21 May 2023
A husband in Florida tried to hide $500,000 in bitcoin from his wife during their divorce. He thought he had covered his tracks by storing the bitcoin in multiple wallets and using a cryptocurrency mixer. However, a crypto hunter was able to track down the bitcoin and the husband was ordered to pay his wife half of the assets.
The husband, who has not been identified, started investing in bitcoin in 2017. By the time he and his wife started divorce proceedings in 2022, he had accumulated over $500,000 in bitcoin. He thought he could hide the bitcoin from his wife by storing it in multiple wallets and using a cryptocurrency mixer.
A cryptocurrency mixer is a service that mixes cryptocurrency from different sources together, making it difficult to track. The husband thought that by using a mixer, he would be able to keep his wife from finding the bitcoin.
However, a crypto hunter going by the name " Crypto Dave" was able to track down the bitcoin. A crypto hunter is a person who specializes in finding hidden cryptocurrency. They use a variety of methods to track down cryptocurrency, including blockchain analysis, social media research, and subpoenas.
The crypto hunter was able to track down the husband's bitcoin by using blockchain analysis. Blockchain analysis is the process of tracking cryptocurrency transactions across the blockchain. The blockchain is a public ledger that records all cryptocurrency transactions. By tracking the husband's bitcoin transactions, the crypto hunter was able to identify the wallets that contained the bitcoin.
The crypto hunter also used social media research to track down the husband's bitcoin. The crypto hunter searched the husband's social media accounts for clues about where he might have stored the bitcoin. The crypto hunter was able to find a post on the husband's Twitter account that mentioned a cryptocurrency wallet. The crypto hunter was then able to track down the wallet and identify the bitcoin that was stored in it.
The crypto hunter was able to provide the husband's wife with evidence of the hidden bitcoin. The wife then used this evidence to file a motion with the court to have the husband's assets divided. The court ordered the husband to pay his wife half of the value of the bitcoin, which was $250,000.
This case is a reminder that it is difficult to hide cryptocurrency. Crypto hunters are skilled at tracking down hidden cryptocurrency, and they can often find it even if it has been hidden well. If you are going through a divorce and you think that your spouse may be hiding cryptocurrency, it is important to speak with an attorney. An attorney can help you to track down hidden cryptocurrency and protect your rights.
Tips and Info:
If you are going through a divorce and you think that your spouse may be hiding cryptocurrency, there are a few things you can do to protect yourself:
Speak with an attorney. An attorney can help you to track down hidden cryptocurrency and protect your rights.
Monitor your spouse's social media accounts. Look for clues about where cryptocurrency may be stored.
Keep an eye on your spouse's bank account statements. Look for any unusual transactions that may be related to cryptocurrency.
If you suspect that your spouse is hiding cryptocurrency, you can file a motion with the court to request an order for discovery. This will allow you to request information from your spouse about their cryptocurrency holdings.
If you are caught hiding cryptocurrency during divorce, you could face serious consequences. You could be ordered to pay your ex-spouse a share of the hidden assets, and you could also be ordered to pay the other party's legal fees. In some cases, you could even be found guilty of contempt of court.
It is important to remember that cryptocurrency is a valuable asset. If you are going through a divorce, it is important to protect your cryptocurrency holdings. By working with an attorney and taking the necessary precautions, you can protect your rights and ensure that you receive your fair share of any hidden assets.
This article was written by an AI engine with assistance from a human. This article has been reviewed, fact-checked and edited by the editor of thepopularist.com