Can I hide all my assets from my wife using Bitcoin and what's the best way?

[BTCissointeresting]

I am 45 and have A LOT of money invested in the stock market. Enough to never work another day in my life. Recently I found out that my wife of 20 years was having an affair with a friend. I am heartbroken, devastated and want revenge. She doesn't know that I found out about her affair and don't plan on telling her anytime soon.

Here's the problem: If I divorce her I will have to give her half of my assets. I don't think it's fair at all that somebody can cheat and then take half a man's money.

Solution: I plan on selling all my stock market investments, putting all that money in a bitcoin cold wallet then moving permanently to Iraq where all my cousins and siblings live. By the time my wife realizes what had happened, I will be in a different continent and no police organization would bother tracking someone down for something this minor.

I've been interested in bitcoin for years and this is my chance to pull the trigger. Has anyone done something similar and what's the best way to buy bitcoin so that the courts can't track down where I moved that cash? From my research I am planning on withdrawing my cash then going to bitcoin ATM's across my state, buying bitcoin then transferring it to my cold wallet. Is this possible and is there a better way?

Thanks in advance Bitcoiners!

[gmaxwell]

Don't be a fuckstick.  Sure, she's being a piece of crap now but that doesn't mean she isn't owed her share of your partnership from the 20 years where she was faithful and supported you.

Thinking of it as her taking half your money is the wrong understanding and it's just making this hurt worse:  You have (/had) a partnership and half the earnings in that partnership are hers-- presumably you wanted to be her partner or you wouldn't have married and the partnership has been beneficial to you or you wouldn't have been married this long.

How is it revenge to totally blow up your life like that, potentially ensnare yourself in a legal mess, get yourself stuck in iraq?

Is her cheating on you fair?  Fuck no! but it's also life-- at least be happy you found out about it.  All the people murdered by their spouses wish they were as lucky as you!  (well they would if they weren't dead)

Bitcoin may not be a really a great tool to help you here.  Exchanges will eagerly rat you out, transfers are traceable, etc. But most importantly, some fantasies should remain fantasies, you shouldn't renege on your obligations.

She hurt you and your position is understandable, but your response is just giving you an avenue for her to keep hurting you for the rest of your life.

Buck up, handle this like a man-- going through it will hurt, but it will hurt once and then you can start your new life-- maybe one in iraq if that's what you want, but at least not one trapped there. Having half your assets will suck-- but people lose bigger shares all the time with ill advised trades (like when they get hyped up on altcoins... or trading bitcoin with leverage).  From your post it sounds like you're reasonably well off and half of reasonably well off is still nothing to laugh at.  I'm sure plenty of people would give their left nut to have what you'll have *after* the divorce.

If you handle things well you might also swing favorable terms in the divorce-- not unheard of for a cheating spouse to feel guilty and yield their position after they're caught especially if you play it out in a way that leaves her feeling nothing but regret for what she did.  But ultimately the best revenge will be ending her ability to harm you and moving on to an even greater life without her.

If you are committed to doing something insane and fucking yourself over just to fuck her over--  go find some trade with even odds of double or nothing, toss all your assets in.  Maybe bankrups you, but if it does it bankrupts her too.  If you double, then you can split it and walk away with what you have now! (no really, don't do this-- and if this actually sounded like a good idea, you need therapy not money hiding advice!)

[MusaMohamed]

Here's the problem: If I divorce her I will have to give her half of my assets. I don't think it's fair at all that somebody can cheat and then take half a man's money.

Why is it unfair to you?

By law and by morality, all assets created during a marriage time between a man and a woman are considered as belong to both. Then if they get a divorce, all assets will be splited half, and it's morally and legally fair.

If you feel it is unfair, let's live alone without any wife.

Another topic on this issue.
Wife discovers husband's hidden Bitcoin during divorce proceeding.

[mindrust]

If you can prove that she is cheating on you then I don’t think she will be having anything from you but that’s just my common sense speaking. I don’t know how it works in the US. (Or whatever country it is, i just assumed it is US)

You both made a vow when you married each other and if she is cheating, that vow is no longer valid and the law should have your back according to the again, common sense.

You should better spend some money and talk to a lawyer.

If she is going to have her cut anyway even though she cheated on you then you are pretty much done because her lawyers will have all your exchange records and shiet and will definitely find out about your secret stash and that will cause you further trouble.

