Wife discovers husband's hidden Bitcoin during divorce proceeding

[Greg Tonoski]

If the husband has crypto assets, he should tell his wife and tell her if she wants to buy crypto assets and keep them.

Should he tell an attacker about his crypto assets? The enemy declared divorce proceedings which is in stark contrast to good faith negotiations. Also, there seems impossible to hold talks as equals - one party is in a weaker position and the other takes advantage of it (together with various institutions). Why do you assume that he should tell her that he has crypto assets?

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[Greg Tonoski]

BTC was bough with the money the husband earned during marriage, which is why she had the right to pursue it.  

Apparently, it's not clear if she had right to pursue the BTC (even if husband had bought them with many earned during marriage).

BTW why treat BTC as an asset and not art, invention (intellectual property), donations etc.? And what if the BTC was stolen (or taken in any illegal way) instead of legitimately purchased?

[Greg Tonoski]

I think hiding crypto assets from one’s spouse is dishonest and unfair, especially during a divorce. I also think that spouses should have some knowledge of each other’s crypto dealings and seed phrases, in case of emergencies or inheritance issues.

Is divorce the emergency you think about?

when you are married, you will always trust and share everything with each other. Greed and lies have no place in marriage, and that will make your marriage soon break up.

Do you trust youself with as much confidence as you trust your other half?

[Nrcewker]

A crypto owner should be proud about the decentralised nature of Bitcoins. It means that no government or any other person can know how many Bitcoins you are holding. So my only query is that how did the forensic expert find out about his digital holdings. The husband here in this case could have easily saved all the Bitcoins, but now he has to surely follow what the court will decide. So yes bad luck for the husband.

[Cryptmuster]

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.

What can I say, if the husband knew that things were going to divorce, then he should have covered his tracks. ) From this story, it is clear that he did not tell his wife about bitcoins when they were married, and understandably did not want to talk about it when they divorced. This story once again proves that the cryptocurrency should be as anonymous as possible so that, if possible, no one could prove that you own bitcoin.

Perhaps he should have told his wife about bitcoin when they were married, but during the divorce, say that he lost everything, and no one could verify this. )

[so98nn]

That’s good, now her husband could transfer the ownership to someone else trusted more than his wife by giving the private keys. He could save his half bitcoin. That would be simply under decentralisation power if he plays smartly.

Anyways, I am not sure from which country this article is but in my country the rule itself has been made very smartly. Due to divorces and woman taking advantage of the half property splitting they now amended that only woman who is dependant on the husband shall be given the splitting. This includes extensive background check before court can make any decisions.

So no splitting of the bitcoins just like that.

[SamReomo]

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?

The wife in the case was smart enough to hire that forensic expert because otherwise she would have never known that her husband owns so 12 bitcoins in a wallet. Now, she is smart once again to ask for half of the bitcoins as a divorce settlement. I must say that females are very smart these days because they are also technically good just like men.

I think if you own any crypto-currency or Bitcoin secretly, you should not disclose that investment to your spouse because if they know that you have the investment and still you're not spending those for their needs than the relationship can face bitter times. Although, some people prefer to share every detail of their investments with their spouses, but I think it's better to keep such things secret.

I don't mean to say that you should not fulfill their needs because you can do that with the money that you have in the form of fiat rather than the Bitcoin that you're holding for a better future of your family. The investment will be very useful for the kids and the future life of your spouse. I don't think that a good relation should end with divorce because the relation is good when both wife and husband live their life together happily.

[death69]

Oh, look! We're orbiting around the perpetual interplay of trust and openness in relationships, now twisted into a pretzel by the cryptic cosmos of crypto! The narrative you've just spun is as tantalizing as a reality TV cliffhanger, yet it unravels some deep-rooted concerns.

In a world that's more Star Trek than Victorian London, truth should be the driving force in matrimony, extending its reach to financial disclosures. But wait, there's a plot twist! Crypto's USP - the allure of monetary solitude - seems to go head-to-head with this axiom. The reverberations of this paradox, both in the eyes of the law and ethics. If the gavel is oblivious to crypto assets, the equitable apportioning of the wealth pool becomes a mission harder than landing on Mars.

