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Topic: Wife discovers husband's hidden Bitcoin during divorce proceeding - page 7. (Read 1027 times)

legendary
Activity: 3654
Merit: 1165
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This is normal, I mean if you were hiding it then there was a reason, everyone is considering this like husband hid it from his loving wife, these people didn't decide to divorce each other on a single day, they weren't doing that well at all before as well probably. I believe that they were having troubled times and they weren't getting along well and he just decided to hide it even when they were married because of this reason.

Obviously when they decided to divorce each other, he kept on hiding. Anyone would have done the same thing, the exact same wife in this discussion would have done the same thing as well if she had bitcoin to hide. Why do people expect other adults to pay for their future is still beyond me honestly, it just doesn't make sense.
sr. member
Activity: 924
Merit: 365
When events like divorce occur frequently these days. I start to wonder what the point of marriage is. Because women now pretend to love men and get married to them, only to later divorce them for the fame they have amass over the years.

In any case, I don't think this case will go anywhere. There is no evidence to support the man's ownership of the 12 BTC. Even if he is the rightful owner, he can easily reject it by claiming that the 12 BTC are not in his possession or written in his name. Let them go and verify how it is his. That puts an end to the case.
hero member
Activity: 938
Merit: 605
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Per law, any asset is bought during your marriage time will be considered as co-owned by you and your wife (or husband). It should be split in divorce case.

How do we know if the BTC was co-owned after marriage or it was owned by the husband before he got married to the woman? This is why many men now request for Prenuptial agreements to be taken down among both parties before marriage in case of a divorce no one will feel cheated or used in terms of property sharing.

In some cases women now uses marriage as a means to escaping poverty and not going into marriage for the sake of marriage and this has made many men uncertain about the future of their marriage like never before. All of these has a negative effect on the lives of the children gotten out of the marriage. How unfortunate!

hero member
Activity: 1092
Merit: 747
Quote
Himonidis, who is also a licensed private investigator and a computer forensic expert, estimates that 25% of his divorce-related cases involve some elements of cryptocurrency. Some of those cases, he said, are simple and straightforward — situations where, for example, a cryptocurrency such as bitcoin is a custodial asset held in a brokerage account or on a trading platform such as Coinbase.

"These companies keep records just like your broker at Morgan Stanley would keep records of your trades," he said
From the statement which I got from the article as stated above, it shows a clear sign the man must have invested his funds on a centralized exchange wallet, which the forensic expert could have been able to trace his transaction history on the blockchain and got to know how much he has in his wallet. Because only if had the husband used a decentralized wallet and a Bitcoin mixer to make the fund untraceable immediately he noticed he had a divorce case, I bet you, no forensic crypto hunter would have been able to trace how much he owns. And that's one benefit we members of this forum stand to get against non members of the forum who also own Bitcoin, as we are privilege to learn how to secure our funds through forum discussion.
hero member
Activity: 2926
Merit: 722
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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?

When having a divorce then of course everything should really be split on half.We know that  there are husbands which are totally honest and there are ones who are really loving on keeping up some secrets.

Its not really that bad on having your own personal secret but in terms of money then as a married person then everything should be disclosed because you are both having the rights on knowing on what each others been doing.It is really just that there are people who are really that loving to take things by themselves even having their wife or spouse. We are really securely making some hidden stash or savings because
we can inevitably able to think about those possible worst scenario.

In just because that we dont really like to get left on the dark on times like this, then you would be mainly thinking on saving up some money in forms of crypto. Bad thing only happen or been busted up is on the
time that you would be saying everything.Im aint saying its bad but once you've done it then there's no way you could get away with it and would really be sued out.  Cheesy
sr. member
Activity: 812
Merit: 315
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I'm wondering how the woman know about the Bitcoin? Maybe the man told her woman and he forget ever telling her? Men needs to wise up because women are not playing around, whatever brings money into a man's life, women are going to be very attentively about it, all women knows is money, they don't joke with money.  Cheesy Cheesy

I don't want to know how hard you work hard to obtain your Bitcoin, if you are in a country where the law is in support of splitting husband properties into half when divorce comes you have no choice but to do it, men, be wise.
hero member
Activity: 2660
Merit: 651
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There are rules in place in various countries where the wife gets half of the husband's property in case of divorce. As a result, many couples get divorced due to the greed of money. 

