Husband's Hidden Bitcoin Fortune Uncovered During Divorce Proceedings
A woman in New York discovered that her husband had stored 12 bitcoins worth $500,000 in a previously undisclosed crypto wallet during their divorce proceedings. Divorce attorneys have noted that it is becoming common for people to hide crypto from their partners, with crypto now playing a role in roughly 20% to 50% of divorces they handle. The law is struggling to keep up with digital assets that largely exist outside the reach of centralised intermediaries such as banks.