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Bitcoin => Legal => Topic started by: gabriella on December 03, 2013, 08:30:41 AM



Title: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: gabriella on December 03, 2013, 08:30:41 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Shermo on December 03, 2013, 08:38:27 AM
Not if he claimed he gambled it all away on satoshi dice?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: MA5H3D on December 03, 2013, 08:40:06 AM
Nobody can seize bitcoins!
If the wife knows his bitcoin address or somehow knows how many he has, just send them to another address and say they were stolen.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: justusranvier on December 03, 2013, 08:42:01 AM
If the judge finds out he's got a bitcoin wallet and he refuses to turn over the bitcoins, he can go to jail for contempt of court (and probably other things).

If he doesn't want to do that there are probably ways he could establish plausible deniability with regards to holding those Bitcoins, but having a friend post the details of his situation on a public forum wouldn't be a good way to start.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: rat on December 03, 2013, 08:42:10 AM
3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

I enjoyed this part.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: cr1776 on December 03, 2013, 08:43:53 AM
Yes, in the US.  Particularly if there is a paper trail. 

It is complete BS of course, but yes.  No man should get married without a prenup.

my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: rat on December 03, 2013, 08:44:22 AM
in all seriousness -

how could they?

i like his plan.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: maurya78 on December 03, 2013, 08:49:43 AM
This looks like an interesting test case for the courts to figure out where they stand on this

Pre-nup definitely the way to go


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: msc on December 03, 2013, 08:54:55 AM
If he's in the US in a community property state, the court could order him to pay, and hold him in contempt if he doesn't.  They may be able to track down his BTC purchases, but would have a hard time verifying his current balance.

If it's not a community property state, then wife is out of luck.  It's negotiation time until the divorce is settled.

Just my opinion; I'm not a lawyer.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: justusranvier on December 03, 2013, 08:55:38 AM
Actually, depending on what state he's in plausible deniability is not enough,.

Some states will throw men in jail indefinitely on the mere suspicion they are hiding assets, with no particular burden of proof required.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: cr1776 on December 03, 2013, 08:57:45 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: laowai80 on December 03, 2013, 08:58:29 AM
Married guys should jump all over to the idea of bitcoins, it's another great use for cryptos. Wives these days aren't easy to control, not like the good old times, 19th century, oh well, technology comes to rescue. You guys should use 1) DNA analysis to find out who the real father is and now 2) use bitcoins to give a middle finger to an unfaithful wife in case of divorce. Attack and defense mechanisms parallel development, so to say. What other technological achievements progress can bring us? We can only dream and embrace them as they come. Stay tuned.

In western societies there are less and less incentives for men to get married these days. But if you do, at least do it right, with the technology on your side.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 03, 2013, 08:58:42 AM
in all seriousness -

how could they?

i like his plan.


Me too. Already I have close to 25% of all my assets in BTCs. And no one knows about it, except for two of my close friends. And about 65% of the net worth is in the form of real estate, which I had inherited. (In my country, in case of a divorce, property passed through inheritance is not affected).

However, in this case he should have waited for a few more months (or 1-2 years). Unless he received the BTCs through peer-to-peer transaction involving hard cash, the prosecution can track the movement of money from his bank account to the account held by the BTC exchange.

All of a sudden, in a relatively short duration (3 months), he has converted all his money to BTC... that will provoke some questions.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Abdussamad on December 03, 2013, 09:03:10 AM
First I think it is crazy that a court can make you share your assets with your ex-wife. You guys have some crazy laws in your part of the planet. I hear Berlusconni has to pay millions of Euros every month to his ex-wife as "alimony". I just don't see what the justification is for something like that.

But yeah your courts are strong and they will make your friend pay up. Bitcoins are considered money now and hiding assets there is no excuse. We learned that when the SEC charged pirate.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: justusranvier on December 03, 2013, 09:05:44 AM
You guys have some crazy laws in your part of the planet.
The United States is a bad country to be married in.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 03, 2013, 09:11:13 AM
First I think it is crazy that a court can make you share your assets with your ex-wife. You guys have some crazy laws in your part of the planet. I hear Berlusconni has to pay millions of Euros every month to his ex-wife as "alimony". I just don't see what the justification is for something like that.

The laws are the same in almost all the countries... I am talking about US, Canada, EU nations, Russia & CIS, Australia & NZL, India and even China.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: BldSwtTrs on December 03, 2013, 09:13:21 AM
So his wife cheat and now he has to give her half of his net worth. And if he don't he can go to jail, and the court can have scrutiny on all of his fucking like.

That's FUCKING SCARRY. America, what have you become?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: cr1776 on December 03, 2013, 09:13:29 AM
You guys have some crazy laws in your part of the planet.
The United States is a bad country to be married in.

Very bad. Always use a prenup - if her motives are pure, she won't object. If they are impure, it tells you something important before marriage.

It isn't only the US either


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: laowai80 on December 03, 2013, 09:21:31 AM
if her motives are pure, she won't object. If they are impure, it tells you something important before marriage.


True. If a woman is in love, the pre-nup won't be a slightest problem. If she's not, run, Forrest, run :)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: btbrae on December 03, 2013, 09:23:57 AM
Very bad. Always use a prenup - if her motives are pure, she won't object. If they are impure, it tells you something important before marriage.

It isn't only the US either

In the UK prenuptial agreements guarantee nothing when it comes to divorce court, so it's even worse than the US.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: superresistant on December 03, 2013, 09:25:04 AM
So his wife cheat and now he has to give her half of his net worth. And if he don't he can go to jail, and the court can have scrutiny on all of his fucking like.
That's FUCKING SCARRY. America, what have you become?

Haha this is the American dream :
Get more wealth at any cost. Live for yourself and fuck the rest.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: EFS on December 03, 2013, 09:25:49 AM
No.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: oleganza on December 03, 2013, 09:36:56 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

Is skin color of the guy relevant to the story?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Elwar on December 03, 2013, 09:56:05 AM
If he does not disclose all of his assets and it is later found that he knowingly withheld that information he would go to prison.

He could, however, list it among a long list of items such as this:

Lexus
18 Ping Golf clubs
1 Lenovo with 2Gig of Ram, 300 BTC, 2.4 GHz CPU, 2TB SSD
1 iPhone 4
100 BTU space heater
...


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: canada on December 03, 2013, 09:59:36 AM
Married guys should jump all over to the idea of bitcoins, it's another great use for cryptos. Wives these days aren't easy to control, not like the good old times, 19th century, oh well, technology comes to rescue. You guys should use 1) DNA analysis to find out who the real father is and now 2) use bitcoins to give a middle finger to an unfaithful wife in case of divorce. Attack and defense mechanisms parallel development, so to say. What other technological achievements progress can bring us? We can only dream and embrace them as they come. Stay tuned.

In western societies there are less and less incentives for men to get married these days. But if you do, at least do it right, with the technology on your side.

easy on the woman bashing.

ps - if she married him for his money, be probably married her for her t&a. risky move; you'll probably get burned


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: msc on December 03, 2013, 09:59:48 AM
1 Lenovo with 2Gig of Ram, 300 BTC, 2.4 GHz CPU, 2TB SSD
Nice - I like that.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: crumbs on December 03, 2013, 10:27:45 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter. ... does the court have right of access to his bitcoin wallet?