Parallelly, the spouse recruiting a 'crypto bloodhound' is a billboard of our zeitgeist - exhibiting the extent one might have to venture to secure fairness in such scenarios. So, strap in folks, it's all memes and lulz until you're at the business end of a 'crypto probe'.

[Newlifebtc]

It is unbelievable from my own understanding is that a woman or a wife we discover a hidden bitcoin from the husband's wallet that means the private key of that wallet is not secured that is why in anything you are doing is supposed to have your private key secured without exposing it to everyone, exposing your private key to everyone is late into hacking of your wallet from different angle so as the wife of a husband is double the amount of Bitcoin in the wallet I think that will prevent the wife not to leave their husbands out again if the amount of Bitcoin find my wallet is large

[Distinctin]

Good thing about Bitcoin is that there is no way for others to prove that it is ours unless we also say it and show then the wallet to access it.
But if we won't then how would they know? how would they prove it? we could just use another person that we truly trust to open it and say that it is their investment.

And even if they knew it’s ours, once we send it to other trusted person, the evidence will automatically gone so there’s no reason for them to chase us anymore. I just hope the husband in the story have thought about it so that his wife will no longer take part on his bitcoin investment. Dishonesty is always bad, but maybe in this story, being dishonest could be the best option for the husband so that he’ll not be taken advantage by his wife.

[Botnake]

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.

It’s more on a half-half division I think as it’s what’s common in most of the state law. That’s the scenario if one of them has known assets so they have to divide it equally as long those assets were gained at the time they’re already married. But if those were gained when they’re still single, then the other half would not have any rights to take it or own it.

[serjent05]

I would say the husband failed because he couldn't keep his privacy.

Did he fail if he keeps his bitcoins even though not privately?

I guess the husband got busted because he failed to hide his Bitcoin from his wife.  He failed in his evil plan of keeping their supposed to be conjugal property by himself.  Honestly, I feel irritated to this kind of person (the husband).  He only thinks of himself when he hides Bitcoin.  If he is a responsible husband, he could have shared the good news about Bitcoin on his wife, and maybe they won't be getting a divorce since their investment in Bitcoin can help strengthen their relations.  Remember having a joint venture can improve people's relations.

[n0ne]

I would say the husband failed because he couldn't keep his privacy.

Did he fail if he keeps his bitcoins even though not privately?

I guess the husband got busted because he failed to hide his Bitcoin from his wife.  He failed in his evil plan of keeping their supposed to be conjugal property by himself.  Honestly, I feel irritated to this kind of person (the husband).  He only thinks of himself when he hides Bitcoin.  If he is a responsible husband, he could have shared the good news about Bitcoin on his wife, and maybe they won't be getting a divorce since their investment in Bitcoin can help strengthen their relations.  Remember having a joint venture can improve people's relations.

Husband's getting busted happens often. One such incident is said here, and we don't know for what reason they have moved to the decision of divorce. If the divorce is taken forward for some financial issues then this could've helped them get better with their relations. We don't know what exactly is the scenario, one of my friend have applied for divorce. The reason is simple, that she wants his money and not him. He was so loving and he kept buying property in her name, at some point he realised that he isn't valued. Now he doesn't want to give money to her. Maybe in such situation this guy too could've hidden his bitcoin holding.

[Promocodeudo]

First of all we have to know that marriage is a unified union and everything in it should be done openly in other to gain each other's trust, even though the man in question owns those BTC before he got married he would have also discuss it with his wife, if he didn't trust this woman he wouldn't have embarked on the journey of making her his wife. He failed to understand that sharing this information with her might have strengthen the marriage or even push the family front in terms of Btc. This should serve as lesson to many men and women that communication is one of the major key to a successful marriage despite that it can be abused but it remains the tools to use in sharing meaningful ideas.

