SamsungShiningStar
Mon Aug 05 2024
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6 answers
1875
Can a divorce judge if a spouse buys a bitcoin?
Can a divorce judge take into account the purchase of Bitcoin by one spouse in determining the division of assets during a divorce? With the increasing popularity of cryptocurrencies, it's becoming more common for individuals to invest in Bitcoin and other digital currencies. However, the legal implications of these investments in the context of divorce are still unclear. Does the court have the authority to consider the value of Bitcoin holdings when dividing marital property? And if so, how does the court determine the fair market value of Bitcoin, which can fluctuate rapidly?
GyeongjuGloryDaysFestivalJoy
Sat Jun 08 2024
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7 answers
1328
Does bitcoin count in a divorce?
I'm curious to understand, does bitcoin factor into divorce proceedings? Given its volatile nature and digital existence, how does the court typically handle bitcoin assets in a divorce? Are there specific guidelines or precedents that govern the division of such cryptocurrencies? How does the court determine the value of bitcoin, considering its frequent fluctuations in the market? I'm also wondering if the ownership of bitcoin can be traced and attributed to specific individuals during the divorce process? And finally, does the location of the divorce proceedings affect how bitcoin is treated in terms of asset division?
