A New York couple’s divorce proceedings took a turn for the worse after an accountant helped track down the husband’s 12-bitcoin (BTC) stash, which he intended to hide from his wife.
The couple in question had been married for 10 years, but the man’s wife suspected that her husband had not disclosed all of his assets, which would be split between the two after their divorce. The housewife — referred to as Sarita — revealed to CNBC that her husband made $3 million a year, which did not reflect his reported assets.
The woman appointed a forensic accountant, who eventually discovered that her husband had failed to report 12 BTC – worth around $500,000 – stored in an undisclosed crypto wallet. Having no idea about bitcoin investing, Sarita said:
“It wasn’t even a thought in my mind because it’s not like we’re talking about it or making investments together. It was definitely a shock.
As a result, the wife’s husband will have to part with some of his BTC holdings. Tracking crypto investments is easier than its fiat counterparts, given that blockchain technology preserves all transactions and does not allow external factors to alter or delete entries.
Check out Cointelegraph’s blockchain article to learn more about the underlying technology that makes Bitcoin possible.
Related: Australia’s ‘Big 4’ bank begins trial for cryptocurrency payment blocks
In stark contrast, one of the latest cryptographic innovations, the metaverse, has become a popular place for couples around the world to get married.
Since 2021, countless couples have married in virtual venues based on the metaverse, allowing family members and friends to attend joyful occasions.
Magazine: “Moral Responsibility”: Can Blockchain Really Improve Trust in AI?