Not if he can prove beyond a shadow of a doubt that the dood was 100% black.  Interracial fxxking is a Class C felony.  Unless it's filmed for pr0nz, in which case it's just hawt.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: domob on December 03, 2013, 10:33:26 AM
Married guys should jump all over to the idea of bitcoins, it's another great use for cryptos. Wives these days aren't easy to control, not like the good old times, 19th century, oh well, technology comes to rescue. You guys should use 1) DNA analysis to find out who the real father is and now 2) use bitcoins to give a middle finger to an unfaithful wife in case of divorce. Attack and defense mechanisms parallel development, so to say. What other technological achievements progress can bring us? We can only dream and embrace them as they come. Stay tuned.

In western societies there are less and less incentives for men to get married these days. But if you do, at least do it right, with the technology on your side.

easy on the woman bashing.

ps - if she married him for his money, be probably married her for her t&a. risky move; you'll probably get burned

Agreed.  I think all those comments about "unfairness of the system" and "cheating wive" and what else are not appropriate here.  I got married myself two months ago (without a contract, which means community ownership of assets in my country, AFAIK).  I'm aware of this and we decided that is what we want, and so be it.  I'm not going to whine about that or try to work my ways around the law if we should get divorced (although I feel this is highly unlikely).

That said, while I'm not a lawyer, I suppose that your buddy "must" also pay her part of the Bitcoins (especially if he has converted their common assets to Bitcoins he wants to keep for himself).  Whether they can force that is another thing, but he should be very careful about hiding the tracks and coming up with a good explanation as to what became of the money, I suppose.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 03, 2013, 10:34:34 AM
Op statistics:
Total Posts:   40 posts
Total Topics Started:   37 topics

my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.
Don't feed the trolls.



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: canada on December 03, 2013, 10:41:58 AM
Op statistics:
Total Posts:   40 posts
Total Topics Started:   37 topics

my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.
Don't feed the trolls.



lol good point


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: EFS on December 03, 2013, 10:53:10 AM
Op statistics:
Total Posts:   40 posts
Total Topics Started:   37 topics

my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.
Don't feed the trolls.


Also this:
https://bitcointalk.org/index.php?topic=352686.msg3777690#msg3777690
https://bitcointalk.org/index.php?topic=13440.msg184627#msg184627


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: superresistant on December 03, 2013, 11:02:18 AM
Also this:
https://bitcointalk.org/index.php?topic=352686.msg3777690#msg3777690
https://bitcointalk.org/index.php?topic=13440.msg184627#msg184627

haha nice  :)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: gabriella on December 03, 2013, 11:51:38 AM
Is skin color of the guy relevant to the story?

no, it is not relevant.

that is why i omitted his skin color and his wife's skin color and his daughter's skin color.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: AuroraHF on December 03, 2013, 11:53:38 AM
Pretty sure the NSA already knows he has the money  :D. I'm not sure if "cryptocurrency" is considered an asset though, have he tried contacting a lawyer?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: GigaCoin on December 03, 2013, 12:59:00 PM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

Sorry to hear that about your friend, Isn't the law on the man's side when it's the wife who's at fault?

I thought we had "gender equality" !

He can always claim he lost his money in online gambling or something



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: emilia79 on December 03, 2013, 01:01:53 PM
We don't care is he is red, or the other is black. Not relevant !

Typical of US people to give skin color ...


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: maz on December 03, 2013, 01:04:08 PM
does the court have right of access to his bitcoin wallet?

What bitcoin wallet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 03, 2013, 01:05:30 PM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

Sorry to hear that about your friend, Isn't the law on the man's side when it's the wife who's at fault?

I thought we had "gender equality" !

He can always claim he lost his money in online gambling or something



Sorry to hear?
You actually believe even a bit of this crap?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: cedivad on December 03, 2013, 01:07:36 PM
3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.
I enjoyed this part.
Why didn't he spent this time to gather proofs to use in court against the wife? So that she could have... nothing?

Anyway yes, this is 80% BS.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: laowai80 on December 03, 2013, 01:20:26 PM
Married guys should jump all over to the idea of bitcoins, it's another great use for cryptos. Wives these days aren't easy to control, not like the good old times, 19th century, oh well, technology comes to rescue. You guys should use 1) DNA analysis to find out who the real father is and now 2) use bitcoins to give a middle finger to an unfaithful wife in case of divorce. Attack and defense mechanisms parallel development, so to say. What other technological achievements progress can bring us? We can only dream and embrace them as they come. Stay tuned.

In western societies there are less and less incentives for men to get married these days. But if you do, at least do it right, with the technology on your side.

easy on the woman bashing.

ps - if she married him for his money, be probably married her for her t&a. risky move; you'll probably get burned

What bashing? Just stating the facts here on how technology evolves to help humanity and giving some hints to men blinded by women's charms on how they can level off the playing field a bit by using that technology. It looks like from the example the OP presented, women clearly have a legal advantage in western societies. They can cheat on the husband and get 50% of the family property. What's the incentive to legally marry? If you do, at least do it right, all I am saying. I don't bash women, I love women, as long as they know their place.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: cr1776 on December 03, 2013, 01:36:05 PM
easy on the woman bashing.
ps - if she married him for his money, be probably married her for her t&a. risky move; you'll probably get burned

The same goes for cheating guys too - you make a commitment, you keep it.  The statements were specific to this fact pattern.  As far as the money goes, the stats here were that it was around 95-98% that it was the guy paying.  :-)

Anyone who gets married without a prenup is taking a risk that while your spouse claims it is forever, that they'll change their mind and you will end up paying their bills - and supporting their new lover.



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bitkoof on December 03, 2013, 02:51:26 PM
... I don't bash women, I love women, as long as they know their place.



http://3.bp.blogspot.com/-EMT_-8l4MsM/UZ4HbRlgouI/AAAAAAAAAMs/fV-d_lYEac8/s1600/women.JPG


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 03, 2013, 05:07:52 PM
Whether the story behind this thread is real or not, it has exposed another advantage for stashing Bitcoins. This is a good idea, which can be used in certain difficult legal situations (not only in the case of divorce).

If executed with proper planning (esp. untraceable transactions), this can prevent the loss of our hard earned money.  

BTW..... I am a big fan of Ayn Rand..... Bitcoins are perfect for the social setting envisioned in Atlas Shrugged. When the court and the government seize our hard earned belongings... there is no reason to work further... We should fight back... this is one of the methods.  ;D


Quote
"Run for your life from any man who tells you that money is evil. That sentence is the leper's bell of an approaching looter."


Check this also (https://bitcointalk.org/index.php?topic=164142.0)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 03, 2013, 05:22:24 PM
Coins don't exist. It's just pixels. She can't take pixels from him.
It's like stealing pictures. Same thing.

He can move the coins to another wallet. Leave 10-20 BTC on the wallet he was using before.
 Then he can tell to that bitch : "Here's your half"

OR,

like someone else mentioned. He can say that he got them by gambling.
First , the OP is a troll. Second....

Same with bank accounts.
They are numbers on a piece of paper.
The privatekeys are associated with addresses had hold an amount of BTC , valued at: x.
Divide x by two and problems solved.

