In the age of cryptocurrency, mobile banking apps, mobile payment apps, and compulsive shopping or gambling issues, financial infidelity may be a major threat to a marriage. It can involve romantic infidelity, having a boyfriend or girlfriend on the side that you’re spending money on or not being true about where the money is going.…
Cryptocurrency and Divorce
Asset Searches for Cryptocurrencies During Divorce
When it comes to asset searches and divorce, there are many places to search for hidden assets. One important area where entrepreneurs or investors hide their assets are in cryptocurrency. Asset searches for cryptocurrencies have become much more mainstream. As of July 9th, there are 13,173 Bitcoin millionaires. Bitcoin is unique in that it operates…
Cryptocurrency and Divorce
In Massachusetts, the Probate and Family Court requires spouses to make a full financial disclosure in a divorce in order for the divorce to be granted. That is accomplished through exchanging Rule 401 Financial Statements, exchanging Rule 410 financial disclosure, and conducting discovery through interrogatories, requests for production of documents, and subpoenas. It’s not uncommon…
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