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?”
Women in photos like these are generally young and childlike the report states
Financial stock pictures are sexist, a new report has suggested, with women depicted holding pennies and piggybacks while men show off wads of cash.
Experts also found there were stark inequalities in how the two sexes were represented around money, with women frequently depicted as childlike.
The study, by Brunel University and Starling Bank, examined 600 of the most popular pictures of men and women related to finance in three leading image libraries.
The authors found women were nearly four times as likely to be depicted as childlike with their money compared with men (15 per cent compared with 4 per cent), rising to more than half of images (52 per cent) when the women and money search term was looked at specifically.