Bitcoin divorces skyrocket as spouses stash wealth in cryptocurrencies
Married individuals are concealing assets in cryptocurrencies as top divorce lawyer warns of 'cat and mouse' hunt for assets
Most people’s to-do list for getting married doesn’t involve investing in Bitcoin.
But for one 29-year-old ready to express his love for his partner, buying the cryptocurrency was one of the first things that came to mind.
“I have about 50k cash now and hope to collect another 50k between now and when we actually marry,” he posted on Reddit.
“I plan to convert this into crypto but wanted to check if this is a safe option in the event of a divorce. Would the court be able to locate these assets?”