Recently, this happened in the case of Achraf Hakimi, who played in the left-back position of PSG. After a long marriage, Achraf Hakimi's wife complained against him that he beat his wife a lot. According to the source, Achraf Hakimi's wife decided to divorce and according to that decision, the court said. When this order was made to give half of Achraf Hakimi's assets to his wife, the court observed that Achraf Hakimi had no money in his account and all the money was in his mother's account. As per divorce rules, since there is no money in his account, no matter how much money is in his mother's account, his wife will not get any money due to divorce. 

But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.
I am sure most young folks that planning to get married may decide not to get married due to greed of getting half of their spouse's property through divorce which is adopted by some ladies lately and from my thinking I believe this is the reason why some young rich guys don't want to get marry and prefer to have baby mama.
I also ready about the story of Achraf Hakimi and how he outsmarts his wife due to her greed.
sr. member
Activity: 1316
Merit: 254
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It's the first time I've read a story like this. The wife here is very smart; it seems she already knows that her husband has crypto assets, so she hired someone to investigate her husband's crypto holdings to see if it is true. But I think the case where she is being too greedy is more appropriate for her to want to split her husband's bitcoin assets in half. Maybe the money belongs to your parents, or the property of an acquaintance, or the money you had before your marriage? So in this case, the husband should consider finding a legal expert related to cryptocurrency to understand. If true, then the wife will not be entitled to anything and can be sued for the crime of spying on the husband.
legendary
Activity: 2716
Merit: 1225
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What's your thoughts on this?
The man was being smart by half and that's not good. He forgot that he must've disclosed his dreams and expectations of his business (Bitcoin) with his wife during the good time before the divorce saga and the wife had internalized it all. Now, let's see it from the point of it being an offline business; wouldn't he have declared it? Yes, we know the privacy thing when it comes to Bitcoin but we shouldn't see Bitcoin as a secret cult sort of a thing where no one should know what we're doing. Someone somehow there's that one person who has to know or have an idea that we're in this industry. I don't announce my hodlings to anyone else except wify. She's a partner in my progress and that's why.

Sometimes letting our wife's knows about our assets is somehow dangerous because you can't outsmart them, instead I prefer sharing with my children instead of wife. Don't quote me wrongly...
I just quoted you, howbeit not wrongly. I'm saving this in picture to send to your wify. You can't escape it. The only thing that can pacify me not to send it is taáti wraps of fufu and a big bowl of catfish peppersoup. Nothing less.
hero member
Activity: 1022
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If you do not encrypt your bitcoins you will sooner or later run into issues. If the bitcoins are successfully encrypted the man can always say that he did loose access to his coins. To be fair however, the man has the duty to split his bitcoins in the event of the divorce, so it’s actually a good thing that the bitcoins were discovered by the women.
hero member
Activity: 2478
Merit: 695
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That's a smart women that is observant. The same reason the husbands hid the knowledge of the btc from the divorce saga eventually happened. I don't think he has much choice than to declare the 12 btc as part of the asset acquired during the time when they are both married.
Although hiding information from spouse is not a good thing but in situations like this you would wish you had or better yet, get a prenup in the beginning.
hero member
Activity: 1918
Merit: 564
But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.

The good part of the story is that, the wife is able to uncover that his husband has undeclared wealth in form of cryptocurrency, so the wife is going after that amount demanding to get the 50% of it as the rule of judge stated.  There is a deceiving on that part because the husband did not declare the asset intentionally so I think the wife will be given that 50% of Bitcoin stash.

I would say that the husband on the case you stated is smart.  Depositing his money on his mother account which can't be touched by the wife.  That is much better way if husband don't want to share his wealth to his wife in times when there is a need to split the family wealth.
legendary
Activity: 3234
Merit: 1214
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These days divorce have turned to be very common. Most of the divorce happens out of ego, particularly the girls always want them to be the deciding and ruling one. This mentality ends with divorce and many move to the court after learning more about the possible ways to get the best compensation. Here also it looks like pure plan of getting the share from the husband.

Forensic expert have found about the bitcoin holdings, and I don't think something would've happened. What have been discovered is true, then the wife is lucky, because 6 BTC for her will be really big in the long term.
hero member
Activity: 1120
Merit: 887
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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?

