Gate News message, April 25 — According to South Korea’s Asia Economy Daily, a woman in her 40s discovered two years after her divorce that her ex-husband had secretly invested in cryptocurrency during their marriage and made substantial profits. Na-hee Kim, an attorney at Saeworld Law, stated that stocks and virtual assets formed during marriage are classified as divisible property under Korean law. If a spouse was completely unaware of such assets at the time of divorce, they may file a supplementary division claim, but must do so within two years of the divorce date.
Regarding asset tracing, the party can request a financial disclosure order from the court and review approximately three years of bank statements to identify deposits and withdrawals related to cryptocurrency exchanges. The individual can then petition the court for a document production order to verify the ex-spouse’s virtual asset holdings.
The legal framework emphasizes that hidden crypto investments during marriage do not exempt assets from division, and Korean courts provide mechanisms for discovering and claiming such assets even after divorce proceedings conclude.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Tether loan to Lutnick family trust: Democratic senator probes political and business favoritism
Warren and Wyden wrote to Lutnick and Tether’s Ardoino, requesting related documents regarding a loan from Dynasty Trust A to Lutnick’s children. The loan is secured by trust assets, with consideration consisting of Cantor Fitzgerald convertible bonds and Tether 5% equity call options, to be disclosed the day after Lutnick sells his shares to his children. The core question is the source of funds and whether any involvement with government regulation would affect it, creating a conflict of interest. If there is no response by 5/13, it could impact the outlook for U.S. listing and the GENIUS Act.
ChainNewsAbmedia44m ago
UK FCA Unveils Regulatory Framework for Tokenized Funds in Mainstream Markets
According to the Financial Conduct Authority, the UK regulator has introduced a new regulatory framework under statement PS26/7 that permits tokenized investment funds to operate within the UK's mainstream regulatory structure rather than under separate experimental arrangements. The framework
GateNews1h ago
Kenyan Central Bank Moves to Vet VASP Applications With 4 Hires
The Central Bank of Kenya is reportedly actively recruiting for its first-ever dedicated virtual asset service provider supervision team.
Key Takeaways:
CBK opened recruitment for 4 VASP oversight roles following the passage of the 2025 VASP Act.
The recruitment signals that the CBK aims to
Coinpedia4h ago
Bithumb Wins Court Stay Against Six-Month Suspension
South Korea's Seoul Administrative Court Second Administrative Division granted Bithumb, one of the country's largest cryptocurrency exchanges, a temporary stay of execution on April 30, halting a six-month partial business suspension imposed by regulators. According to the court ruling, the suspens
CryptoFrontier5h ago
Brazil Central Bank Bans Crypto Use in Cross-Border Payments Under Resolution BCB No. 561, Effective October 1
According to Resolution BCB No. 561 announced on May 1, Brazil's central bank has banned the use of crypto assets, including stablecoins, in cross-border payments. All international transfers must now be conducted through regulated foreign exchange operations or authorized non-resident real-denomina
GateNews5h ago
Senate Unanimously Bans Members From Prediction Market Trading
## Senate Resolution Passes Unanimously
U.S. senators are now barred from trading on prediction markets following the unanimous passage of S. Res. 708 on Thursday, according to the Senate Press Gallery. The measure became "effective immediately" and amends the Senate's standing rules, which govern
CryptoFrontier7h ago
