The cryptocurrency boom isn't just generating new businesses for tax advisors, it's benefiting lawyers too - more specifically divorce lawyers in this case
Not exactly lovey dovey news, but we're past Valentine's Day already anyway - for the most part at least.
Royds Whity King - a UK law firm - said that it is currently working on three divorce cases involving cryptocurrencies. To be more exact, they are cases where "spouses are seeking the disclosure and a potential share of cryptocurrency assets".
The cases identified involves a fight of a share of Bitcoin, Litecoin, Ripple, and Ethereum.
And one of those cases involves cryptocurrencies worth a whopping £600,000! The husband in that case initially invested just £80,000 in cryptocurrencies, which then benefited from the rally in December last year.
I wonder what they are worth now though. But yeah, if you're in the same field, you'd probably want to start brushing up on your cryptocurrency dictionary.
Anyway, the crypto world is starting to see some resurgence again with Bitcoin now back up to $9,650 on the day. But the big boomer has been Litecoin, which is now trading around $230 - and I talked more on that here yesterday.
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