Family lawyers are reporting a rise in cryptocurrency assets featuring in divorce proceedings and how, in some cases, these assets have been concealed by spouses.

Digital assets, including cryptocurrency, are a growing part of many financial portfolios. They have also become one of the most complex and contentious elements of modern financial settlements which, if undisclosed, can lead to serious consequences.

Teresa Davidson, partner and head of family at Winston Solicitors, says her practice is seeing an increase in cases where cryptocurrency forms part of the asset landscape, particularly among high-net-worth individuals and business owners. She said:

“The difficulty is that crypto can feel easier to conceal than traditional…