A journalistic investigation, conducted by the American newspaper (The New York Times), revealed that cryptocurrencies are among the most prominent reasons due to which disputes between spouses escalate when they reach the stage of dividing property during divorce lawsuits, as some people deliberately hide their holdings in digital currencies from the other party.
The report explained that divorce procedures have become more complex with the spread of cryptocurrencies, because tracking their transfers through digital wallets and estimating their value has created a new burden on lawyers, and a new necessity has emerged to rely on specialists in the field of electronic tracking of the movement of cryptocurrencies, which has caused the costs of lawsuits to rise at a rate Thousands of dollars.
The forensic analyst at CipherBlade told the investigation that he tracked digital currencies worth more than $10 million in divorce lawsuits, noting that the husband usually tries to hide his investments in cryptocurrencies from his wife upon separation.
