Digital assets like cryptocurrency are now considered marital property, subject to division in divorce proceedings. Splitting a private key can lead to permanent loss of funds, as it must remain intact. Methods like Shamir’s Secret Sharing and multisignature wallets offer secure ways to share access. Blockchain forensics can uncover hidden assets. Cryptocurrency is becoming a common issue in divorce cases, with courts treating it like any other divisible asset. It must be disclosed, valued, and divided fairly. Tools like Shamir’s Secret Sharing and multisignature wallets offer secure ways to share or split access. Inheritance, trusts, and business partnerships can also benefit from these methods. Managing and dividing cryptocurrency responsibly is crucial in modern relationships and financial planning.
Read more at Cointelegraph: How to Split Bitcoin Without Splitting the Private Key