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Author Topic: Wife discovers husband's hidden Bitcoin during divorce proceeding  (Read 972 times)
Z390
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May 22, 2023, 07:37:07 PM
 #41

I'm wondering how the woman know about the Bitcoin? Maybe the man told her woman and he forget ever telling her? Men needs to wise up because women are not playing around, whatever brings money into a man's life, women are going to be very attentively about it, all women knows is money, they don't joke with money.  Cheesy Cheesy

I don't want to know how hard you work hard to obtain your Bitcoin, if you are in a country where the law is in support of splitting husband properties into half when divorce comes you have no choice but to do it, men, be wise.

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May 22, 2023, 07:42:40 PM
 #42

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?

When having a divorce then of course everything should really be split on half.We know that  there are husbands which are totally honest and there are ones who are really loving on keeping up some secrets.

Its not really that bad on having your own personal secret but in terms of money then as a married person then everything should be disclosed because you are both having the rights on knowing on what each others been doing.It is really just that there are people who are really that loving to take things by themselves even having their wife or spouse. We are really securely making some hidden stash or savings because
we can inevitably able to think about those possible worst scenario.

In just because that we dont really like to get left on the dark on times like this, then you would be mainly thinking on saving up some money in forms of crypto. Bad thing only happen or been busted up is on the
time that you would be saying everything.Im aint saying its bad but once you've done it then there's no way you could get away with it and would really be sued out.  Cheesy

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May 22, 2023, 07:44:15 PM
 #43

Quote
Himonidis, who is also a licensed private investigator and a computer forensic expert, estimates that 25% of his divorce-related cases involve some elements of cryptocurrency. Some of those cases, he said, are simple and straightforward — situations where, for example, a cryptocurrency such as bitcoin is a custodial asset held in a brokerage account or on a trading platform such as Coinbase.

"These companies keep records just like your broker at Morgan Stanley would keep records of your trades," he said
From the statement which I got from the article as stated above, it shows a clear sign the man must have invested his funds on a centralized exchange wallet, which the forensic expert could have been able to trace his transaction history on the blockchain and got to know how much he has in his wallet. Because only if had the husband used a decentralized wallet and a Bitcoin mixer to make the fund untraceable immediately he noticed he had a divorce case, I bet you, no forensic crypto hunter would have been able to trace how much he owns. And that's one benefit we members of this forum stand to get against non members of the forum who also own Bitcoin, as we are privilege to learn how to secure our funds through forum discussion.

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May 22, 2023, 08:06:20 PM
 #44

Per law, any asset is bought during your marriage time will be considered as co-owned by you and your wife (or husband). It should be split in divorce case.

How do we know if the BTC was co-owned after marriage or it was owned by the husband before he got married to the woman? This is why many men now request for Prenuptial agreements to be taken down among both parties before marriage in case of a divorce no one will feel cheated or used in terms of property sharing.

In some cases women now uses marriage as a means to escaping poverty and not going into marriage for the sake of marriage and this has made many men uncertain about the future of their marriage like never before. All of these has a negative effect on the lives of the children gotten out of the marriage. How unfortunate!


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May 22, 2023, 08:17:28 PM
 #45

When events like divorce occur frequently these days. I start to wonder what the point of marriage is. Because women now pretend to love men and get married to them, only to later divorce them for the fame they have amass over the years.

In any case, I don't think this case will go anywhere. There is no evidence to support the man's ownership of the 12 BTC. Even if he is the rightful owner, he can easily reject it by claiming that the 12 BTC are not in his possession or written in his name. Let them go and verify how it is his. That puts an end to the case.

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May 22, 2023, 08:18:10 PM
 #46

This is normal, I mean if you were hiding it then there was a reason, everyone is considering this like husband hid it from his loving wife, these people didn't decide to divorce each other on a single day, they weren't doing that well at all before as well probably. I believe that they were having troubled times and they weren't getting along well and he just decided to hide it even when they were married because of this reason.

Obviously when they decided to divorce each other, he kept on hiding. Anyone would have done the same thing, the exact same wife in this discussion would have done the same thing as well if she had bitcoin to hide. Why do people expect other adults to pay for their future is still beyond me honestly, it just doesn't make sense.

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May 22, 2023, 08:23:56 PM
 #47

Well, this is just a case of knowing ones right from his left, it is really up to the man and his lawyer to decide to allow the greedy wife to get a share of those bitcoins she probably didn't contribute a dime to, or worked for.

