Quote from: coin_lover on February 15, 2018, 06:39:41 PM

Divorcing couples are being warned to disclose all their assets amid fears that some may use digital currencies such as Bitcoin to hide their wealth.

Lawyers suggest that the anonymous nature of these digital currencies could prove tempting to those involved in an acrimonious split.

One solicitor said she had seen the "first wave" of cases where crypto-currencies were listed as assets.

Courts have wide-ranging powers to investigate hidden assets.

This could include a court appointing a digital forensic expert to analyse data when it is suspected someone is trying to hide money in cryptocurrency,

http://www.bbc.com/news/business-43070849

I understand the fear that 'some may use digital currencies such as Bitcoin to hide wealth', but didn't they know hiding of wealth has been in existence for so long with the use of traditional fiat currencies? Some use other names in their banks, name their properties to others, among others. All of these have been IN for so long, and are still widely practiced. This is true not just for divorcing couples but for purposes of evading or minimizing taxes, avoiding conflict of interests when you are a government employee, and others. Hence, I think the fear with digital currencies in hiding wealth is dumbfounded to think that even without it, most people have been doing some workaround to obtain their goals.