[Hamza2424]

Haha, after a long time, I am reading such a good story, man tried his full efforts to save the precious holding but as you Women (haha). She really got him bare handed and now he is getting charged for marrying such a sharp girl by donating 6BTC to her. Haha, such incidents are really rare but I am curious how she suspected that his husband holds Bitcoin and forensic analysis   this is really extreme step against him. Anyway, now Hell be more careful while choosing a girl haha what a costly separation.

Two reasons for being sad and one is more haerting and that's Lossing precious accumulation.

[noormcs5]

If the husband has crypto assets, he should tell his wife and tell her if she wants to buy crypto assets and keep them.

Should he tell an attacker about his crypto assets? The enemy declared divorce proceedings which is in stark contrast to good faith negotiations. Also, there seems impossible to hold talks as equals - one party is in a weaker position and the other takes advantage of it (together with various institutions). Why do you assume that he should tell her that he has crypto assets?

Well, if a husband has bitcoins in his personal wallet and he tells no one about that crypto holding, then there is no way that anyone can know that he has Bitcoin unless he tells himself to anyone.

I wonder how his wife came to that he has crypto and how she prove it ? There is no KYC for any personal wallet and if the husband never discloses the private key, there is no court that can prove that he owns crypto.  As far as I assume, the husband must have talked about his crypto holdings with his wife before the divorce.

[serjent05]

If the husband has crypto assets, he should tell his wife and tell her if she wants to buy crypto assets and keep them.

Should he tell an attacker about his crypto assets? The enemy declared divorce proceedings which is in stark contrast to good faith negotiations. Also, there seems impossible to hold talks as equals - one party is in a weaker position and the other takes advantage of it (together with various institutions). Why do you assume that he should tell her that he has crypto assets?

Well, if a husband has bitcoins in his personal wallet and he tells no one about that crypto holding, then there is no way that anyone can know that he has Bitcoin unless he tells himself to anyone.

Or the husband is careless to leave his unit open to the prying eyes of his wife.  There is a possibility that traces of the husband engaging in Bitcoin can be found if the wife obseve how his husband behaves.  Besides, being husband and wife made the wife getting access to the personal belongings of the husband.

I wonder how his wife came to that he has crypto and how she prove it ? There is no KYC for any personal wallet and if the husband never discloses the private key, there is no court that can prove that he owns crypto.  As far as I assume, the husband must have talked about his crypto holdings with his wife before the divorce.

There are lots of ways to know if the partner is involved in Bitcoin.  By checking the computer and the history of the husband's internet activity, the software intalled on the devices and pc which can reveal whether the husband is involved in cryptocurrency investment.

[Issa56]

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?

They should ask the wife to provide evidence that the bitcoin belong to the husband, the husband's name is not on the bitcoin, so how will the court know the bitcoin belongs to the husband, I don't think the wife will know if the bitcoin belong to the husband because no name is written on the bitcoin. The husband can claim that the bitcoin belong to his friend or a family member, and the husband can also claim that he lost access to the wallet address, I don't know the court will be able to retrieve the bitcoin if the husband claims that he those not have access to it again.

[Russlenat]

A crypto owner should be proud about the decentralised nature of Bitcoins. It means that no government or any other person can know how many Bitcoins you are holding. So my only query is that how did the forensic expert find out about his digital holdings. The husband here in this case could have easily saved all the Bitcoins, but now he has to surely follow what the court will decide. So yes bad luck for the husband.

Probably, his wife might be suspecting him even before that he’s really into bitcoin, it’s just that she has no way to find for it. Now, she’s being smarter to claim what’s for her too when she found out that his husband had been keeping bitcoin all along. Let’s say his husband might have his own reasons why he’s being secretive to his wife, he might have predicted it that the marriage may not going to work for long.

[Sexylizzy2813]

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.

If I'm to be that guy I'd try as much as I can to keep that from her, 12btc to be split into two... That's too much 🤔.
My goodness, that's harsh but women would always be women but I believe that if she doesn't have any knowledge about BTC she would have let that part of her husband's property to slide.
I don't blame those who have trust issues that they can't share their seed phrase even at the point of death. He tried playing smart but the suspicious was much on him.