If the law isn’t going to protect you from the cheaters, you should have done your research prior to your marriage and never have married in the US.

Don’t do anything stupid, talk to a lawyer and if you don’t, next time, there won’t be a next time.

[gmaxwell]

If you can prove that she is cheating on you then I don’t think she will be having anything from you but that’s just my common sense speaking. I don’t know how it works in the US. (Or whatever country it is, i just assumed it is US)

That isn't how it works in the US-- and I'm guessing not anywhere else.

It wouldn't be equitable-- sure she broke the agreement but half the marital assets were *already* hers.  Fucking up shouldn't undo 20 years of commitment and partnership.

Also it doesn't work that way because the courts really dont want to get wrapped up in people's dirty business and drama.  Whomever fucked whomever, the court doesn't really want to hear about it.

More importantly, it would have some awfully bad incentives-- say she screwed up and fucked around then realized hubby might have caught on.  If the consequence was losing everything and ending up with her ass on the street maybe without a developed job history because she worked less or lower paying jobs to make time for home making or room for his job requirements --- well whats she gonna do?  Husband might just have an accident.   It's bad for the rules to leave people cornered.  Or-- less dramatic: it would encourage people to fake a partners infidelity or to hire someone to seduce a spouse they wanted to get rid of.  Just bad incentives all around.

And yeah, if you're not cool with that-- don't get married in the first place.  Someone who isn't ready to share their winnings isn't ready to have a partner.

[EarnOnVictor]

This is pathetic. Please accept my sympathy.

As it is, I advise you to take a deep breath before you decide on anything errational. And if I were to advise you, your plan of selling your assets for Bitcoin and running to Iraq is not brilliant, as it has far-reaching implications and legal consequences that are more severe than the 50% split you are avoiding. Fine, Bitcoin can help you in a way, but what about the centralised systems you are moving the asset from? That could put you in more trouble.

Instead, if you are the one who worked solely for your fortune and have trusted family members, you can give them some of those properties as a disguise. People do that a lot now, and it's not a crime to give anyone your fortune. This is just to reduce the risk.

You may do that for some parts of the assets while you continue to gather more evidence against her. But note that this is not what would be concluded in just a year. You need time, proper documentation and consultations with an experienced lawyer, who will also trace her fortunes (including the hidden ones) and her spending. They will be useful in giving you a fair judgment.

[goldkingcoiner]

I am 45 and have A LOT of money invested in the stock market. Enough to never work another day in my life. Recently I found out that my wife of 20 years was having an affair with a friend. I am heartbroken, devastated and want revenge. She doesn't know that I found out about her affair and don't plan on telling her anytime soon.

Here's the problem: If I divorce her I will have to give her half of my assets. I don't think it's fair at all that somebody can cheat and then take half a man's money.

Solution: I plan on selling all my stock market investments, putting all that money in a bitcoin cold wallet then moving permanently to Iraq where all my cousins and siblings live. By the time my wife realizes what had happened, I will be in a different continent and no police organization would bother tracking someone down for something this minor.

I've been interested in bitcoin for years and this is my chance to pull the trigger. Has anyone done something similar and what's the best way to buy bitcoin so that the courts can't track down where I moved that cash? From my research I am planning on withdrawing my cash then going to bitcoin ATM's across my state, buying bitcoin then transferring it to my cold wallet. Is this possible and is there a better way?

Thanks in advance Bitcoiners!

So, let me ask you this:

Imagine you work at a job for 20 years, after which the boss decides to take your retirement fund for himself because you decided to quit instead of staying loyal to the company.  Does this mean the boss is in his rights to take away your retirement fund, for which you worked 20 years? Is he in the right?  

I do not think you are in the right, OP.
Give your wife the money she is owed,
regardless of whether you subjectively think she deserves it or not.

Be a man.

[BTCissointeresting]

I hope I am replying to you Maxwell as this is my first time using a bitcoin thread and don't know how to reply lol.

"Bitcoin may not be a really a great tool to help you here.  Exchanges will eagerly rat you out, transfers are traceable, etc. But most importantly, some fantasies should remain fantasies, you shouldn't renege on your obligations." This is the quote I disagree with you on.

I noticed that you created you account in 2011 and have 6000 posts so you are an OG and have much more expertise in bitcoin then me. I don't want to debate mortality with you I just want to talk facts. According to my research I think you are wrong. Yes bitcoin transactions are traceable if done through an exchange registered in your name. However my plan is to drive to another city 15 hours away and then with cold hard cash buy bitcoin at bitcoin ATM's in different gas stations. Then once I buy the bitcoin's I transfer the bitcoin to my cold wallet that nobody knows about.

