Bitcoin: The New Asset Protection Strategy in Divorce Cases
“Asset protection” has long been a strategy in divorce cases across the United States. The term “asset protection” refers to the use of a legal strategy in order to hide or shield assets from the Courts. Bitcoins, the relatively new internet currency, will most likely become the next frontier of asset protection. In divorce cases, asset protection can take many forms. Sophisticated asset protection techniques involve transferring money to an overseas account, the formation of
