A Husband Hid $500,000 in Bitcoin During a Divorce — And Got Busted By a Crypto Hunter

July 12, 2023

A Husband Hid $500,000 in Bitcoin During a Divorce — And Got Busted By a Crypto Hunter

July 12, 2023

Uncovering hidden digital assets: Navigating the challenges of cryptocurrency in divorce proceedings.

Divorce attorneys and forensic investigators are facing challenges in dealing with cryptocurrency assets during divorce proceedings. The rise of financial infidelity involving cryptocurrencies has created a need for specialized investigators to track down hidden digital assets. Cryptocurrencies like Bitcoin and privacy tokens such as Monero make it difficult to trace transactions and identify assets. Divorcing spouses may hide assets by using tech-savvy methods and transferring funds to foreign exchanges beyond legal jurisdiction. Investigators rely on blockchain analysis, computer forensics, and subpoenas to centralized exchanges to uncover hidden crypto holdings. The complexity of crypto transactions, including chain hopping and token wrapping, adds to the difficulty of tracing assets across different blockchains. Valuing crypto assets in divorce court is also challenging due to the market's volatility and the need to account for assets staked for earning rewards. For more information click the link!

https://www.cnbc.com/2023/05/20/bitcoin-in-divorce-how-spouses-hide-assets-crypto-hunters-find-them.html

Understanding Form 1040NR: A Guide for Foreign Investors
December 3, 2025
learn how to determine U.S. residency, FDAP vs. ECI income, and who must file Form 1040NR. A complete tax guide for foreign investors and non-residents.
November 25, 2025
Entering the U.S. market? Learn how a strategic CPA can guide growth, reduce taxes, and help Texas businesses expand confidently across construction, real estate & manufacturing.
By Tim Freese November 6, 2025
IRS grants penalty relief for 2025 under the One, Big, Beautiful Bill. Learn what employers should do now to prepare for next year’s reporting rules.
A practical tax guide for growth-minded business owners
October 14, 2025
A practical guide for growth-minded owners: align entity structure, compensation, policies, and exit planning so your tax strategy powers long-term success.
CFO team meeting about post-OBBBA energy strategy
September 30, 2025
Rebuild your EV and energy strategy post-OBBBA with a practical framework for timing, ROI, and funding so you adapt, not stall.
essential tax strategies for real estate investors
September 8, 2025
The October 15th 2025 tax deadline is approaching, learn essential tax strategies for real estate investors before it's too late.
Freese, Peralez & Associates voted Best CPA firm in The Woodlands for 2025, second consecutive year.
July 18, 2025
Established in 2017, Freese, Peralez & Associates is a boutique CPA firm serving medium-sized businesses throughout Montgomery and Harris County. With 9 dedicated professionals and over 35 years of experience, we specialize in tax planning, consulting, and preparation for construction, manufacturing, and real estate.
Article on how to tell if your side hustle is a business or a hobby.
June 30, 2025
IRS rules for hobbies vs. businesses changed in 2025. Learn how to classify your side income, avoid penalties, and unlock tax deductions. Consult a CPA for help!
A+ BBB-rated and Best CPA Firm in The Woodlands 2024-2025
By Tim Freese June 24, 2025
Freese, Peralez & Associates now accepts Bitcoin payments, making tax planning as modern as your business.
Tax services for businesses in The Woodlands, Texas
By Tim Freese January 13, 2025
Don't miss crucial tax deadlines! Our Q1 2025 tax guide for The Woodlands businesses is here. Get key dates and expert tips to stay compliant.