Attention all divorce lawyers, cryptocurrency isn’t going away! Call it a pyramid scheme or a fad, but the fact remains that many divorce attorney’s clients are already knee-deep in cryptocurrency investments. Cryptocurrency investment within a marriage can be anything from a hobby of one partner, to a project shared by both partners to a secretive endeavor that can in the worst cases be used to hide money. There are so many issues to be tackled with cryptocurrency, from the purely financial ones – the difficulty of valuation for example – to the emotional and logistical (how can cryptocurrency be divided or cashed in? Can spouses even lay their hands on the passwords?) With the huge growth of cryptocurrency over the last year or two, Jonathan Fields delivered an extremely well-timed talk at the Virginia Chapter of the American Academy of Matrimonial Lawyers’ Annual Conference, entitled “Cryptocurrency: What Every Divorce Practitioner Should Know.”
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