For as long as there has been divorce, spouses have suspected one another of hiding assets.

“Originally, it was under the mattress, and then it was the bank account in the Caymans; now it’s crypto,” according to a recent article in The New York Times.

The rise of cryptocurrencies has led to increased divorce litigation over suspicions that spouses are using the new medium to conceal the true value of the marital estate.

Forensic investigators are often hired to track the movement of cryptocurrencies like Bitcoin from online exchanges to digital wallets.

Digital assets can be traced. Transactions are recorded on blockchains, enabling analysts to follow the money.

Spivak Law Firm handles all areas of family law, including: divorce, high net-worth cases, equitable distribution, spousal support, and alimony. In some cases, we work with forensic accountants to determine the value of a marital estate.

To schedule a consultation, call Spivak Law Firm at (412) 344-4900 or toll free at (800) 545-9390.