Professor Mark Grabowski was featured in a CNBC story examining how cryptocurrency is complicating modern divorce cases. With millennials entering peak divorce years and many households holding digital assets, courts are increasingly struggling to determine ownership, disclosure, and division of crypto.
In the article, Grabowski explained why crypto creates new challenges for lawyers and judges, noting that digital assets can be hidden or moved instantly: “In divorce cases, crypto is creating the same headaches we’ve long seen with offshore accounts, except now the assets can be moved instantly and invisibly.”
He emphasized that crypto ownership isn’t tied to a name on an account but to whoever controls the private keys: “If one spouse controls the wallet, they effectively control the assets.”
Grabowski, who teaches courses on cryptocurrency and cyber law, also warned that the lack of standardized reporting makes it easier for a spouse to underreport holdings: “Without that transparency and given the lack of reporting standards, it’s easy for one spouse to hide or underreport holdings. Courts are still catching up.”
The full story — “Married millennials, here comes the crypto divorce cliff” — explores how digital assets are reshaping family law, forensic investigations, and financial disclosure.
In the article, Grabowski explained why crypto creates new challenges for lawyers and judges, noting that digital assets can be hidden or moved instantly: “In divorce cases, crypto is creating the same headaches we’ve long seen with offshore accounts, except now the assets can be moved instantly and invisibly.”
He emphasized that crypto ownership isn’t tied to a name on an account but to whoever controls the private keys: “If one spouse controls the wallet, they effectively control the assets.”
Grabowski, who teaches courses on cryptocurrency and cyber law, also warned that the lack of standardized reporting makes it easier for a spouse to underreport holdings: “Without that transparency and given the lack of reporting standards, it’s easy for one spouse to hide or underreport holdings. Courts are still catching up.”
The full story — “Married millennials, here comes the crypto divorce cliff” — explores how digital assets are reshaping family law, forensic investigations, and financial disclosure.
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