I’m in a tough spot. My husband and I are splitting up, and he invested most of our money in Bitcoin and some other cryptos. We both have access to this portfolio on Alt Tracker. How do I get a copy of it for legal stuff? It's super important for me and our kids.
Proving Bitcoin Ownership During Divorce
19 replies 268 views
fewunderstandLegendary
Posts: 86 · Reputation: 5964
#2Jun 2, 2019, 10:49 PM
Honestly, the court usually accepts various forms of proof. If you can access something like this https://alttracker.herokuapp.com/portfolio/419, a screenshot could work. You might even want to film yourself logging in to show it's legit. If they accept it, the crypto's value could be counted as part of your marital assets.
hodler_omegaNewbie
Posts: 2 · Reputation: 38
#3Jun 3, 2019, 05:58 AM
You really should chat with your lawyer or maybe an accountant about this. I’ve never used AltTracker myself, but from what I gather, it just shows the value of your assets, not the actual coins. If they don't know your crypto addresses, the numbers might not even be right.
hodler_omegaNewbie
Posts: 2 · Reputation: 38
#4Jun 5, 2019, 12:05 AM
I took a look at AltTracker, and yeah, it asks you to input how much you paid and how much crypto you have. Your husband could easily have made that quantity up. So, I’d suggest digging into your exchanges and wallets instead. Using AltTracker as proof is like showing a stocks app on your phone lawyers will want more solid evidence.
Dealing with this could get messy. Best bet might be to agree with your husband. Sell the crypto, split the cash, and if you want to invest later, do it with your own money. That way, you avoid the headache and your kids benefit too.
As long as the wallet is in your husband's name, you can't prove the Bitcoin is yours too. You really need to talk to him first to figure this out. In a divorce, there should be a settlement anyway.
To prove ownership, you need the coin addresses. Not sure if you need to give the private keys, though. If your ex has those, he might have moved the coins already. Best to discuss this with him.
atomicpixelMember
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#8Jun 7, 2019, 10:01 AM
A court won't accept just a screenshot, come on guys. Your husband could easily fake that. They won’t buy any links either. What really matters is where he stores the coins. If they're on an exchange, that’s easier than if he’s keeping them in personal wallets. I hope you two are communicating.
Could you work this out peacefully without lawyers? I feel like they complicate things. Just talk it out. If there’s no fighting over it, that’s a good start.
If you two can agree on the value, it should be straightforward. Just grab a screenshot and calculate the fiat value. If there’s disagreement, though, that’s when things get wild.
Is this a messy divorce or just a matter of figuring things out? If the coins were bought, there should be purchase records. All exchanges will give you trade downloads and address info. A screenshot alone won’t cut it.
ape_diamondMember
Posts: 16 · Reputation: 244
#12Jun 8, 2019, 12:40 AM
Trace the funds back to when they were bought. If your husband hasn’t mixed them up, it should be straightforward. Plus, if you’re not arguing, it’s likely he won’t run off with the cash. Keep your lawyer in the loop.
quantumdiamondFull Member
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#13Jun 8, 2019, 05:29 AM
You could record a video to prove access, but honestly, that doesn’t guarantee anything. Anyone can create a fake portfolio on a tracker. Do you have access to your husband's exchange account? That’d be solid proof.
CalmFalconMember
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#14Jun 8, 2019, 12:03 PM
I hope your husband isn’t pulling a fast one with a fake portfolio. Find out where he keeps the crypto and maybe liquidate it. Next time, consider a multi-sig wallet to avoid this mess.
fewunderstandLegendary
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#15Jun 8, 2019, 04:19 PM
If the portfolio is on a tracker, it’s meaningless unless you know where the coins are. If they’re on an exchange, you can bring that to court. If it’s in a non-web wallet, you’ll need the private keys.
greg.protoMember
Posts: 18 · Reputation: 58
#16Jun 8, 2019, 07:48 PM
You need solid evidence to back up your claims. This is a technical issue, so gather what you can.
You should have insisted on access to the funds earlier. Multi-sig wallets could have saved you the trouble. Do you know where your husband keeps the crypto? Get the wallet info if you can.
If you know the total amount involved, it might be simpler for your husband to sell half and give you your share. Why drag it through court if you can settle it like adults?
eric.degenSenior Member
Posts: 8 · Reputation: 1427
#19Jun 9, 2019, 07:31 AM
Proving ownership might be tough. Even if you access the wallet, getting the court to accept it as proof is tricky. Judges usually avoid setting risky precedents.
Gather concrete evidence on your husband's crypto. Knowing his wallet info, including the private key, would help. Maybe discuss it with him first to avoid hassle.