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Author Topic: Proof of the ownership of BitCoins during a Divorce  (Read 479 times)
coolcoinz
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August 16, 2020, 02:46:10 PM
 #21

I agree with something mentioned a few posts above, that you should show your expenses, not only the wallet status on a tracking app. Were coins bought from your account? Were they bought using a shared account? Were they earned or maybe inherited. The court has to take all of it into consideration because if you find no proof that they were bought during marriage and your husband finds someone to testify that the coins were inherited by him you're going to have a hard time. Also, there's probably nothing that would stop your husband from buying a coin like Monero using a proxy (friend, family member) and lying in court than he never had any cryptocurrencies and the tracking app is showing some random address that was never his.

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August 16, 2020, 03:39:24 PM
 #22

I think this is a hard situation and must be doing in a legal way it's better to ask your lawyer because this is both properties of yours and I think the court must need to have the decision on this amount of cryptocurrency you are holding both. If you have both access to the wallet you just need to make sure this is a legal process but if you only have is the tracker about your address and wallet I think you cannot get those funds because you only have the Read property or just a preview.

My husband and I are separated and going through a divorce. He put the most of our money into Bitcoins and other small cryptocurrency.  He has a Portfolio with Alt Tracker, and we both have an access to it.

How to provide a copy of his (ours) portfolio for a legal matter?
It is very important to the future of our 4 children and myself.

Any help is greatly appreciated!



You need to gather information or concrete evidence about the crypto wealth of your husband. Better if you know the crypto wallet of your husband with the private key and password then you can ask help to your lawyer if how you can have part to that crypto wealth of your husband. Or,talk to your husband first about that and if he give you half much better without any hassle.
You know it was a very difficult situation because i don't think if the court will honor digital cryptocurrency as part of your conjugal rights/properties.

If she will take a different move and trying to force to take those coins without any permission to his husband there is a chance of filing a case because those are shared property must be  process into the legal way.

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August 16, 2020, 04:55:15 PM
 #23

Let's step away from the "Let's proof this" for a moment and ask her what type of marriage contract was in place, when they got married. Some contracts stipulate that any spouse can only claim for the things that was accumulated after they got married. Was anything mentioned before the marriage about wealth accumulated before the marriage?

Also consider the fact that your husband might have other coins that are not stored in the service where you have joint access and that you and your children have rights to those coins too. (Difficult to proof, but if he lies about this in court and this come out later, then he can get into big trouble.)

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August 16, 2020, 05:09:26 PM
 #24

Let's step away from the "Let's proof this" for a moment and ask her what type of marriage contract was in place, when they got married. Some contracts stipulate that any spouse can only claim for the things that was accumulated after they got married. Was anything mentioned before the marriage about wealth accumulated before the marriage?

Also consider the fact that your husband might have other coins that are not stored in the service where you have joint access and that you and your children have rights to those coins too. (Difficult to proof, but if he lies about this in court and this come out later, then he can get into big trouble.)

I believe this was answered when OP said that "He put the most of our money into Bitcoins". This means that Bitcoins were bought during marriage.
AFAIK if the decision was done during the course of marriage the profits belong to both of the partners.
I agree though that there's not enough information for us to be able to help and we don't know in which country they live.

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August 16, 2020, 11:02:42 PM
 #25

honestly it will be very complicated if you want to deal with things this way, the best option would be for you two to enter into an agreement and sell all the cryptocurrencies you have and then share the money. If you later want to invest in cryptocurrencies you can buy with your money, that way you will be able to deal with this problem and your children can also benefit
She wont ask things if his husband do agree into that matter this is why he do seek out for possible ways that she can get a part of those money that had been converted to crypto
but since she said that they both have access to it then they should really make an agreement on what you had suggested on where converting all with fiat and make it 50-50
partitioned or depending on what are the laws since the kids will be neither residing to its father or mother will surely get bigger percentage.