Or do you think that the judge is calculating the amount of wood and paint in a picture and not the value at which that painting can be sold on the market?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TiagoTiago on December 03, 2013, 05:33:24 PM
Wait, the guy was fucking the ex and his 5-years-old? Did the ex knew about that? 0.0


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Princee on December 04, 2013, 12:54:54 AM
It's just like DPR. He would get all of his BTC confiscated, but he probably has a brainwallet. He can claim he lost it all on SatoshiDice or say he got it stolen  ;) but we know that's not true and we can't do anything about it. He probably has all his fortune in cold storage. Your friend should do the same!

Tl;dr: Brainwallet > Cold storage > don't talk about BTC. It's that easy.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: hanwong on December 04, 2013, 02:16:41 AM
I realize the OP is trolling...

But this post brings up a good topic of conversation. Bitcoins are an asset and a source of wealth and will be divided in divorce. I'm sure bitcoins will come up in someones divorce sooner rather than later. I'd love to read that court case.

To paraphrase "Mo' bitcoins mo' problems"



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 04, 2013, 06:44:50 AM
It's just like DPR. He would get all of his BTC confiscated, but he probably has a brainwallet.

The FBI will make sure that he will get a life without parole (he is accused in 6 murder-for-hire incidents). What is the use with all those BTCs, if you never get a chance to use them? Maybe they'll be lost forever.  :'(


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 12:06:25 PM
Wait, the guy was fucking the ex and his 5-years-old? Did the ex knew about that? 0.0
Either you're retarded, or, you're a wanna be troll who's living in his mum's basement.
Check the Op thread and post history and you're going to see you're in a troll thread.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 12:08:25 PM
It's just like DPR. He would get all of his BTC confiscated, but he probably has a brainwallet. He can claim he lost it all on SatoshiDice or say he got it stolen  ;) but we know that's not true and we can't do anything about it. He probably has all his fortune in cold storage. Your friend should do the same!

Tl;dr: Brainwallet > Cold storage > don't talk about BTC. It's that easy.

Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 04, 2013, 05:20:04 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: RodeoX on December 04, 2013, 05:24:05 PM
Does he have a signed prenuptial agreement? Did he have them before the marriage? If not, I think half of what he is calling "his" coins are his wife's.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 05:26:22 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

O yeah , the best place for an ex drug dealer,and a so called pioneer of "free speech".


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: maz on December 04, 2013, 05:33:46 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

O yeah , the best place for an ex drug dealer,and a so called pioneer of "free speech".

I think he means the guy whos ex is screwing the black guy and the daughter.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 06:32:03 PM
So his wife cheat and now he has to give her half of his net worth. And if he don't he can go to jail, and the court can have scrutiny on all of his fucking like.

That's FUCKING SCARRY. America, what have you become?

Fortunately the op was trolling , so c you can rest calm. Nothing of that shit really happened.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Pente on December 04, 2013, 06:32:50 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

Asylum? Just go to the Philippines and disappear in Manila. Manila is HUGE and packed full of people. I have never been stopped or questioned by a cop in all the years that I have visited. Most people speak some english and their language, tagalog, is easy to learn. Girls are easy to meet, if you are shy, go online and use cherry blossoms or dateinasia.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 06:33:21 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

O yeah , the best place for an ex drug dealer,and a so called pioneer of "free speech".

I think he means the guy whos ex is screwing the black guy and the daughter.

Yeah , that guy only quoted my response , but my response was to somebody talking about DPR.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on December 04, 2013, 06:35:13 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

Asylum? Just go to the Philippines and disappear in Manila. Manila is HUGE and packed full of people. I have never been stopped or questioned by a cop in all the years that I have visited. Most people speak some english and their language, tagalog, is easy to learn. Girls are easy to meet, if you are shy, go online and use cherry blossoms or dateinasia.


Again . the original example was DPR. not this ordinary guy.
Secondary , you can walk freely because you don't have 100 millions stashed away.
Wait till your neighborhood finds that out...


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bernard75 on December 04, 2013, 10:17:42 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

There are many more countries that dont have an extradition treaty with the US.
He could just travel between them forever on normal VISAs.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TiagoTiago on December 04, 2013, 11:02:20 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

There are many more countries that dont have an extradition treaty with the US.
He could just travel between them forever on normal VISAs.
Didn't they stop a president's plane while it was over another country for suspicion he was smuggling Snowden to the LA?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bernard75 on December 04, 2013, 11:07:48 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

There are many more countries that dont have an extradition treaty with the US.
He could just travel between them forever on normal VISAs.
Didn't they stop a president's plane while it was over another country for suspicion he was smuggling Snowden to the LA?

It was the Bolivian president and he was certainly not flying to LA.
You simply have to avoid US loving countries airspace.
And i doubt they would pull a stunt like this again anyway.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Rampion on December 04, 2013, 11:14:57 PM
First I think it is crazy that a court can make you share your assets with your ex-wife. You guys have some crazy laws in your part of the planet. I hear Berlusconni has to pay millions of Euros every month to his ex-wife as "alimony". I just don't see what the justification is for something like that.

But yeah your courts are strong and they will make your friend pay up. Bitcoins are considered money now and hiding assets there is no excuse. We learned that when the SEC charged pirate.


Berlusconi pays to his ex wife exactly 100k eur per day (3 million eur per month). :D


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TiagoTiago on December 04, 2013, 11:22:05 PM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

There are many more countries that dont have an extradition treaty with the US.
He could just travel between them forever on normal VISAs.
Didn't they stop a president's plane while it was over another country for suspicion he was smuggling Snowden to the LA?

It was the Bolivian president and he was certainly not flying to LA.
You simply have to avoid US loving countries airspace.
And i doubt they would pull a stunt like this again anyway.
Latin America, not Los Angeles.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 05, 2013, 01:11:28 AM
It was the Bolivian president and he was certainly not flying to LA.
You simply have to avoid US loving countries airspace.
And i doubt they would pull a stunt like this again anyway.

The Americans pulled up that stunt because Snowden was in the possession of national secrets. But I don't think that they will do the same to someone, who is just running away from his ex-wife.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: eoJ on December 14, 2013, 12:24:41 AM
Who needs lawyers, just ask Bitcointalk, you can't lose...

Not if he claimed he gambled it all away on satoshi dice?
That will go down well when it comes to custody.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: EnderHf on December 17, 2013, 01:21:41 AM
Yeah the court does have that power the best way for this to roll out is if your friend sells his btc to his parents or a friend that he can trust and once the divorce is over get them back


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: hanwong on December 17, 2013, 11:21:56 PM
Who needs lawyers, just ask Bitcointalk, you can't lose...



+1



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bryant.coleman on December 19, 2013, 10:17:53 AM
Yeah the court does have that power the best way for this to roll out is if your friend sells his btc to his parents or a friend that he can trust and once the divorce is over get them back

No. The divorce proceedings have already started. Now he can't do that. May be before the proceedings it was possible.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TheFootMan on June 04, 2014, 06:40:28 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

Make sure to confuse these issues proper. If you live in Texas, claim you're living in China, and if the wife fucked a hispanic dude, claim it was an eskimo, and if you have a daughter, claim you have 3 sons, that way those lawyers can't trace you here. :p


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: LostDutchman on June 04, 2014, 06:13:02 PM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

Yes.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: nickenburg on June 04, 2014, 06:17:08 PM
Must be really fucked to have a wife, and she cheats on you with another dude.
And you still have to pay 50% of your assets because you married her.
Isnt there something so he doesnt have to pay anything because she cheated?
Im sure you cant cheat on your partner when your married, and when you want to divorce her because she cheated, there must be other rules for that?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: btcbug on June 04, 2014, 06:40:38 PM
If he does not disclose all of his assets and it is later found that he knowingly withheld that information he would go to prison.

