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Divorce & Bitcoin: Does Decentralisation Make An Impact

Even though Bitcoin and altcoins have a prominent year in terms of news coverage and price, there is a dark side to cryptocurrency. Although I suppose that it isn’t directly Bitcoins dark side but more of a, ‘what happens when we get divorced’ side to it… let me explain.

So when a married couple no longer wants to be together, they will typically get a divorce but divorcing partners are continuously hiding their wealth by investing in Bitcoin as well as other cryptocurrencies.

So what happens when you go through the divorce proceedings and find that your other half has cryptocurrency stashed away but they haven’t declared it in the divorce proceedings. Is there a way to force them to speak about this information.

Bitcoin Divorces

I’m well aware this is a strange topic to cover at Crypto Daily but bear with me here. Going through divorces and contending with offshore accounts and assets are hard enough without cryptocurrency assets posing a new challenge for lawyers as they…

Read Full Story : Crypto Daily™

2019-02-03 20:00:00

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