Protecting Your Tomorrow

Don’t leave assets behind in your Florida divorce

On Behalf of | Jul 1, 2025 | High Asset Divorce

As you wend your way through the divorce process here in Florida, you and your soon-to-be ex-spouse must disclose ownership of all marital property. This process is known as discovery, and all discovery must be answered and provided to opposing counsel promptly.

But what happens when one spouse drags their feet on submitting documents or answering questions?

They are legally required to produce information

If your spouse repeatedly blows off all attempts to learn the true nature of a couple’s financial picture, it’s safe to assume that they are hiding assets. One of the most common assets divorcing spouses try to hide is cryptocurrency purchases.

People mistakenly believe that their cryptocurrency transactions are untraceable. While that’s a fallacy, it’s also true that the average spouse might not understand how to follow the trail back to the source of the purchase.

Cryptocurrency hunters emerge to track investments

As with all new technologies, the laws are slower to catch up with the advancements in the field. But you will be relieved to know that there are people who know how to trace purchases of cryptocurrency and non-fungible tokens (NFTs) back to their source.

And while not all couples will need to arrange for their services, cryptocurrency hunters can really turn a divorce settlement around when a couple’s true financial assets are revealed.

When should you suspect hidden crypto?

Any time that the assets appear to be negligible given the individual’s earning power, there may be a cache of hidden assets waiting to be revealed. The first step in the process is awareness of the finances. If you don’t understand the whole cryptocurrency process, that’s OK, because these auditors know just how and where to look.

Financial infidelity often depends on the other spouse’s lack of knowledge or interest in their assets and resources. Remaining aware of the net income of both parties and the status of their investment portfolio can deter spouses from attempting to hide assets in divorce.