In this scenario there is no link or proof that I bought and transferred bitcoin. Nobody knows the cold wallet exists and all the bitcoin I buy is bought with cash at anonymous bitcoin ATM's in a city 15 hours away.

So using your bitcoin knowledge how would there be a linkage between me and this bitcoin? What proof do they have that I bought and transferred bitcoin to a cold wallet?

[mrust_mobile]

Also if you find yourself in a similar position again, consider preparing a prenup agreement with the help of a lawyer. Make sure It covers all the shitty outcomes.

If she accepts the terms, you won’t get disappointed in every outcome. If the terms are just, she will accept them. If she doesn’t, you have eliminated a potential problem before it even emerged. Also a win.

I hope I am replying to you Maxwell as this is my first time using a bitcoin thread and don't know how to reply lol.

"Bitcoin may not be a really a great tool to help you here.  Exchanges will eagerly rat you out, transfers are traceable, etc. But most importantly, some fantasies should remain fantasies, you shouldn't renege on your obligations." This is the quote I disagree with you on.

I noticed that you created you account in 2011 and have 6000 posts so you are an OG and have much more expertise in bitcoin then me. I don't want to debate mortality with you I just want to talk facts. According to my research I think you are wrong. Yes bitcoin transactions are traceable if done through an exchange registered in your name. However my plan is to drive to another city 15 hours away and then with cold hard cash buy bitcoin at bitcoin ATM's in different gas stations. Then once I buy the bitcoin's I transfer the bitcoin to my cold wallet that nobody knows about.

In this scenario there is no link or proof that I bought and transferred bitcoin. Nobody knows the cold wallet exists and all the bitcoin I buy is bought with cash at anonymous bitcoin ATM's in a city 15 hours away.

So using your bitcoin knowledge how would there be a linkage between me and this bitcoin? What proof do they have that I bought and transferred bitcoin to a cold wallet?

If you are so sure of it, why even ask our advice? Do it and see… You may or may not get away with it but either way it will never be a better decision than having preparations before these events ever took place.

[Outhue]

Find a way to win this case without leaving the country.
She is the one who hurt you  first, get a good lawyer.
Things have changed now, cases like this don't always end up with you sharing property with her 50/50.
You left Iraq to have a better life, going back means you lose and she won even if she got nothing out of your assets.

How will you feel If you win this case and you guys get separated and she got nothing by the book of law?
You will still be in this present country and probably find someone else or stay single and enjoy your life.
Even if the law says you must split your asset for her then you have no choice, just do it and move on.

Do not leave a good country and go back to Iraq.

[gmaxwell]

However my plan is to drive to another city 15 hours away and then with cold hard cash buy bitcoin at bitcoin ATM's in different gas stations.

Bitcoin ATMs give very bad exchange rates and often have limits-- perhaps reasonable if you want a little bitcoin to fool around with or to make some online purchase-- not a reasonable way to convert a lot of wealth.

They will also likely ID you-- potentially without warning after they already have your funds (this is common ploy for shady exchanges and similar businesses to rob drug dealers and get away with it).  Worse the ATMs that really won't ID at all are the ones most likely to take your money since its not like they care about complying with any law-- that risk might be acceptable for a quick bitcoin payment but its a big gamble.

It is possible to buy bitcoin more anonymously, sure... but without a lot of expertise you take a lot of risk. And -- what does that anonymity buy you: the bank records will show you liquidating your accounts. Oh also, it can be very hard to get large amounts of money out in cash, even closing the bank the bank will want to give you a cashiers check.  Assuming you do end up in court or whatever (I know, not your plan, but its a risk) they're not going to care you converted it to bitcoin-- they're going to see the money going out and vanishing and potentially hold you in contempt until you give it up.

The whole thing is just a bad idea.  You're putting your balls in a vice and handing her the lever.   You're angry now, but there is NO price that can be put on peace of mind.  If you go this route and even if you initially get away-- the odds that you will come to regret it are extremely high.

And your family will know you as someone who didn't have the spine to make good on his agreements because he regretted them long later.

Ever heard the old advice "Don't cut off your nose to spite your face"?  It was written for what you're feeling right now.