He could, however, list it among a long list of items such as this:

Lexus
18 Ping Golf clubs
1 Lenovo with 2Gig of Ram, 300 BTC, 2.4 GHz CPU, 2TB SSD
1 iPhone 4
100 BTU space heater
...


Lol that is good!


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: spazzdla on June 04, 2014, 06:44:03 PM
Life sucks if you have a penis buddy.

NEVER EVER EVER EVER get married, ever.  60-70% chance they take half your shit and continue too for a long time.  Never get married not worth the risk one bit.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: scribbles on June 06, 2014, 06:49:17 PM

The OP leaves out a key piece of information - how were the bitcoins acquired?

If they were acquired through a method not connected to financial institutions reviewable by the court (mining, person to person, payment for services, etc.) then in the US he could just turn over all financial documents, outside of BTC, through his lawyer and stay quiet.

However, if he purchased coin through an exchange like coinbase, there will be a paper trail and the court can hold him in contempt. Saying it was stolen will be too convenient of an explanation and the judge may still hold him in contempt.

All this being said, it's an interesting topic but the post doesn't sound real. I also don't understand how being "a black guy" is relevant, unless the OP is racist and somehow sees this as an additional insult to the cheating.



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: redwhitenblue on June 07, 2014, 03:50:09 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

It would not be possible to seize BTC that your former roommate has in his wallet.

With that being said in the event that a Judge finds that he did in fact hide assets (or not comply with an order to give assets to his former wife) then he could be held in contempt of court (put in jail) until he complies.

Personally I would not risk my freedom for a few hundred thousand dollars (or even millions of dollars).


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 11, 2014, 03:36:33 AM
Life sucks if you have a penis buddy.

NEVER EVER EVER EVER get married, ever.  60-70% chance they take half your shit and continue too for a long time.  Never get married not worth the risk one bit.

A prenuptial agreement will protect you if you have a lot of income/assets.

The OP should not hide assets. The court cannot force you to give an exwife BTC but can hold you in contempt if you hide assets and/or do not pay what the court rules must be paid.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: LostDutchman on June 11, 2014, 05:11:43 AM
Life sucks if you have a penis buddy.

NEVER EVER EVER EVER get married, ever.  60-70% chance they take half your shit and continue too for a long time.  Never get married not worth the risk one bit.

A prenuptial agreement will protect you if you have a lot of income/assets.

The OP should not hide assets. The court cannot force you to give an exwife BTC but can hold you in contempt if you hide assets and/or do not pay what the court rules must be paid.

Horseshit.

Bitcoin has been defined as property and the court can do just what the fuck it wants with property.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Ron~Popeil on June 11, 2014, 05:32:00 AM
Life sucks if you have a penis buddy.

NEVER EVER EVER EVER get married, ever.  60-70% chance they take half your shit and continue too for a long time.  Never get married not worth the risk one bit.

A prenuptial agreement will protect you if you have a lot of income/assets.

The OP should not hide assets. The court cannot force you to give an exwife BTC but can hold you in contempt if you hide assets and/or do not pay what the court rules must be paid.

Horseshit.

Bitcoin has been defined as property and the court can do just what the fuck it wants with property.

Pretty much this. I worked in my father in laws office during the summer while I was in college. You would be amazed at some of the ideas people thought made sense about hiding property. If she knows about the BTC he will have to account for it. 


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: haploid23 on June 11, 2014, 08:33:40 AM
^ She won't know about btc, she's just a women  :D

Joking aside, it really depends on what assets he sold and how he sold it. If the asset was gold/silver and he sold and took in cash, which then later bought btc with cash, then it's a paperless trail and can easily get away with. Now if he sold a house or anything very hard to hide, then the court can follow where the money went, and will question where it ended up.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ajareselde on June 11, 2014, 10:15:26 AM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?

keeping it realisting, i believe they have the right... BUT .. just backup wallet to some usb and create a new one
say how that is your wallet now, old one was hacked.. tada!


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: niothor on June 11, 2014, 12:26:14 PM
I really can't believe people are STILL taking this seriously and even asking more information from the op..


Did you at lest check who this gabriella is and what kind of posts "she" makes?

Total Posts:   87 posts
Total Topics Started:   75 topics

Really ,

i will be 16 in 3 months’s time! ^_^

and now the story about her college mate





Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 11, 2014, 06:58:42 PM
What state jurisdiction is it?

It will be all about saying the truth or not and proving that he bought/still have the bitcoins

Quote
If he doesn't want to do that there are probably ways he could establish plausible deniability with regards to holding those Bitcoins, but having a friend post the details of his situation on a public forum wouldn't be a good way to start.

OP might want to change a few details in the story so it is harder to relate the story to the reality


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: nwfella on June 12, 2014, 02:00:34 AM
'I swear your honor...I lost my private key!'

I agree with the gentleman that stated earlier it largely has to do with how much of a paper trail he generated.  If we are talking large ticket items, cars, houses, boats, etc. more than likely he'll get hammered.  (or at least they will try)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: jjc326 on June 12, 2014, 02:51:48 PM
I think a divorce proceeding and court have the authority to factor in all assets when coming up with a reasonable distribution of assets.  I think that includes the BTC wallet.  Sure, the guy could try to hide the BTC but if he gets found out he's in big trouble, and I think even criminally.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: superresistant on June 12, 2014, 03:15:00 PM

Guys this is old.

December 03, 2013, 08:30:41 AM

OP was trolling.





Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Justin00 on June 12, 2014, 03:19:05 PM
how would the courts find out about the true number of them ? if any at  all........


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 12, 2014, 05:38:04 PM

Guys this is old.

December 03, 2013, 08:30:41 AM

OP was trolling.





Oh I usually check the date, good point superresistant!

It is a real problem and a real question : you are suppose to tell all your assets during a divorce


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: RodeoX on June 12, 2014, 05:53:32 PM
'I swear your honor...I lost my private key!'
...
No problem, your ex-wife's attorney will also take a check.  ;D

These guys who get mad about being fleeced in a divorce seem to be forgetting that they signed a contract. If you agree to a shitty contract then you are to blame, not the counter-party.   


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 12, 2014, 07:55:32 PM
'I swear your honor...I lost my private key!'
...
No problem, your ex-wife's attorney will also take a check.  ;D

These guys who get mad about being fleeced in a divorce seem to be forgetting that they signed a contract. If you agree to a shitty contract then you are to blame, not the counter-party.   

It's not surprising guys are reluctant to get married when you see that it seems like a bad economical deal for them


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 13, 2014, 01:21:45 AM
'I swear your honor...I lost my private key!'

I agree with the gentleman that stated earlier it largely has to do with how much of a paper trail he generated.  If we are talking large ticket items, cars, houses, boats, etc. more than likely he'll get hammered.  (or at least they will try)

This could be considered to be hiding assets and he could be held in contempt of court if he did not give his exwife 1/2 of what the court thought were his assets.

Although it is impossible to "force" someone to send a transaction, the loss of one's freedom is likely going to compel them to comply (or the threat thereof).


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Ashbite on June 13, 2014, 10:26:15 AM
Bitcoin is non-seizable right?
And what if he says that he lost it all on a gamble site out of misery?

