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On Demand

Discovering Digital Assets & Other Hidden Assets in Divorce Cases


Total Credits: 1.0 CLE

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Categories:
Family Law
Faculty:
Maxwell Pulliam
Original Program Date:
Oct 14, 2022
License:
Access for 90 day(s) after purchase.


Description

Money is no longer just cash, check, or credit. Just like Zoom has become normal for virtual meetings, virtual money also exists. It's known as cryptocurrency which uses a technology called Blockchain. The most recognizable is Bitcoin. This currency is sometimes used for investment purposes, but more and more it's replacing the dollar in common transactions. Bitcoin and similar cryptocurrencies are easy to hide from a spouse in a divorce, and may be impossible to trace. This isn't an issue to be ignored.

By their nature, divorces can be very contentious. Many parties don't think twice about trying to pull the wool over the other's eyes. Bitcoin and other cryptocurrencies are custom‐made for doing just this: hiding in plain sight. Fortunately, to an experienced eye, some red flags or clues can help us find undisclosed cryptocurrency like Bitcoin.

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Maxwell H. Pulliam, LLC


Mr. Pulliam received his B.A. from Birmingham-Southern College and his J.D. and L.L.M. from the University of Alabama. Prior to beginning his law practice, he worked four years in the tax department with the then "Big Eight" accounting firm of Deloitte & Touche. He practices primarily in the areas of civil litigation, domestic relations and criminal defense, concentrating on white collar and tax crimes. Mr. Pulliam is a member of the National Association of Criminal Defense Lawyers, Alabama State Bar, White Collar Crime Committee, and the Birmingham Bar Association.