Bitcoin is a relatively new type of currency that is not controlled by any government but rather is decentralized. It is oftentimes referred to as a “cryptocurrency” as it is not physical. Bitcoins are maintained in virtual “wallets” and can be transferred via QR codes.
The video below from the Wall Street Journal further explains Bitcoin:
As Bitcoin is becoming more popular, it should not be surprising that is showing up in divorce cases. So what happens to Bitcoins in divorce?