You can make up tons of things to not let her have the money tbh.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 13, 2014, 05:23:49 PM
Bitcoin is non-seizable right?
And what if he says that he lost it all on a gamble site out of misery?

You can make up tons of things to not let her have the money tbh.

If the judge thinks he lies he will be in trouble and he will need to pay, you cannot always get away by lying


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 13, 2014, 11:47:34 PM
Bitcoin is non-seizable right?
And what if he says that he lost it all on a gamble site out of misery?

You can make up tons of things to not let her have the money tbh.

You could say the same thing about cash.

A judge would probably want proof.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 14, 2014, 05:10:57 PM
Bitcoin is non-seizable right?
And what if he says that he lost it all on a gamble site out of misery?

You can make up tons of things to not let her have the money tbh.

If the judge thinks he lies he will be in trouble and he will need to pay, you cannot always get away by lying

If the judge thinks you are lying then you will be in more trouble then just having lost your money, you would potentially be going to jail.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: rapeghost on June 14, 2014, 05:30:08 PM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?


Cause the race of the guy she was fscking matters, right?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Jamie_Boulder on June 14, 2014, 05:39:42 PM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 15, 2014, 11:00:01 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: jaberwock on June 15, 2014, 11:50:11 AM
Well , I don't know how that goes but if he denies in court that he has any other bitcoins(valuables) in his possession and after he is released he gets caught using them , well , isn't he going back to court for another round?

Not if he gets asylum in North Korea or Russia (or more realistically in Venezuela or Cuba).

Asylum? Just go to the Philippines and disappear in Manila. Manila is HUGE and packed full of people. I have never been stopped or questioned by a cop in all the years that I have visited. Most people speak some english and their language, tagalog, is easy to learn. Girls are easy to meet, if you are shy, go online and use cherry blossoms or dateinasia.

In the Philippines the bitch won't receive even 1 satoshi.

If you caught your wife or husband on the act of having intercourse you can kill them both without jail time.

Quote
Article 247 states the following: "Any legally married person who, having surprised his spouse in the act of committing sexual intercourse with another person, shall kill any of them or both of them in the act of or immediately thereafter, or shall inflict upon them any serious physical injury, shall suffer the penalty of destierro. If he shall inflict upon them physical injuries of any other kind, he shall be exempt from punishment. These rules shall be applicable, under the same circumstances, to parents with respect to their daughters under 18 years of age, and their seducer, while the daughters are living with their parents."

The killer is merely penalized with destierro or prohibited from entering a place designated by the court.


If you do not caught her on the act you can sue her with adultery.

Adultery committed by a man fall under the Phil. laws that governed the Laws of Chastity. Hence only an unfaithful woman is charged with adultery, and if the man involved was aware she was married, then he too is punished.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 15, 2014, 07:40:20 PM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 15, 2014, 10:37:17 PM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: LostDutchman on June 15, 2014, 11:56:58 PM
Just tell the silly SOB to get a lwayer and stop wasting bandwidth.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 16, 2014, 01:43:00 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 16, 2014, 01:44:02 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.

Most prenups have clauses that say the spouse that is "worse" off will get something in the event of a divorce.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 16, 2014, 09:08:32 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.

Most prenups have clauses that say the spouse that is "worse" off will get something in the event of a divorce.

It is all about knowing what you are signing for and agreeing with it

If you want to give half in case of divorce it's all good; time, effort and sacrifices need to be rewarded and it needs to be negotiated before hand


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 16, 2014, 11:42:09 PM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.

Most prenups have clauses that say the spouse that is "worse" off will get something in the event of a divorce.

It is all about knowing what you are signing for and agreeing with it

If you want to give half in case of divorce it's all good; time, effort and sacrifices need to be rewarded and it needs to be negotiated before hand

I agree, but a prenup is generally not a free lunch. The other party would likely not sign the pre nup if they received nothing.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: boumalo on June 18, 2014, 11:59:38 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.

Most prenups have clauses that say the spouse that is "worse" off will get something in the event of a divorce.

It is all about knowing what you are signing for and agreeing with it

If you want to give half in case of divorce it's all good; time, effort and sacrifices need to be rewarded and it needs to be negotiated before hand

I agree, but a prenup is generally not a free lunch. The other party would likely not sign the pre nup if they received nothing.

The worse off is likely to apply emotional blackmail to get a better deal : "we shouldn't plan on divorcing so we shouldn't sign a prenup" is a classic sentence of someone thinking about getting a better deal in case things go wrong


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: polynesia on June 18, 2014, 04:01:59 PM
Here is a whole article devoted to the topic.

http://www.dailyfinance.com/2014/06/16/bitcoin-high-tech-way-hide-assets-divorce/


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: beetcoin on June 18, 2014, 06:48:01 PM
if they can't even prove that he has bitcoin, how would they be able to seize his money? how would they even go about proving that he owns such and such wallet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: polynesia on June 19, 2014, 01:08:40 AM
if they can't even prove that he has bitcoin, how would they be able to seize his money? how would they even go about proving that he owns such and such wallet?

He would be taking a chance and committing perjury if he falsifies his asset declaration. If and when the bitcoins get linked to his name, he would be in trouble.  :)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 19, 2014, 07:39:34 AM
They follow the money and see what he did with it.  If he'd mixed it at SR for example, that would be good because it could've been lost. They say he dissipated the assets.  They say, you are in contempt until you come up with $X.

In short: She whores around.  She gets to get f&$@ed by some other guy,, he gets to get f$&@ed all over again by her in court.

in all seriousness -

how could they?

i like his plan.

What if he just said "I developed a gaming addiction and lost it all on a cryptocurrency gambling website"

Which in reality is completely possible and unproveable in the courts eyes seeing as none of the crypto gambling sites are registered with a government authority. Does this mean any married man who loses significant portion of his assets could go to jail for life for not being able to prove the means of which he lost it? Would be surprised if this was the case TBH.

If you cannot prove it and the judge is doubtful it will not stand in court

The rules of evidence are very strange in divorce court.

The person with the economic disadvantage almost always has an advantage in court

Of course and it is why you need a pre-nup or to be the one with the economic disadvantage

If written properly and executed properly a prenup can be very valuable.

Most prenups have clauses that say the spouse that is "worse" off will get something in the event of a divorce.

It is all about knowing what you are signing for and agreeing with it

If you want to give half in case of divorce it's all good; time, effort and sacrifices need to be rewarded and it needs to be negotiated before hand

I agree, but a prenup is generally not a free lunch. The other party would likely not sign the pre nup if they received nothing.

The worse off is likely to apply emotional blackmail to get a better deal : "we shouldn't plan on divorcing so we shouldn't sign a prenup" is a classic sentence of someone thinking about getting a better deal in case things go wrong

When one person is much better off then the other then this would likely not be something that would work as the reasons are too obvious that one spouse could potentially be getting married for money


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: gondel on June 21, 2014, 12:49:16 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 21, 2014, 01:48:39 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel
if they can't even prove that he has bitcoin, how would they be able to seize his money? how would they even go about proving that he owns such and such wallet?

He would be taking a chance and committing perjury if he falsifies his asset declaration. If and when the bitcoins get linked to his name, he would be in trouble.  :)

If you hide the money and cannot prove where it went you can be liable of it


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Bitcoin Magazine on June 21, 2014, 01:50:22 PM
never getting married, until i find my soul mate (i'd die for her, literally).


