoin, he was keeping it to help him recover.

The man shouldn't give up his Bitcoin, the wife can take half of every other thing but his Bitcoin should be his investment for the future and not to be destroyed by the wife. If the wife takes the Bitcoin, she'll just sell them and waste the money as most divorce wifes do.

What will gonna happen if the husband is found guilty about it? will he lose that bitcoins or not? I think given the amount of BTC he was hiding, he will gonna face some huge consequences and his ex-wife will gonna have more profits from their divorce. In other countries, divorce is not worse than this where you need to pay your ex-wife a certain amount of money just to let her go. In other places, you just need to sign papers and everything is settled and you don't need to pay any amount except that you are obliged to support your children that's it.

What a riot. Imagine the guy being relaxed and all thinking he had already set aside good enough money and hid it well just to find out later that the wife went full on detective sht on him and hired an expert to find out that he had 12 undeclared bitcoins, LOL. I honestly kinda feel bad for the guy since the effort was wasted but then again, we don't know what led to the said divorce so I guess he should still be glad that at least his bitcoins didn't get frozen or whatever. xD

I'm not an expert in this field but can she really get the half of it? The husband can deny that he owns it. There's no proof to prove that he's the owner of it unlike other assets where it has their name on it. Also, if the wife even seek help from her lawyer, can they really claim the half of his Bitcoin ownership? Does their law in their country have anything about Bitcoin or crypto assets involved with regards to splitting of ownership during a divorce? I think the husband have more control over this... Although it really shows the sad part of marriage. When you got into the divorce stage, both of you will fight on claiming ownerships as if you didn't loved each other. It's like, everything becomes about money at the end

Do you know why women are best archeologists ? Because they are best in digging in the past. I am sure that her husband told her everything about Bitcoin, when he tried to explain where he plans to spend their money on. Perhaps they had one pc or laptop, and it isnt hard to find someone who will search someones disk for an address. Most of people think that their PC or impregnable fortress and dont even try to hide things like address or account. I would not be surprised if he had link to his wallet saved in his favourites.

He can say he lost his passphrase or seed in a boating accident

Seriously though, he can just say he can’t remember his passphrase or seed & then several years later, when proceedings are completed, suddenly remember how to access the coins. There are ways to come out on top in a situation like this

It would be even better if his wife didn't find you about this at all. But still pretty good job, I'd like to see him keeping it all.

It's not just women these days that are so bad, there are men who behave the same way today. Many men fail, are lazy to work, and they often marry people much older than themselves or women with disabilities but rich families. And as you said, they got married just because of their partner's huge fortune. Today's society is very pragmatic, and to find someone who is honest with you is very difficult, like finding a needle in a haystack.


I don't know where this story will go, but once we are married, we still hide our private property and greed, and selfishness, leading to divorce and lawsuits are inevitable.

This just got me inspired lol , there is a lot of interesting story involve bitcoin include this one as the man using technology like bitcoin to hide up his own wealth to avoid the divorce settlement fund fully exposed and there is no specific law against this yet ... at least for now .

The guy just saved himself in very clever way to promote bitcoin all at once!

There are reasons why people just want to remain unmarried for the rest of their lives. This is because they don't want a situation where they will have trust issues with their wives or husbands. Most people just decide to go into contract marriage or something of that nature if they are actually lovers of kids and nothing more, because in situations like this, what mostly causes issues like this is a lack of trust, or will I say they fall out of love for each other, and if the falling out of love is actually the issue behind them divorcing, then there should be no reason to come after each other's wealth.

Wealth and greed have been the major reasons why most people go into marriage these days. Marriage is supposed to be for two people who love, care for, and trust each other beyond friendship and want to make a home for themselves, but today's generation has turned that out to be something of an open-business nature.

This Bitcoin could only be shared or access gained to it if the husband actually wants it to be shared since it's not something on the bank and it's not registered under any financial sector. If the lady wins the case for them to share the Bitcoin, can the court give an order for those Bitcoin to be split among the divorcees?
And the husband can actually claim not to have those coins since there is no proof of ownership attached to the wallet.

OOF! He should be careful of boating accidents in his near future.

Although to be fair, if he did not get a prenup then thats his own fault. Marriage is not worth it in countries like the United State of America because of the silly and confusing laws which accompany it. Especially the ending part

But here is the question, how can she prove it is his address or that he even has access to those funds? If anything, Bitcoin asset holdings, especially those that were previously undeclared or kept secret, are legally hard to obtain. I would think...

But I am not a lawyer nor a forensics specialist and  I have no idea on what the forensic expert that his wife hired found that can serve as evidence in court...

Did he do wrong or right? the law, is the law, even for properties with which she wasn't in his life as at the time he acquired them would be duly shared.
With this, so many are avoiding the court wedding this days because, a gold digger isn't identified by her outward attribute.

Well if in the case of the PSG footballer Hakim he had been keeping his earning in accounts and properties that bore the name of his mother which in the law was enough to be written off as not his then I think that system should work in this case.

If he has the 12 BTC on centralized exchange one that requires KYC to open then this may not work but a personal wallet like Ethereum he can claim that the wallet isn't his and then push ownership to his well trusted person, I don't know how the law works in terms of sharing of properties after divorce but it shouldn't be also comprising of someone's crypto-currency holdings.

Well, this is just a case of knowing ones right from his left, it is really up to the man and his lawyer to decide to allow the greedy wife to get a share of those bitcoins she probably didn't contribute a dime to, or worked for.

I personally do not think that this type of case is hard to win, simply telling the court that those bitcoins does not belong to the man, and finding some really odd ways to prove it would simply put the case to an end and leave the greedy wife with nothing, she's definitely just after the money, that is why she even went as far as hiring a forensic personnel to dig out the man's assets.