Also if you find yourself in a similar position again, consider preparing a prenup agreement with the help of a lawyer. Make sure It covers all the shitty outcomes.

If she accepts the terms, you won’t get disappointed in every outcome. If the terms are just, she will accept them. If she doesn’t, you have eliminated a potential problem before it even emerged.

The only terms that would satisfy him now would be ones like "if someone cheats the other party gets everything" -- and that's just too manifestly unjust and likely to get thrown out if you ever tried to enforce it... especially since as I mentioned courts really don't really want to get into the he said she said of who is fucking who.

His problem here is that he's hurt and wants revenge but there really is no revenge for something like this, just opportunities to do something dramatic that ultimately hurt himself.  The most important thing when betrayed by someone trusted is to get them out of your life as quickly and completely as you can-- and no revenge plan is compatible with that, any attempt at revenge is going to just prolong his suffering.

[adaseb]

Maybe 10 years ago this was possible but right now many divorce attorneys know that some spouses can hid assets in crypto and keep from the divided up assets. If all you had was $1000, then sure, go to some Bitcoin ATM and nobody would find out as long as the Bitcoin ATM didnt KYC.

But if you sell hundreds of thousands of dollars of stocks, send it to your bank and from that bank you send it to an exchange like Coinbase, the lawyers will see all of that. They will know you got crypto assets that you withdrew somewhere.

Just split everything evenly and go on with your life. Not worth moving to Iraq and looking over your shoulder. It happens but at least you are rich unlike most other men. Good luck.

[mrust_mobile]

Do what the rich folks are doing.

Search for Bezos or Musk’s prenup agreements or just ask chatgpt to make you one.

Don’t get scammed by gold diggers folks. 1 btc = 1 btc and it ain’t cheap.

Right now chicks are going wild because they know their asset is worth more but if the males get organized and get their shit together we can tip the scales to our advantage.

Remember it is always about supply and demand.

Don’t sign blindly everything they put in front of you just because they have a nice couple of melons hanging in front of them.

Let your brains do the thinking, i know that’s hard and against our biology but we gotta try.

It is all the free men can do.

[Gost ms]

I am 45 and have A LOT of money invested in the stock market. Enough to never work another day in my life. Recently I found out that my wife of 20 years was having an affair with a friend. I am heartbroken, devastated and want revenge. She doesn't know that I found out about her affair and don't plan on telling her anytime soon.

Here's the problem: If I divorce her I will have to give her half of my assets. I don't think it's fair at all that somebody can cheat and then take half a man's money.

Solution: I plan on selling all my stock market investments, putting all that money in a bitcoin cold wallet then moving permanently to Iraq where all my cousins and siblings live. By the time my wife realizes what had happened, I will be in a different continent and no police organization would bother tracking someone down for something this minor.

I've been interested in bitcoin for years and this is my chance to pull the trigger. Has anyone done something similar and what's the best way to buy bitcoin so that the courts can't track down where I moved that cash? From my research I am planning on withdrawing my cash then going to bitcoin ATM's across my state, buying bitcoin then transferring it to my cold wallet. Is this possible and is there a better way?

Thanks in advance Bitcoiners!

I am never in favor of leaving the country. Because if you leave the country, you may never be able to return to your country, and you will harm yourself even more. But what I think is, put all your property in the name of a trusted person and when you get divorced, you can write everything back to him. But it is not right to trust everyone. You can do this to someone you think is trustworthy, like if you write all your property in the name of your mother and if you get divorced, your cheating wife will not get anything from your property. Adopt such a method without leaving the country, it will be very good for you.

[AprilioMP]

Obey the law. 20 years is not a short time for a relationship. As long as you're with her, you have rights to her assets.
Prison would be useless if there were no evil people in the world.

If you sell all your assets and want to invest them in Bitcoin in an attempt to prevent your wife from getting any, you're trying to damage Bitcoin's reputation.

[Webutxo]

This changes nothing.

Marriage doesn't guarantee happiness and so is been single. Be happy that you found out that she is cheating, she's already aware of your assets well written under your name. You can't even deny it. What you should do, file for divorce and go your separate way peacefully and then you may proceed to put your asset into Bitcoin.