I personally do not think that this type of case is hard to win, simply telling the court that those bitcoins does not belong to the man, and finding some really odd ways to prove it would simply put the case to an end and leave the greedy wife with nothing, she's definitely just after the money, that is why she even went as far as hiring a forensic personnel to dig out the man's assets.

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May 22, 2023, 08:31:28 PM
 #48

Well if in the case of the PSG footballer Hakim he had been keeping his earning in accounts and properties that bore the name of his mother which in the law was enough to be written off as not his then I think that system should work in this case.

If he has the 12 BTC on centralized exchange one that requires KYC to open then this may not work but a personal wallet like Ethereum he can claim that the wallet isn't his and then push ownership to his well trusted person, I don't know how the law works in terms of sharing of properties after divorce but it shouldn't be also comprising of someone's crypto-currency holdings.

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May 22, 2023, 11:09:48 PM
 #49

Did he do wrong or right?
Well, this is just a case of knowing ones right from his left, it is really up to the man and his lawyer to decide to allow the greedy wife to get a share of those bitcoins she probably didn't contribute a dime to, or worked for.

the law, is the law, even for properties with which she wasn't in his life as at the time he acquired them would be duly shared.
With this, so many are avoiding the court wedding this days because, a gold digger isn't identified by her outward attribute.

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May 22, 2023, 11:14:06 PM
 #50

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?


OOF! He should be careful of boating accidents in his near future. Roll Eyes

Although to be fair, if he did not get a prenup then thats his own fault. Marriage is not worth it in countries like the United State of America because of the silly and confusing laws which accompany it. Especially the ending part Wink

But here is the question, how can she prove it is his address or that he even has access to those funds? If anything, Bitcoin asset holdings, especially those that were previously undeclared or kept secret, are legally hard to obtain. I would think...

But I am not a lawyer nor a forensics specialist and  I have no idea on what the forensic expert that his wife hired found that can serve as evidence in court... Shocked

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May 22, 2023, 11:34:39 PM
 #51


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?


There are reasons why people just want to remain unmarried for the rest of their lives. This is because they don't want a situation where they will have trust issues with their wives or husbands. Most people just decide to go into contract marriage or something of that nature if they are actually lovers of kids and nothing more, because in situations like this, what mostly causes issues like this is a lack of trust, or will I say they fall out of love for each other, and if the falling out of love is actually the issue behind them divorcing, then there should be no reason to come after each other's wealth.

Wealth and greed have been the major reasons why most people go into marriage these days. Marriage is supposed to be for two people who love, care for, and trust each other beyond friendship and want to make a home for themselves, but today's generation has turned that out to be something of an open-business nature.

This Bitcoin could only be shared or access gained to it if the husband actually wants it to be shared since it's not something on the bank and it's not registered under any financial sector. If the lady wins the case for them to share the Bitcoin, can the court give an order for those Bitcoin to be split among the divorcees?
And the husband can actually claim not to have those coins since there is no proof of ownership attached to the wallet.

R


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May 22, 2023, 11:41:11 PM
 #52

I'm wondering how the woman know about the Bitcoin? Maybe the man told her woman and he forget ever telling her? Men needs to wise up because women are not playing around, whatever brings money into a man's life, women are going to be very attentively about it, all women knows is money, they don't joke with money.  Cheesy Cheesy

I don't want to know how hard you work hard to obtain your Bitcoin, if you are in a country where the law is in support of splitting husband properties into half when divorce comes you have no choice but to do it, men, be wise.
This just got me inspired lol , there is a lot of interesting story involve bitcoin include this one as the man using technology like bitcoin to hide up his own wealth to avoid the divorce settlement fund fully exposed and there is no specific law against this yet ... at least for now .

The guy just saved himself in very clever way to promote bitcoin all at once!

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May 23, 2023, 05:45:12 AM
 #53

When events like divorce occur frequently these days. I start to wonder what the point of marriage is. Because women now pretend to love men and get married to them, only to later divorce them for the fame they have amass over the years.
It's not just women these days that are so bad, there are men who behave the same way today. Many men fail, are lazy to work, and they often marry people much older than themselves or women with disabilities but rich families. And as you said, they got married just because of their partner's huge fortune. Today's society is very pragmatic, and to find someone who is honest with you is very difficult, like finding a needle in a haystack.

