Wife discovers husband's hidden Bitcoin during divorce proceeding

[passwordnow]

Hi guys!
I have come across a topic here that emphasized on the need to disclose one's Bitcoin dealings and seed phrase to his/her spouse incase something bad and unexpected like death comes knocking on the door, the husband or wife can have access to the funds and claim it.

Well... This story is quite different. A husband hid his crypto assets from his wife amid divorce saga, the wife had her suspicion, then hired a forensic expert who found out that during the splitting of the property, the husband failed to declared his 12 BTC stashed somewhere in an undisclosed wallet. She's now asking that the Bitcoin be splitted into two.

https://www.cnbc.com/amp/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html

Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?

I remember the split of Achraf Hakimi and Hiba Abouk people think that Hakimi is a smart guy naming all of his assets and properties to her mom before the proceedings of the divorce. On the other hand with this situation of split of this guy and his wife, the law varies per country on how the proceedings will be. If he hasn't declared his other assets resulting to being caught then he's obliged to give half of it to his wife as the split proceeds. There's the intention of this guy not to declare it and thought that his ex-wife wouldn't find it out.

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[Queentoshi]

There's the intention of this guy not to declare it and thought that his ex-wife wouldn't find it out.

Being that she has found out, the law in her country may demand she gets half of it as well. It will really be hurtful to the man Because he must have been very disciplined in investing and keeping his Bitcoins to have that amount of bitcoins stashed somewhere. That is a habit he has already developed fully unlike his wife who may have little idea about bitcoins and will most predictable end up using it all. The man will be able to get more bitcoins and grow his wallet status back, but for the woman, she will not.

[ringgo96]

a very decent asset to keep secret from other people, in matters of distributing assets for divorce cases of course there are different rules in each country, but in this case of course the wife is very cunning so she can find out her husband's bitcoin assets which have been kept secret for a long time, and everyone who are married, of course there are personal secrets that are indeed hidden. If there is a divorce like this, one party will not feel these assets.

[Plaguedeath]

Morally that husband made a bad thing as he wanted to hide and steal that money from his wife. I don't support it and I feel happy that the wife detected it by herself.

His husband work all the time to make money while she's only become a housewife and live comfortable, how can the husband is stealing his wife money when he's the one who make it? that's an another story if both of them are working regardless how much money both of them make.

a very decent asset to keep secret from other people

You will not give all of your coins to your child? so you let all of your coins gone when you die?

Anyway splitting asset during divorce is already nothing new, usually a man is playing smart for use his mom or father name behalf of his asset, so when divorce happen, all of his expensive asset is safe.

[Bellarg]

Looks like that husband is not smart enough if he was not able to hide it

[Learn Bitcoin]

Well, things are not the same everywhere. I would say the husband failed because he couldn't keep his privacy. If it were in a wallet where we were holding his bitcoins, it would be wise to use a Mixer or do some mixing transactions between wallets and keep it in a single wallet. Finding a wallet where some bitcoins were sitting without any transaction in the last couple of years is not easy. But, if he were doing transactions and holding his Bitcoin in the same wallet. That's his mistake.

However, I don't suggest doing it since it's cheating. I just shared my opinion on why it was his privacy failure. But, when it comes to follow the rules and regulations, you should be honest there. Let's say I am holding a good portion of Bitcoin, I will tell my partner that I am holding it.

[Adbitco]

At first what resulted the divorced?
I may categorically say this rules are from some of the foreign countries unlike ours, there's no way wife and husband sharing properties while they have a child or children in between them.

Sometimes letting our wife's knows about our assets is somehow dangerous because you can't outsmart them, instead I prefer sharing with my children instead of wife. Don't quote me wrongly, there are some women who don't come to your life to spend the entire life with you rather they came for your wealth so after giving birth to 1 or 2 they files for a divorce in other to have your wealth being shared equally with them.

Which is why you must "Will" most of your wealth to your children and not wife because 20 to 30 percent death rate today are being caused by wife and women, though this stat is based on the recent death occuring in my localities.
So I don't think there is something he could do because he already shared with the wife his seedphrase and there's no way to outsmart the wife.

