Wife finds husband’s Bitcoin stash amid divorce proceedings

The divorce proceedings of a New York couple took a turn after a forensic accountant helped track down the husband’s 12 Bitcoin (BTC) stash, which he intended to hide from his wife.

The couple in question were married for 10 years, but the man’s wife suspected that her husband did not reveal all his assets, which would get split between the two following their divorce. The housewife – addressed pseudonymously as Sarita – revealed to CNBC that her husband was earning $3 million annually, which was not reflective of his declared assets.

The woman appointed a forensic accountant, who eventually found that her husband failed to declare 12 BTC – worth roughly $500,000 – stored in an undisclosed crypto wallet. Having no clue about the Bitcoin investment, Sarita stated:

“It was never even a thought in my mind because it’s not like we were discussing it or making investments together. It was definitely a shock.”

As a result, the woman’s husband will have to part ways with some of his BTC holdings. Tracking crypto investments is easier than its fiat counterparts, considering that blockchain technology preserves all transactions and does not allow external factors to modify or delete entries.

Check out Cointelegraph’s article on blockchain to learn more about the underlying technology that makes Bitcoin possible.

Related: Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks

Contrastingly, one of the latest crypto innovations, the metaverse, has become a popular place for couples worldwide to tie the knot.

Since 2021, countless couples have gotten married in metaverse-based virtual venues, allowing family members and friends to witness the joyous occasions.

Magazine: ‘Moral responsibility’: Can blockchain really improve trust in AI?

All Dutch and English crypto news!

CoinEx launches BitHK trading platform for Hong Kong users

BitHK will offer spot trading and looks to launch a P2P exchange for Hong Kong users. The exchange will submit an application for registration as a...

Laos government reportedly prioritizes blockchain technology for digital transformation

Laotian Prime Minister Sonexay Siphandone chaired the inaugural Ministerial Conference on Blockchain 4.0 Digital Transformation.

MicroStrategy is better than Coinbase for crypto exposure: Berenberg

Berenberg analysts sees upside in MicroStrategy to $340. They explain their bullish view in a recent research note. Coinbase stock has a "hold" rating only at Berenberg. MicroStrategy...

Blocktrade raises €4.5M in its BTEX Token sale

Gamified asset marketplace Blocktrade says it has raised €4.5 million in an exclusive BTEX Token (BTEX) sale. The sale attracted 1,400 community members from 42 countries. Blocktrade...

Beste exchanges

Koop je crypto bij Bitvavo