If you were in his shoes, can you declare your crypto asset to your family? Or do you think he should have declared it to them after the extended family members must have left and even if he did, the information can still leak to the extended family and from there it can escalate to other people. What opinion do you have to give in this situation?
When it comes to decisions like this, we cant be one sided, because this man own his asset and can decide on whatsoever decision he has come up with, because he owns the bitcoin in his portfolio, secondly, we may also consider the fact that as long as the extended family members were also involved in such meeting, he may not want to open up and expose everything, because life is cruel in some times, we only know about our own self and don't know about others intentions towards us.