My buddy is getting a divorce. Can the court seize half of his bitcoins?

[CoinDiver]

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.

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[adv.kanishk]

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
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Kanishk Agarwal
Advocate
CriTaxCorp
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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?

[bigasic]

Also, if its a huge number of coins, maybe he should consider counseling and get back together,

[Harley997]

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.

[luttelcoin]

Hide it well enough and no can do...

[picolo]

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

[DISTRO72]

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.

[globe-biz]

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

[spazzdla]

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.

[picolo]

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

[kuusj98]

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

[picolo]

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

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

[kuusj98]

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

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
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

[picolo]

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

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
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

[Harley997]

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

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
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.