[Samlucky O]

Op marriage is for better and for worst, if you know you can't handle Curt marriage why accept it at the first place? Knowing true well that it involves sharing of asset when divorce is involved. You will need to settle her regardless of the crime she comited because you can just get liquidated and run leaving her with nothing. Of course if such case is taking to law you will be in big problem because you didn't report the case to court for the law to take it course. Even if you where right but running away will make it looks like you did it intentionaly, maybe you just needed something that will trigger you to divorce the marriage so that she will not gain anything. What I can only advice you is that even if you are going sell your assets to buy Bitcoin it shouldn't be all. And make sure everything is settled maturely.

[Graph001]

I am 45 and have A LOT of money invested in the stock market. Enough to never work another day in my life. Recently I found out that my wife of 20 years was having an affair with a friend. I am heartbroken, devastated and want revenge. She doesn't know that I found out about her affair and don't plan on telling her anytime soon.

Here's the problem: If I divorce her I will have to give her half of my assets. I don't think it's fair at all that somebody can cheat and then take half a man's money.

Solution: I plan on selling all my stock market investments, putting all that money in a bitcoin cold wallet then moving permanently to Iraq where all my cousins and siblings live. By the time my wife realizes what had happened, I will be in a different continent and no police organization would bother tracking someone down for something this minor.

I've been interested in bitcoin for years and this is my chance to pull the trigger. Has anyone done something similar and what's the best way to buy bitcoin so that the courts can't track down where I moved that cash? From my research I am planning on withdrawing my cash then going to bitcoin ATM's across my state, buying bitcoin then transferring it to my cold wallet. Is this possible and is there a better way?

Thanks in advance Bitcoiners!

When you transfer large amounts of money through a Bitcoin ATM and transfer internationally, you create a documented trail. Every transaction is recorded. The IRS monitors large transactions. Bitcoin exchanges and ATMs have Know-Your-Customer (KYC) requirements. When your wife’s divorce lawyers request financial discovery, they will subpoena your bank records and look at the withdrawals. They will find a pattern. Prosecutors can then charge you with asset concealment, fraud, and possible money laundering. Asset concealment is taken very seriously during divorce proceedings. People have been jailed for asset concealment. You could face not only fines, but years in prison, and once you get to Iraq, you will be considered a fugitive. If you ever travel, you risk arrest and extradition.

 However, if you somehow hide short-term money and it is discovered, it will definitely come out in the investigation and the court can impose severe penalties on you. You will be ordered to pay additional money, lawyer fees and more. You will also lose credibility with the judge, which will damage your entire case. Moreover, living abroad with hidden Bitcoin that you cannot access safely is not freedom. It is a prison of your own making. Now the revenge seems fair and proportionate. But in six months or so, you will see it differently. Getting a fair settlement through the courts, maintaining your freedom and rebuilding your life will feel like a real victory compared to being a fugitive.

[ABCbits]

It is possible to buy bitcoin more anonymously, sure... but without a lot of expertise you take a lot of risk. And -- what does that anonymity buy you: the bank records will show you liquidating your accounts. Oh also, it can be very hard to get large amounts of money out in cash, even closing the bank the bank will want to give you a cashiers check.  Assuming you do end up in court or whatever (I know, not your plan, but its a risk) they're not going to care you converted it to bitcoin-- they're going to see the money going out and vanishing and potentially hold you in contempt until you give it up.

In addition, the stock market/platform also have record that OP sold all stock he own and withdraw it somewhere else.

Do what the rich folks are doing.

Search for Bezos or Musk’s prenup agreements or just ask chatgpt to make you one.

Prenup agreements is something couple make before marriage, so i think you actually talk about postnuptial agreement. But considering what OP told us, i don't think the wife would agree to make postnuptial agreement that benefit OP more (more than 50% asset goes to OP).

[Ruttoshi]

OP, you should always think of living a peaceful life and keep your mind free from your past hunting you. You should simply give her half of your property and live happily instead of running because you cannot run forever. What if along the line of you converting your fiat to bitcoin and abscorn to Iraq, a mistake was made that exposed your tracks. What will you do. Don't forget that their must be a record somewhere.

She deserves to get half of your property for everything she has done for you for 20 years if you want to divorce her. That's what the law says and people have done it and it wouldn't stop.

You both made a vow when you married each other and if she is cheating, that vow is no longer valid and the law should have your back according to the again, common sense.

I don't know the church that you're attending, in my church the vow has made you one and even if you caught her cheating she is still your wife and deserves to be treated as your wife. If you want a divorce, you are the one filing for it and not her, therefore, you must give her half of your property. Even if she's the one filling for divorce the same applies. I believe we are all civilized.