Cryptocurrency in Divorce Cases

With the increase in popularity over the past decade of cryptocurrency and other digital asset holdings, including non-fungible tokens (NFTs) (which, despite having been around since 2014, only started to enter the mainstream in 2021), more divorcing couples are now fighting over those holdings. The difficulty in locating, tracking, and valuing cryptocurrency and other digital assets has added another layer of dispute in a divorce. Some divorcing spouses believe that they can underreport or hide funds in cryptocurrency wallets given that it can be difficult to find or access information about those assets due to the built-in secretive nature of the holdings. But, digital assets are not untraceable. While locating and tracking these assets can be a long, slow, step-by-step process, understanding what to look for, and when to seek the assistance of a savvy expert/analyst, is important in being able to follow the money and account for most, if not all, of the digital assets held by a spouse in the divorce process.

Join the experts as we examine the basics of cryptocurrency in the divorce context: what it is, how to find it, how to track it, how and when to value it, and how to account for it.