As Bitcoin surges in value once again, divorcing spouses may be tempted to convert cash into electronic currency. Finding it can be harder than finding cash, but if you do find it, you can make a comparatively fast case that your spouse is undercounting assets.
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It may all come crashing down, but if it doesn’t the cryptocurrency market is your newest headache in trying to find hidden assets.
Long written off by many as a joke, cryptocurrencies are still dismissed by many as a bubble waiting to burst. Just the other day, the Wall Street Journal ran this piece arguing
A fascinating interview with the chief fact checker for The New Yorker in the Columbia Journalism Review here got us thinking about the distinction between checking the veracity of facts and finding new ones.
Our firm does both, dealing mostly with the former in due diligence and the latter with asset searches.
The New Yorker’s
One of the most powerful tools a spouse had to monitor assets or other activities is to look at the shared computer of the spouse under investigation. We have written before in When You’re Allowed to Look Through Your Debtor’s Computers and Phones that as long as a person can show ownership of the computer,