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: wachtwoord on June 21, 2014, 01:58:20 PM
1 Lenovo with 2Gig of Ram, 300 BTC, 2.4 GHz CPU, 2TB SSD
Nice - I like that.


You probably have to provide an estimated value. Estimate wrong and you'll be fucked later for providing too low a valuation on purpose, estimate correctly and draw attention. Just leave the country and start over somewhere else. Use the Bitcoin to buy a new identity.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 21, 2014, 04:48:15 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel

The government has no way to force you to give someone your bitcoin, this is part of the Bitcoin protocol.

There are a number of things the government could do to give up your bitcoin in the event of a Judgment.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: wachtwoord on June 21, 2014, 04:56:21 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel

The government has no way to force you to give someone your bitcoin, this is part of the Bitcoin protocol.

There are a number of things the government could do to give up your bitcoin in the event of a Judgment.

There's always the $5 wrench ...


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Mining Cow on June 21, 2014, 05:46:00 PM
You might have to make up a fake story if you'd really like to, but they can't really seize your Bitcoins. I'm sure they are referring to USD or whatever currency is applicable for you.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 21, 2014, 09:24:34 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel

The government has no way to force you to give someone your bitcoin, this is part of the Bitcoin protocol.

There are a number of things the government could do to give up your bitcoin in the event of a Judgment.

There's always the $5 wrench ...
LOL

There are ways that can be more more painful that the government can use then a wrench......


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bigasic on June 21, 2014, 09:26:34 PM
Well, as others have probably stated, bitcoins are considered property in the USA, so I would think that if a judge awarded 1/2 the assets, that would include bitcoin since it is an asset...


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: wachtwoord on June 21, 2014, 10:45:45 PM
Hello,
In my opinion government cannot touch your BTC wallet, because it is still not stated clearly in the laws. It needs time for the judgment system to describe BTC adn all crypto and to put a hand on it. Your friend should buy a ticket and go live on some islands with that much coins in his pocket BTW
BR
Gondel

The government has no way to force you to give someone your bitcoin, this is part of the Bitcoin protocol.

There are a number of things the government could do to give up your bitcoin in the event of a Judgment.

There's always the $5 wrench ...
LOL

There are ways that can be more more painful that the government can use then a wrench......

Yes. The government will just take your freedom until you pay.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: KyrosKrane on June 22, 2014, 11:55:59 AM
Let's say, prior to a divorce, one spouse withdraws a large chunk of cash, goes to Vegas, and at the conclusion of the trip, declares that he lost all the cash gambling. In reality, he socks the cash away somewhere he can retrieve it discreetly after the divorce.

How do divorce lawyers deal with this scenario?  It's pretty obvious, so I'm sure there's a known or standard way to handle it. How would they distinguish it from a guy who genuinely loses the cash, saying, "I would rather gamble away all that money than let her have a dime of it!"

The bitcoin variant would be to quietly buy some btc for cash in Vegas, while playing a little to provide some cover for the purported losses. I'm sure this is all kinds of illegal and would result in serious penalties if caught, but then, how would the lawyers go about investigating this and proving it to the court's satisfaction?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 23, 2014, 10:02:49 AM
Let's say, prior to a divorce, one spouse withdraws a large chunk of cash, goes to Vegas, and at the conclusion of the trip, declares that he lost all the cash gambling. In reality, he socks the cash away somewhere he can retrieve it discreetly after the divorce.

How do divorce lawyers deal with this scenario?  It's pretty obvious, so I'm sure there's a known or standard way to handle it. How would they distinguish it from a guy who genuinely loses the cash, saying, "I would rather gamble away all that money than let her have a dime of it!"

The bitcoin variant would be to quietly buy some btc for cash in Vegas, while playing a little to provide some cover for the purported losses. I'm sure this is all kinds of illegal and would result in serious penalties if caught, but then, how would the lawyers go about investigating this and proving it to the court's satisfaction?

You had the money, you wire it, then you say you lost it so you would have to prove you lost it and it could be considered dissipation

http://www.gitlin.com/family-law/non-marital-spouse-spending/


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 23, 2014, 09:05:20 PM
I would put it on an exchange switch it to darkcoin and hide it, say he spent it on porn and you have an online titty addiction. Once the trial is over go ahead and exchange it back, take a bite on any lost if darkcoin goes down. (beats losing 50%)

That would probably be considered dissipation and he would owe everything he spent

Look at the last link I posted


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: kibblesnbits on June 24, 2014, 01:18:28 AM
Let's say, prior to a divorce, one spouse withdraws a large chunk of cash, goes to Vegas, and at the conclusion of the trip, declares that he lost all the cash gambling. In reality, he socks the cash away somewhere he can retrieve it discreetly after the divorce.

How do divorce lawyers deal with this scenario?  It's pretty obvious, so I'm sure there's a known or standard way to handle it. How would they distinguish it from a guy who genuinely loses the cash, saying, "I would rather gamble away all that money than let her have a dime of it!"

The bitcoin variant would be to quietly buy some btc for cash in Vegas, while playing a little to provide some cover for the purported losses. I'm sure this is all kinds of illegal and would result in serious penalties if caught, but then, how would the lawyers go about investigating this and proving it to the court's satisfaction?

Security Cameras + Subpoena + False Testimony = one screwed hubby


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 24, 2014, 02:43:37 AM
Let's say, prior to a divorce, one spouse withdraws a large chunk of cash, goes to Vegas, and at the conclusion of the trip, declares that he lost all the cash gambling. In reality, he socks the cash away somewhere he can retrieve it discreetly after the divorce.

How do divorce lawyers deal with this scenario?  It's pretty obvious, so I'm sure there's a known or standard way to handle it. How would they distinguish it from a guy who genuinely loses the cash, saying, "I would rather gamble away all that money than let her have a dime of it!"

The bitcoin variant would be to quietly buy some btc for cash in Vegas, while playing a little to provide some cover for the purported losses. I'm sure this is all kinds of illegal and would result in serious penalties if caught, but then, how would the lawyers go about investigating this and proving it to the court's satisfaction?
The opposing attorney could and likely would look for additional proof above his "word"

Casinos easily track their patrons and how much they are up/down 


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TheFootMan on June 24, 2014, 02:40:06 PM
Casinos easily track their patrons and how much they are up/down 

They do? And isn't there a hostload of illegal joints, bookies and dealers where there are no receipts and/or control?

How about: I took all the money out in cash, because I'd rather gamble it away than let that bitch get it, then I went to Las Vegas, and I lost some 10K at Casino Royale (provable), then I went for a drink in a bar, where I met a gentleman who invited me to a private high stakes texas holdem party, and I got really drunk and lost the whole lot.

How could it be proved that the cash still exists? Would the judge rule that the man has to pay half of what he had prior to the trip? What would the difference be in reality whether a business slowly drained money away or if you lost it all in a moment of foolishness? The end reality would be that it was all lost permanently.

Perhaps the phrase 'I'd rather gamble it away than give it to the ex-wife' wouldn't go well with the court, but I can think of a number of other scenarios where a man could "reduce" his net worth without the money being lost forever.

I would think such cases could be really hard to investigate. Don't you need very hard proof the money still exists?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: scribbles on June 24, 2014, 07:48:49 PM

Perhaps the phrase 'I'd rather gamble it away than give it to the ex-wife' wouldn't go well with the court...