Personally, I never like divorce especially when it stems from a place of greed. From the story, the wife has no proper knowledge of bitcoin. It would be a difficult case to settle by the judges as bitcoin is a highly volatile asset that shouldn't be in the possession of someone without any knowledge about it. What if the bitcoins is split and after a week the market crashes and the value of the bitcoin the wife got decrease, I bet she might sue the again sue her "divorced" husband for deceit or whatever legal term they may bring just for her to get more money out of him.
sr. member
Activity: 658
Merit: 441
the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.
What a funny reply! 😃
If the wife had stumbled on the seed phrase of the husband, she would probably had copied it somewhere and secretly transfered the Bitcoin out of the husband's wallet to hers. My guess is she must have found the address written somewhere and she knew it belongs to her husband, she then passed it alongside other financial documents to her forensic expert who discovered 12 Bitcoin sitting in the wallet.
member
Activity: 532
Merit: 13
After the divorce, when the court made their verdict as to the amount of alimony to pay to the wife be it monthly or yearly I don't know if there should be a reason for him to disclose the Bitcoin investment. I know this kind of thing happens abroad but in my country, the husband has the right to hide things like this so far you are not running a joint account or business, he used his money to accrue it.
hero member
Activity: 2044
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the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.
Hahaha, that is true! Cheesy

We can only speculate about this case. We don't know if the wife helped the husband to build the couple's fortune somehow, so he could acquire those 12 BTCs. We don't know if the wife is just a gold digger who is trying to get most money as possible from the man, even what he has conquered by himself. There are so many variables that even for the justice system it must be really hard to make a decision 100% assured it's the right thing to do.

The intimacy of a couple on its details is a misty matter probably only the wife and the husband know exactly the reality and what is the fairest solution, although they won't admit it, if they aren't fair individuals, besides being full of resentment of each other.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.
hero member
Activity: 3052
Merit: 685
There are rules in place in various countries where the wife gets half of the husband's property in case of divorce. As a result, many couples get divorced due to the greed of money. 

Recently, this happened in the case of Achraf Hakimi, who played in the left-back position of PSG. After a long marriage, Achraf Hakimi's wife complained against him that he beat his wife a lot. According to the source, Achraf Hakimi's wife decided to divorce and according to that decision, the court said. When this order was made to give half of Achraf Hakimi's assets to his wife, the court observed that Achraf Hakimi had no money in his account and all the money was in his mother's account. As per divorce rules, since there is no money in his account, no matter how much money is in his mother's account, his wife will not get any money due to divorce. 

But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.

Yes, I've saw a video about a couple weeks ago explaining Achraf Hakimi's situation. His story is quite famous because his wife, Hiba Abouk, did get nothing after she filed a nonsense complaint towards the Moroccan football star and accusing him of rape, physical injury, etc. Little did Hiba know, Hakimi's mother already foresee the situation that he's into and decided to take control of everything and demand to put his assets to her name for safety purposes and so that in case a divorce will happen, which did really happen, Hakimi's wife will get nothing.

And the funny thing is, if I'm not mistaken, Hiba Abouk (Hakimi's wife) was the one who shared her own assets that was over $20 Million before the settlement because under the court of law, both of them should gather all their assets and divide it into two.

Now, that's what I call karma and a snappy salute for Hakimi's mother for predicting the situation much earlier before everything goes into pieces.
hero member
Activity: 1428
Merit: 653
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At first what resulted the divorced?
I may categorically say this rules are from some of the foreign countries unlike ours, there's no way wife and husband sharing properties while they have a child or children in between them.

Sometimes letting our wife's knows about our assets is somehow dangerous because you can't outsmart them, instead I prefer sharing with my children instead of wife. Don't quote me wrongly, there are some women who don't come to your life to spend the entire life with you rather they came for your wealth so after giving birth to 1 or 2 they files for a divorce in other to have your wealth being shared equally with them.

Which is why you must "Will" most of your wealth to your children and not wife because 20 to 30 percent death rate today are being caused by wife and women, though this stat is based on the recent death occuring in my localities.
So I don't think there is something he could do because he already shared with the wife his seedphrase and there's no way to outsmart the wife.
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