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August 16, 2020, 11:25:26 PM
 #26

These are called conjugal property if bitcoin is called as property in your country, or whatever you call it but the law itself says that you have to divide equally all you have when you are on divorce. Best way is to consult a lawyer so you'll get the best recommendation, then the technical job will follow.

At least both of you have access on the assets, you would know if this was move or not and only the two of you is responsible if ever it will move.

Life is uncertain but you need to secure the future of your kids, so it's just right to put everything in legal so that money will be divided according to the law.

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August 17, 2020, 04:03:44 PM
 #27

Asking or contacting the crypto exchange and requesting his trading history as well as his current holdings is doable. They should respond to this as long as you have the proper legal documents proving that you will need the data to split the money with your soon to be ex-husband. If both your husband and the crypto exchange deny your request it would be easy for a judge to provide a subpoena for the exchange forcing them to provide your husband's account history. This would be easy for you to investigate all the address connected to him allowing you to know the true value of what he is holding.
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August 18, 2020, 12:51:52 PM
 #28

honestly it will be very complicated if you want to deal with things this way, the best option would be for you two to enter into an agreement and sell all the cryptocurrencies you have and then share the money. If you later want to invest in cryptocurrencies you can buy with your money, that way you will be able to deal with this problem and your children can also benefit
I think this is the easiest option liquidate both of your Cryptocurrencies the real amount of money will show up once you both liquidate, then you can divide between the two of you and if you want to buy back then you can go on your own but it must be done in a timely manner because the market as we all know is very volatile.


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August 18, 2020, 07:22:49 PM
 #29

It depends on your country if you country doesn't regulate crypto currencies then it is hard to report it as a form of asset but it can be done in some form if you both got mutual understanding about dividing the assets you had.Better contact a legal advisor to get the appropriate results.

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August 18, 2020, 10:37:40 PM
 #30

IMO, if you will consult a lawyer or accountant it will only give you an additional fee to pay those who could help you in legal services, you two should talk about it and do it in the manner the way you exchange vows. However, if you decided to take half of it, make sure that you have all the information you need in case you want to claim what is rightfully yours. Portfolio, transaction history, Statement of Account, and Certification that you are married is legitimate. Because that belonged to the conjugal properties.

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August 18, 2020, 10:43:03 PM
 #31

If you have access to the wallet, you could sign a message with the address.
Here's a tutorial. Might be a little out of date but you could also respond there to ask questions. Potentially make a new thread too.

To sign a message from an address with the coins implies that you have access to the private key, which implies full control of the coins in it in terms of cryptography. This means that whoever put the keys in the address, even it it was a joint agreement, had essentially given you permission to hold the coins. And the signing of the message proves whatever you write in it in a verifiable manner permanently.

Well, if things are otherwise however, I'd say keep a track of all transactions just in case. But better come into an out of court settlement and hold your part securely with your own private keys. Stetting a precedent on such complicated and nuanced matters wouldn't be easy IMO so you should try to solve it through dialogue. Good luck.

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August 18, 2020, 10:55:42 PM
 #32

It depends on your country if you country doesn't regulate crypto currencies then it is hard to report it as a form of asset but it can be done in some form if you both got mutual understanding about dividing the assets you had.Better contact a legal advisor to get the appropriate results.

It's a divorce we are talking about so definitely a lawyer will be involved the main problem they'll be facing here is if her husband will be not cooperative when it comes to disclosing his earnings in the crypto market that's why I gave her an idea that she can request the trading history of his husband from the exchange so that he knows the total value of his holdings.
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August 19, 2020, 06:34:46 AM
 #33

honestly it will be very complicated if you want to deal with things this way, the best option would be for you two to enter into an agreement and sell all the cryptocurrencies you have and then share the money. If you later want to invest in cryptocurrencies you can buy with your money, that way you will be able to deal with this problem and your children can also benefit
I think this is the easiest option liquidate both of your Cryptocurrencies the real amount of money will show up once you both liquidate, then you can divide between the two of you and if you want to buy back then you can go on your own but it must be done in a timely manner because the market as we all know is very volatile.