In any case, I don't think this case will go anywhere. There is no evidence to support the man's ownership of the 12 BTC. Even if he is the rightful owner, he can easily reject it by claiming that the 12 BTC are not in his possession or written in his name. Let them go and verify how it is his. That puts an end to the case.

I don't know where this story will go, but once we are married, we still hide our private property and greed, and selfishness, leading to divorce and lawsuits are inevitable.

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May 23, 2023, 06:54:03 AM
 #54

I'm wondering how the woman know about the Bitcoin? Maybe the man told her woman and he forget ever telling her? Men needs to wise up because women are not playing around, whatever brings money into a man's life, women are going to be very attentively about it, all women knows is money, they don't joke with money.  Cheesy Cheesy

I don't want to know how hard you work hard to obtain your Bitcoin, if you are in a country where the law is in support of splitting husband properties into half when divorce comes you have no choice but to do it, men, be wise.
This just got me inspired lol , there is a lot of interesting story involve bitcoin include this one as the man using technology like bitcoin to hide up his own wealth to avoid the divorce settlement fund fully exposed and there is no specific law against this yet ... at least for now .

The guy just saved himself in very clever way to promote bitcoin all at once!


It would be even better if his wife didn't find you about this at all. But still pretty good job, I'd like to see him keeping it all.

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May 23, 2023, 07:26:08 AM
 #55

He can say he lost his passphrase or seed in a boating accident Cheesy

Seriously though, he can just say he can’t remember his passphrase or seed & then several years later, when proceedings are completed, suddenly remember how to access the coins. There are ways to come out on top in a situation like this Wink

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May 23, 2023, 07:49:22 AM
 #56

I'm wondering how the woman know about the Bitcoin?

Do you know why women are best archeologists ? Because they are best in digging in the past. I am sure that her husband told her everything about Bitcoin, when he tried to explain where he plans to spend their money on. Perhaps they had one pc or laptop, and it isnt hard to find someone who will search someones disk for an address. Most of people think that their PC or impregnable fortress and dont even try to hide things like address or account. I would not be surprised if he had link to his wallet saved in his favourites.

R


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May 23, 2023, 08:30:54 AM
 #57

I'm not an expert in this field but can she really get the half of it? The husband can deny that he owns it. There's no proof to prove that he's the owner of it unlike other assets where it has their name on it. Also, if the wife even seek help from her lawyer, can they really claim the half of his Bitcoin ownership? Does their law in their country have anything about Bitcoin or crypto assets involved with regards to splitting of ownership during a divorce? I think the husband have more control over this... Although it really shows the sad part of marriage. When you got into the divorce stage, both of you will fight on claiming ownerships as if you didn't loved each other. It's like, everything becomes about money at the end
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May 23, 2023, 08:56:55 AM
 #58

What a riot. Imagine the guy being relaxed and all thinking he had already set aside good enough money and hid it well just to find out later that the wife went full on detective sht on him and hired an expert to find out that he had 12 undeclared bitcoins, LOL. I honestly kinda feel bad for the guy since the effort was wasted but then again, we don't know what led to the said divorce so I guess he should still be glad that at least his bitcoins didn't get frozen or whatever. xD
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May 23, 2023, 08:59:02 AM
 #59

What will gonna happen if the husband is found guilty about it? will he lose that bitcoins or not? I think given the amount of BTC he was hiding, he will gonna face some huge consequences and his ex-wife will gonna have more profits from their divorce. In other countries, divorce is not worse than this where you need to pay your ex-wife a certain amount of money just to let her go. In other places, you just need to sign papers and everything is settled and you don't need to pay any amount except that you are obliged to support your children that's it.

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May 23, 2023, 09:11:26 AM
 #60

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.

Marriage has lost its value in our society ever since divorce was introduced into marriages, now woman just get married so they can divorce and get half of the mans wealth and go to spend it with some undeserving lazy man that didn't work and hustle when his fellow men were hustling to get their wealth. I don't blame the man for hiding his Bitcoin, he was keeping it to help him recover.

The man shouldn't give up his Bitcoin, the wife can take half of every other thing but his Bitcoin should be his investment for the future and not to be destroyed by the wife. If the wife takes the Bitcoin, she'll just sell them and waste the money as most divorce wifes do.

R


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