Exactly. If a man took money out of the bank (community property in most states) and then lost gambling, the judge could decide to offset that in the asset distribution of the divorce. If the judge were especially unhappy with this kind of behavior it could really backfire.

Gentlemen, if your are single, put you money in cold storage wallets BEFORE you get married. Wish I would have known about bitcoin in 2011  :-\





Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: RodeoX on June 24, 2014, 07:59:49 PM
You could gamble it all away, but you still owe the money. That is because it is not your money, it is your ex-wife's money.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: okotomi1 on June 24, 2014, 10:33:19 PM
The whole problem is that he was acting in bad faith as he turned assets into BTC. Even is the law is not the same, the judges all over the world do not like this kind of behaviour. At the end it does not matter if he was buying gold or BTC.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 25, 2014, 12:00:57 AM
Casinos easily track their patrons and how much they are up/down 

They do? And isn't there a hostload of illegal joints, bookies and dealers where there are no receipts and/or control?

How about: I took all the money out in cash, because I'd rather gamble it away than let that bitch get it, then I went to Las Vegas, and I lost some 10K at Casino Royale (provable), then I went for a drink in a bar, where I met a gentleman who invited me to a private high stakes texas holdem party, and I got really drunk and lost the whole lot.

How could it be proved that the cash still exists? Would the judge rule that the man has to pay half of what he had prior to the trip? What would the difference be in reality whether a business slowly drained money away or if you lost it all in a moment of foolishness? The end reality would be that it was all lost permanently.

Perhaps the phrase 'I'd rather gamble it away than give it to the ex-wife' wouldn't go well with the court, but I can think of a number of other scenarios where a man could "reduce" his net worth without the money being lost forever.

I would think such cases could be really hard to investigate. Don't you need very hard proof the money still exists?
You can make up any story/scenario but in order for it to be accepted the Judge would need to accept it.

A business slowly draining the money away is much more audit-able then one foolish mistake. It is also something that would be caused by a bad economy/market (something out of his control) as opposed to one foolish mistake is caused by poor judgment.

Unless he had made one very good investment it is likely that he has a substantial amount of income that would generate and grow his wealth to get it to be where it was before it was "gambled away" so he could simply have more of his earning taken (or possibly garnished) if his assets were to "be lost in a bad bet" 


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on June 25, 2014, 12:52:14 AM
You could gamble it all away, but you still owe the money. That is because it is not your money, it is your ex-wife's money.
What if you were to gamble it away when the marriage was falling apart beyond repair but divorce had not been brought up yet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 25, 2014, 11:49:23 AM
Casinos easily track their patrons and how much they are up/down 

They do? And isn't there a hostload of illegal joints, bookies and dealers where there are no receipts and/or control?

How about: I took all the money out in cash, because I'd rather gamble it away than let that bitch get it, then I went to Las Vegas, and I lost some 10K at Casino Royale (provable), then I went for a drink in a bar, where I met a gentleman who invited me to a private high stakes texas holdem party, and I got really drunk and lost the whole lot.

How could it be proved that the cash still exists? Would the judge rule that the man has to pay half of what he had prior to the trip? What would the difference be in reality whether a business slowly drained money away or if you lost it all in a moment of foolishness? The end reality would be that it was all lost permanently.

Perhaps the phrase 'I'd rather gamble it away than give it to the ex-wife' wouldn't go well with the court, but I can think of a number of other scenarios where a man could "reduce" his net worth without the money being lost forever.

I would think such cases could be really hard to investigate. Don't you need very hard proof the money still exists?

That would be considered dissipation at best if it happens after the marriage having been irretrievably broken down

You could gamble it all away, but you still owe the money. That is because it is not your money, it is your ex-wife's money.
What if you were to gamble it away when the marriage was falling apart beyond repair but divorce had not been brought up yet?

It would be usually be considered dissipation as well so you would owe half the money you lost to your ex-wife

You can create a situation where you can argue that it is not dissipation with a reasonable chance to convince the judge but most of the time if you gamble the money after the marriage have been irretrievably broken down, it would be considered dissipation

In some cases you could argue that the marriage wasn't irretrievably broken down when you gamble the money away and that your wife knew you were a gambler and didn't do anything to stop you


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: RodeoX on June 25, 2014, 04:54:52 PM
You could gamble it all away, but you still owe the money. That is because it is not your money, it is your ex-wife's money.
What if you were to gamble it away when the marriage was falling apart beyond repair but divorce had not been brought up yet?
I'm not a lawyer, but my understanding is that dissipation would then be the issue. (as mentioned above). It would be quite a risk and not very sensible. You would go from giving half of your coins away to giving them all away and still having a bill to pay.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 25, 2014, 07:03:57 PM
The whole problem is that he was acting in bad faith as he turned assets into BTC. Even is the law is not the same, the judges all over the world do not like this kind of behaviour. At the end it does not matter if he was buying gold or BTC.
Bitcoin is known and has some laws regarding it but alt coins do not and a major law will not be implemented over a civil divorce case, if he is trying to hide his funds Bitcoin is not the way to do that probably darkcoin is.

When the marriage is irretrievably broken down, you will be reliable for the money you spent that is not beneficial or commun for the household, buying darkcoin would be the same as hiding cash


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: ShakyhandsBTCer on June 26, 2014, 04:56:22 AM
The whole problem is that he was acting in bad faith as he turned assets into BTC. Even is the law is not the same, the judges all over the world do not like this kind of behaviour. At the end it does not matter if he was buying gold or BTC.
Bitcoin is known and has some laws regarding it but alt coins do not and a major law will not be implemented over a civil divorce case, if he is trying to hide his funds Bitcoin is not the way to do that probably darkcoin is.

When the marriage is irretrievably broken down, you will be reliable for the money you spent that is not beneficial or commun for the household, buying darkcoin would be the same as hiding cash
The fact that it was "irretrievably broken down" at any one point in time can be disputed, and while it may be easy to say that with 20/20 hindsight vision, it would be difficult to say that with certainty in the present


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: TaunSew on June 26, 2014, 10:38:12 PM
I can't believe 9 pages of a fake divorce is still being bumped.

If it's the US - all divorces are public record, so before you continue to spam this thread at least verify it's a real divorce (99% chance it's not).  As well the courts have dealt with billions of divorce cases going back to a hundred years, they know how to find out if someone was sneaking out funds before or following the divorce papers

There's been one guy on Bitcointalk who did convert all his money into BTC and fled for Latin America, don't recall his username but that was definitely a real story. 


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: LostDutchman on June 27, 2014, 12:23:52 AM
I can't believe 9 pages of a fake divorce is still being bumped.

If it's the US - all divorces are public record, so before you continue to spam this thread at least verify it's a real divorce (99% chance it's not).  As well the courts have dealt with billions of divorce cases going back to a hundred years, they know how to find out if someone was sneaking out funds before or following the divorce papers

There's been one guy on Bitcointalk who did convert all his money into BTC and fled for Latin America, don't recall his username but that was definitely a real story. 


Depends on how well you hide your assetts.......................................................

Think about it.

Been gone for a while due to health issues but everything is OK now.

Just kind of took a break from the madness of crypto!


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on June 27, 2014, 03:48:25 PM
I can't believe 9 pages of a fake divorce is still being bumped.

