Wife finds husband’s Bitcoin stash amid divorce proceedings

A New York couple’s divorce case has taken a turn when a forensic accountant helped track down a stash of 12 Bitcoins (BTC) that the husband intended to hide from his wife.

The couple had been married for 10 years, but the man’s wife suspected that her husband had failed to reveal all of the property that they had planned to divide between them after their divorce. Housewife — called by the pseudonym Sarita — clearly She told CNBC that her husband was earning $3 million a year, which did not reflect her declared wealth.

The woman appointed a forensic accountant, but it was eventually discovered that her husband had failed to declare 12 BTC, worth about $500,000, which was stored in an undisclosed cryptocurrency wallet. Sarita, who had no clue about her Bitcoin investment, said:

“We weren’t talking about it or investing together, so it hadn’t even occurred to me. It was definitely a shock.”

As a result, the woman’s husband will have to part with some of his BTC holdings. Tracking cryptocurrency investments is easier than fiat currency investments considering that blockchain technology stores all transactions and does not allow entries to be modified or deleted by external factors.

To learn more about the underlying technology that makes Bitcoin possible, check out Cointelegraph’s article on Blockchain.

Related: Australia’s ‘Big 4’ Banks Begin Trials of Crypto Payment Blocks

In contrast, one of the latest crypto innovations, the Metaverse, has become a popular venue for couples around the world to get married.

Since 2021, countless couples have married in Metaverse-based virtual venues, allowing family and friends to witness the moment of joy.

Magazine: “Moral Responsibility”: Can Blockchain Really Increase Trust in AI?