this is hard , what if the other party wont agree to sell the crypto ? thats why her wife is here asking for any possibilities of dividing the funds without needing to sell them .  

this can be done with the help of a lawyer . whether the thing is valueable or not , both parties have the rights to divide them or to claim them if they own it  .
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August 19, 2020, 07:05:44 AM
 #34

Really interesting discussion , I’ve been watching this thread closely. This is something a lot of people will be thinking about. I really do hope the OP comes back to look at her post as she hasn’t been back on the forum since starting the thread - 4 days now !
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August 19, 2020, 11:59:14 PM
 #35

Really interesting discussion , I’ve been watching this thread closely. This is something a lot of people will be thinking about. I really do hope the OP comes back to look at her post as she hasn’t been back on the forum since starting the thread - 4 days now !
Maybe she forgotten to logged in back and check on communities feedback regarding into here problem or it seems that she had already heard up some good advise from a lawyer locally because in this kind of case
which would really be in legal matter on where people who do work on this field will most likely had the best solution.

When you do get married then all properties will really be conjugal which means both husband and wife would own all of the properties or belongings.So they do have the full rights and when it comes on divorce
then we dont have much idea on what would be the arrangement on this one.

Ownership will be considered still on both since they do both possess the keys.The problem here is that if one of them will steal those coins from main wallet.

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August 20, 2020, 03:49:48 AM
 #36

How to provide a copy of his (ours) portfolio for a legal matter?
It is very important to the future of our 4 children and myself.
if you have a portfolio/document as you say, some of your assets are in Bitcoin.

Concerned previously, what happened to the 'divorce' of your family.

I can only advise you to prepare in court or before the law / judge.
• The description of the portfolio / asset makes it easier for the law to accept the information you convey, meaning that it can be accepted by the judge, because Bitcoin is a digital currency, not real, not the same as gold or land.
• Documents of all deposit/withdrawal transactions or bio data that you need to show to the judge, personally to be attached to the court, which is that Bitcoin assets belong to both of you, not to one person/assets that were collected by both of you before the divorce.

With such submissions as valid evidence, the judge will decide that the asset will be handed over to you and your child.

R


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August 23, 2020, 12:26:58 AM
 #37

IMO.

You don't have to go through this in court as it will consume time and money for both of you. Why not settle it and talk with each other and get your portion equally once you have sold all of your holdings or agreed to sell some and hold some?



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August 26, 2020, 04:24:32 AM
 #38

My husband and I are separated and going through a divorce. He put the most of our money into Bitcoins and other small cryptocurrency.  He has a Portfolio with Alt Tracker, and we both have an access to it.

How to provide a copy of his (ours) portfolio for a legal matter?
It is very important to the future of our 4 children and myself.

Any help is greatly appreciated!



Get a certified Crypto experts that you can trust and with license that can track all your husband coins in his portfolio, it's better that you both decide to liquidate it and divide between the two of you and just buy back these coins or after tracing make your husband send you shares to you wallets, it's hard to go to court it should be settled amicably between you and your husband.
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September 15, 2020, 09:49:40 AM
 #39

My husband and I are separated and going through a divorce. He put the most of our money into Bitcoins and other small cryptocurrency.  He has a Portfolio with Alt Tracker, and we both have an access to it.

How to provide a copy of his (ours) portfolio for a legal matter?
It is very important to the future of our 4 children and myself.

Any help is greatly appreciated!



You know this is very tricky and your husband is a wise or a cunning man, if he had money in the bank you just go to a court and ask the bank for a statement and the bank will be obliged to give you one, but if your husband used a ledger or a wallet to stock his coin there is no way you can obtain a court order to open a wallet because he will just deny it,  there is no company to deal with it's on USB that he can hide.

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September 18, 2020, 07:46:30 PM
 #40

I don't know what country you live in, but in Russia everything is done very simply. You find witnesses who have heard that your spouse has invested family money in cryptocurrencies and on this basis the lawyer demands additional checks.
But I have not yet met such cases in practice.
The portfolio itself proves nothing and does not contain wallet addresses.

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