[Japinat]

There are rules in place in various countries where the wife gets half of the husband's property in case of divorce. As a result, many couples get divorced due to the greed of money. 

Recently, this happened in the case of Achraf Hakimi, who played in the left-back position of PSG. After a long marriage, Achraf Hakimi's wife complained against him that he beat his wife a lot. According to the source, Achraf Hakimi's wife decided to divorce and according to that decision, the court said. When this order was made to give half of Achraf Hakimi's assets to his wife, the court observed that Achraf Hakimi had no money in his account and all the money was in his mother's account. As per divorce rules, since there is no money in his account, no matter how much money is in his mother's account, his wife will not get any money due to divorce. 

But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.

Yes, I've saw a video about a couple weeks ago explaining Achraf Hakimi's situation. His story is quite famous because his wife, Hiba Abouk, did get nothing after she filed a nonsense complaint towards the Moroccan football star and accusing him of rape, physical injury, etc. Little did Hiba know, Hakimi's mother already foresee the situation that he's into and decided to take control of everything and demand to put his assets to her name for safety purposes and so that in case a divorce will happen, which did really happen, Hakimi's wife will get nothing.

And the funny thing is, if I'm not mistaken, Hiba Abouk (Hakimi's wife) was the one who shared her own assets that was over $20 Million before the settlement because under the court of law, both of them should gather all their assets and divide it into two.

Now, that's what I call karma and a snappy salute for Hakimi's mother for predicting the situation much earlier before everything goes into pieces.

[philipma1957]

the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.

[uneng]

the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.

Hahaha, that is true!

We can only speculate about this case. We don't know if the wife helped the husband to build the couple's fortune somehow, so he could acquire those 12 BTCs. We don't know if the wife is just a gold digger who is trying to get most money as possible from the man, even what he has conquered by himself. There are so many variables that even for the justice system it must be really hard to make a decision 100% assured it's the right thing to do.

The intimacy of a couple on its details is a misty matter probably only the wife and the husband know exactly the reality and what is the fairest solution, although they won't admit it, if they aren't fair individuals, besides being full of resentment of each other.

[hannahB4]

After the divorce, when the court made their verdict as to the amount of alimony to pay to the wife be it monthly or yearly I don't know if there should be a reason for him to disclose the Bitcoin investment. I know this kind of thing happens abroad but in my country, the husband has the right to hide things like this so far you are not running a joint account or business, he used his money to accrue it.

[sokani]

the law varies government to government. I do not know where the husband and wife lived.

I do not know if the husband was a villain or the wife was a villainess. Or both.

Also I have zero idea when the husband acquired the coins.

I also have zero idea how someone figured out the coins exist .

So basically let the courts figure it out not me.

What a funny reply! 😃
If the wife had stumbled on the seed phrase of the husband, she would probably had copied it somewhere and secretly transfered the Bitcoin out of the husband's wallet to hers. My guess is she must have found the address written somewhere and she knew it belongs to her husband, she then passed it alongside other financial documents to her forensic expert who discovered 12 Bitcoin sitting in the wallet.

[Davidvictorson]

Looks like some of the married folks are getting smarter... They don't want to be left in the dark, but are going out to get it themselves through crypto hunters. What's your thoughts on this?

Personally, I never like divorce especially when it stems from a place of greed. From the story, the wife has no proper knowledge of bitcoin. It would be a difficult case to settle by the judges as bitcoin is a highly volatile asset that shouldn't be in the possession of someone without any knowledge about it. What if the bitcoins is split and after a week the market crashes and the value of the bitcoin the wife got decrease, I bet she might sue the again sue her "divorced" husband for deceit or whatever legal term they may bring just for her to get more money out of him.

[romero121]

These days divorce have turned to be very common. Most of the divorce happens out of ego, particularly the girls always want them to be the deciding and ruling one. This mentality ends with divorce and many move to the court after learning more about the possible ways to get the best compensation. Here also it looks like pure plan of getting the share from the husband.

