According to experts, the assets of the spouses during the divorce cases cryptocurrencies There is an increase in concealment crimes.
Cryptocurrency researcher Paul Sibenik said in his statement that “digital assets connected to blockchain technology are used in asset custody crimes.” According to Sibenik, cunning spouses who are in the process of divorce are abusing crypto assets for this purpose.
“Some Cases Turn out to Be Hiding Over $10 Million in Cryptocurrency”
Sibenik, the chief case manager of blockchain research firm CipherBlade, said that among the crypto cases the company is working on, divorce cases have increased significantly.
Sbenik stated that when the company was founded in 2019, it did not focus on investigating hidden crypto accounts in divorce cases, but such incidents currently account for 15% of cases managed by CipherBlade.
Sbenik continued his statements on the subject as follows:
“I was perhaps one of the first people to realize that crypto assets can be misused for this kind of purpose. In the present situation, I think I am right when we examine the examples of such cases that we have. Such incidents are becoming more and more common.”
Sbenik stated that in some of the cases he was working on, the value of cryptocurrencies kept by the spouses from each other exceeded $ 10 million.
Crypto assets need regulation in many countries due to money laundering and other financial crimes.
with this bitcoin Although the value of crypto assets such as NFTs can be determined easily, it is not very easy to determine the true value of assets using other Blockchain technology such as NFTs.
Sbenik stated that the cases where the divorced spouses have NFTs that they hide from each other have also increased.
*Not investment advice.