WebFeb 17, 2024 · Cryptocurrency Is the Latest Headache For Divorcing Spouses Cryptocurrency is by design difficult to trace, making it an ideal asset to hide from a spouse. WebJun 10, 2024 · One challenge that commonly arises is valuing and dividing cryptocurrency in divorce. Crypto is highly volatile and may fluctuate 30% or more in a single day. As such, a crypto portfolio’s value may be dramatically different when the divorce is filed compared to when the judge signs the divorce decree.
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WebNov 22, 2024 · In a divorce, cryptocurrency can be separate property or community property. Typically: If you entered the marriage with your own cryptocurrency, the courts will most likely consider it separate property. … WebFernando litigates a wide range of cryptocurrency matters including disputes arising out of cryptocurrency misdelivery, theft, fraud, and injunctions. Fernando also litigates a wide … eastern turmeric powder
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WebMar 20, 2024 · Hiding Cryptocurrency Assets in Divorce. Hiding assets is a big concern when it comes to cryptocurrency and divorce. This is particularly true, when one spouse is heavily involved in the cryptocurrency markets, while the other has very little knowledge about the technical and financial information related to crypto investments. WebMay 13, 2024 · To that end, individuals considering a divorce, in which cryptocurrency investments are suspected, should have caution about selecting a family law attorney. Be certain to choose one who is savvy about how cryptocurrency works when dividing assets. California is a no-fault divorce state, meaning all assets are split between the divorcing … WebJun 14, 2024 · In divorce proceedings, spouses may try to hide assets from each other. With the growing popularity of cryptocurrencies, the possibility that your spouse is hiding cryptocurrency should not be discounted. … easter number bonds to 10