Forensic expert have found about the bitcoin holdings, and I don't think something would've happened. What have been discovered is true, then the wife is lucky, because 6 BTC for her will be really big in the long term.

[BitcoinPanther]

But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.

The good part of the story is that, the wife is able to uncover that his husband has undeclared wealth in form of cryptocurrency, so the wife is going after that amount demanding to get the 50% of it as the rule of judge stated.  There is a deceiving on that part because the husband did not declare the asset intentionally so I think the wife will be given that 50% of Bitcoin stash.

I would say that the husband on the case you stated is smart.  Depositing his money on his mother account which can't be touched by the wife.  That is much better way if husband don't want to share his wealth to his wife in times when there is a need to split the family wealth.

[Bitstar_coin]

That's a smart women that is observant. The same reason the husbands hid the knowledge of the btc from the divorce saga eventually happened. I don't think he has much choice than to declare the 12 btc as part of the asset acquired during the time when they are both married.
Although hiding information from spouse is not a good thing but in situations like this you would wish you had or better yet, get a prenup in the beginning.

[hZti]

If you do not encrypt your bitcoins you will sooner or later run into issues. If the bitcoins are successfully encrypted the man can always say that he did loose access to his coins. To be fair however, the man has the duty to split his bitcoins in the event of the divorce, so it’s actually a good thing that the bitcoins were discovered by the women.

[Mpamaegbu]

What's your thoughts on this?

The man was being smart by half and that's not good. He forgot that he must've disclosed his dreams and expectations of his business (Bitcoin) with his wife during the good time before the divorce saga and the wife had internalized it all. Now, let's see it from the point of it being an offline business; wouldn't he have declared it? Yes, we know the privacy thing when it comes to Bitcoin but we shouldn't see Bitcoin as a secret cult sort of a thing where no one should know what we're doing. Someone somehow there's that one person who has to know or have an idea that we're in this industry. I don't announce my hodlings to anyone else except wify. She's a partner in my progress and that's why.

Sometimes letting our wife's knows about our assets is somehow dangerous because you can't outsmart them, instead I prefer sharing with my children instead of wife. Don't quote me wrongly...

I just quoted you, howbeit not wrongly. I'm saving this in picture to send to your wify. You can't escape it. The only thing that can pacify me not to send it is taáti wraps of fufu and a big bowl of catfish peppersoup. Nothing less.

[southerngentuk]

It's the first time I've read a story like this. The wife here is very smart; it seems she already knows that her husband has crypto assets, so she hired someone to investigate her husband's crypto holdings to see if it is true. But I think the case where she is being too greedy is more appropriate for her to want to split her husband's bitcoin assets in half. Maybe the money belongs to your parents, or the property of an acquaintance, or the money you had before your marriage? So in this case, the husband should consider finding a legal expert related to cryptocurrency to understand. If true, then the wife will not be entitled to anything and can be sued for the crime of spying on the husband.

[suzanne5223]

There are rules in place in various countries where the wife gets half of the husband's property in case of divorce. As a result, many couples get divorced due to the greed of money. 

Recently, this happened in the case of Achraf Hakimi, who played in the left-back position of PSG. After a long marriage, Achraf Hakimi's wife complained against him that he beat his wife a lot. According to the source, Achraf Hakimi's wife decided to divorce and according to that decision, the court said. When this order was made to give half of Achraf Hakimi's assets to his wife, the court observed that Achraf Hakimi had no money in his account and all the money was in his mother's account. As per divorce rules, since there is no money in his account, no matter how much money is in his mother's account, his wife will not get any money due to divorce. 

But today I heard through you about converting your account money to Bitcoin due to divorce. This incident is really interesting to me and those who are about to get divorced if they read this news they will see that they are also adopting this method.

I am sure most young folks that planning to get married may decide not to get married due to greed of getting half of their spouse's property through divorce which is adopted by some ladies lately and from my thinking I believe this is the reason why some young rich guys don't want to get marry and prefer to have baby mama.
I also ready about the story of Achraf Hakimi and how he outsmarts his wife due to her greed.