Increasingly, divorcing spouses who wish to conceal their assets are turning to electronic currencies like Bitcoin.<\/p>\n
Bitcoin is the most popular of a host of computer-generated currencies that are used to buy all manner of goods and services. It rivals cash in terms of its anonymity and surpasses it in its ease of transfer and concealment. For these reasons, its initial popularity was due in part to its ability to facilitate illegal activity.<\/p>\n
Bitcoins may be purchased online by electronic bank transfer or wire transfer. This method presents some obstacles to asset discovery, but other methods are far more clandestine. Bitcoins may also be purchased in person using cash, leaving virtually no paper trail.<\/p>\n
The ability to spend or transfer bitcoins is dependent upon a long password, called a \u201ckey.\u201d Bitcoin keys may be stored in computer files or on paper. But if they are memorized instead, the owner may leave literally no physical (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Increasingly, divorcing spouses who wish to conceal their assets are turning to electronic currencies like Bitcoin. Bitcoin is the most popular of a host of computer-generated currencies that are used to buy all manner of goods and services. It rivals…<\/span><\/p>\n