If it's the US - all divorces are public record, so before you continue to spam this thread at least verify it's a real divorce (99% chance it's not).  As well the courts have dealt with billions of divorce cases going back to a hundred years, they know how to find out if someone was sneaking out funds before or following the divorce papers

There's been one guy on Bitcointalk who did convert all his money into BTC and fled for Latin America, don't recall his username but that was definitely a real story. 

Well i think it is more of the what if sceneario then caring if it is a real thing or not. We all know it is fake.

Yes exactly, the topic is interesting anyway

Hiding money in crypto is not easier than hiding money in cash, it is probably even harder; once it is hide it is obviously way more convenient to move it around and you can enjoy the appreciation in value; Bitcoin is not great to cheat, it is great because the technology is useful


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: williamj2543 on June 27, 2014, 03:49:38 PM
Just don't say the address that this money is being stored on and they will have no way of recovering it without the private key.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: film2240 on June 27, 2014, 05:19:31 PM
my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?
I think that the court will try to say yes it can but that's assuming Bitcoins are classed as money from a legal point of view,which will be complex as different countries have different views on this.

In theory all you would have to do is just encrypt your wallet.dat file,that way if the computers,phones,tablets,etc get seized for investigation,your Bitcoins will still be safe as it'll require a key (plausible deniability would work well here if asked for the key.This won't work in UK as you can face 2 years in prison for refusing to surrender the password/key if requested).

I'm sorry to hear about what your friend went through.I hope that cheating ex-wife gets what she deserves (hint-nothing good anyway).


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: CoinDiver on June 27, 2014, 05:24:36 PM
They can order it to be done. They can "force" him to give up his private key. But at some point he would have to comply, or they would be successful. Losing them (either really or pretend) is the only way to stop them. I imagine any "reasonable" (and I use that very loosely) government would have to prove he didn't lose them.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: adv.kanishk on July 03, 2014, 03:08:16 AM
The main thing which you friend should have done is to hire a private investigator and show that she is in an extra marital affair and show infedility. This way he wouldn't have to even pay 1/2 of his earnings (As per law in our country). Anyway....since bitcoin are not covered under any deifinition of asset, currency, securiy etc. your friend can state that it is a computer generated software having intrinsic value which is still in beta or testing phase. At end there are other ways as well......lolllzzzz

Regards
--
Kanishk Agarwal
Advocate
CriTaxCorp
Criminal-Taxation-Corporate
www.critaxcorp.com
+919971666252
+919999966252

my college roommate is now a successful executive. 3 months ago he found out his wife was fxxking a black guy behind his back and his 5-year-old daughter.

since then he has kept quiet and converted as much asset as possible to about 850 bitcoins.

he just sprung the divorce on his ex-wife and now her lawyer is arguing he must have much more money than he claims to be.

the judge ordered he must turn over all his assets to give one half to his ex-wife.

does the court have right of access to his bitcoin wallet?


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: bigasic on July 03, 2014, 03:10:59 AM
Also, if its a huge number of coins, maybe he should consider counseling and get back together, :)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on July 04, 2014, 07:59:37 AM
They can order it to be done. They can "force" him to give up his private key. But at some point he would have to comply, or they would be successful. Losing them (either really or pretend) is the only way to stop them. I imagine any "reasonable" (and I use that very loosely) government would have to prove he didn't lose them.
Saying that you lost your private keys is very much like saying that you have lost cash. It should be taken with a healthy dose of skepticism.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: luttelcoin on July 06, 2014, 12:20:09 AM
Hide it well enough and no can do...



Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on July 06, 2014, 11:52:27 AM
Hide it well enough and no can do...



If you read the previous posts you will understand it probably won't help you to hide it because it would be considered dissipation at best


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: DISTRO72 on July 06, 2014, 11:57:41 AM
Within a marriage he could have send them away.

So whats left (nothing) goes 50% to her and 50% to him.

If he played Bitcoin Dice its just: away.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: globe-biz on July 06, 2014, 06:10:29 PM
She deserves to loose everything.Your money is safe dont worry


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: spazzdla on July 07, 2014, 02:29:46 PM
I highly doubt proving she is a cheating bitch will actually help.

Look what happend to Hulk Hogan...  Bitch cheats on him with some 20 and then takes him for EVERYTHING.

Lesson here:  If you have a penis be perpared for women to attempt to steal all of your cash and the cops to help them.  Get a pre nub or never get married.


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on July 08, 2014, 11:32:18 AM
Within a marriage he could have send them away.

So whats left (nothing) goes 50% to her and 50% to him.

If he played Bitcoin Dice its just: away.

If he played dice after the marriage was irretrievably broken down and he didn't use to gamble as much and regularly before it would be considered dissipation and he would have to reimburse half of what he lost to his wife

She deserves to loose everything.Your money is safe dont worry

no


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: kuusj98 on July 09, 2014, 02:42:26 PM
This idea is definantly a keeper, I mean, I hope I won't get divorced in my life buy may it happen I have a escape plan for all my money :P


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on July 09, 2014, 02:56:09 PM
This idea is definantly a keeper, I mean, I hope I won't get divorced in my life buy may it happen I have a escape plan for all my money :P

You haven't read the messages in this thread, did you? ;)

In summary, if after the marriage has been irretrievably broken down you spend your money for things you didn't use to spend it for before it will be considered dissipation and you will owe 50% to your wife


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: kuusj98 on July 09, 2014, 03:01:12 PM
This idea is definantly a keeper, I mean, I hope I won't get divorced in my life buy may it happen I have a escape plan for all my money :P

You haven't read the messages in this thread, did you? ;)

In summary, if after the marriage has been irretrievably broken down you spend your money for things you didn't use to spend it for before it will be considered dissipation and you will owe 50% to your wife
I actually did, but the fact is that law's are not the same everywhere my friend ;D
You could always keep a sum secret for your family in the form of Bitcoins, so incase you lose your job or something you always have something to back up your needs :)


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: picolo on July 11, 2014, 08:51:35 PM
This idea is definantly a keeper, I mean, I hope I won't get divorced in my life buy may it happen I have a escape plan for all my money :P

You haven't read the messages in this thread, did you? ;)

In summary, if after the marriage has been irretrievably broken down you spend your money for things you didn't use to spend it for before it will be considered dissipation and you will owe 50% to your wife
I actually did, but the fact is that law's are not the same everywhere my friend ;D
You could always keep a sum secret for your family in the form of Bitcoins, so incase you lose your job or something you always have something to back up your needs :)

If you slowly stash cash or bitcoins and you do it very carefully, you should get away with it especially if you earn cash in your job


Title: Re: My buddy is getting a divorce. Can the court seize half of his bitcoins?
Post by: Harley997 on July 12, 2014, 02:03:20 AM
This idea is definantly a keeper, I mean, I hope I won't get divorced in my life buy may it happen I have a escape plan for all my money :P

You haven't read the messages in this thread, did you? ;)

In summary, if after the marriage has been irretrievably broken down you spend your money for things you didn't use to spend it for before it will be considered dissipation and you will owe 50% to your wife
I actually did, but the fact is that law's are not the same everywhere my friend ;D
You could always keep a sum secret for your family in the form of Bitcoins, so incase you lose your job or something you always have something to back up your needs :)

If you slowly stash cash or bitcoins and you do it very carefully, you should get away with it especially if you earn cash in your job
In order for this to potentially work you would need to be stashing cash for a long time as most people with any amount of money to be had in a divorce will generally have a lot of disposable income making their existing assets what a spouse would probably go after.