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Kim Kardashian, an American socialite, is recently in the headlines as there are reports that she is getting a divorce from Kanye West. The report claims that after six years of marriage, they have decided to get separated. Among other issues, one may come up during divorce proceedings is – Kim Kardashian’s Bitcoin and who will get it.

Back in July 2018, Matthew Roszak, chairman and co-founder of Bloq, publicly gifted 1 Bitcoin to Kim Kardashian.

Little do those naysayers know that Kim Kardashian recently played poker at a charity fund raising event, and the world is eager to know all about it, ASAP. Yes; Kim Kardashian did indeed play Texas Hold’em at a charity event in California. One common caption, for instance, is, “Whenever you feel like a moron, just remember that Kim Kardashian played poker with mirrored sunglasses.” This is a genuine photograph of the reality. Kim Kardashian, an American socialite, is recently in the headlines as there are reports that she is getting a divorce from Kanye West. The report claims that after six years of marriage, they have decided to get separated. Among other issues, one may come up during divorce proceedings is – Kim Kardashian’s Bitcoin and who will get it.

Big fun at the First Annual @cityofhope Charity Poker Tournament — also gave @KimKardashian her very first #bitcoin — KardashianCoin, YeezyCoin? — check out #tokenizationofthings: https://t.co/hvWphu6Wxmpic.twitter.com/fOdxDe4jO7

— Matthew Roszak (@MatthewRoszak) July 30, 2018

He now says:

“While I’m sure the assets involved are substantial, I’m pretty certain that very few of them quadrupled in value over the last two-and-a-half years.”

Kim Kardashian’s Bitcoin Might Become Community Property

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Among other properties, the major focus will be on Bitcoin as well, as it will surely come up. According to Norman Fernandez, a California-based attorney, if they are not having a prenuptial agreement, then the Bitcoin will be treated as community property. Any income that is acquired after marriage comes under community property and this is divided equally among the spouses during the divorce procedures. However, it is still not clear whether Kim Kardashian’s Bitcoin will be treated as community property or not.

Bari Weinberger, Weinberger Divorce & Family Law Group’s partner, has talked about two ways of dividing cryptocurrency in divorce. According to him, one way is to sell Bitcoin and then split the amount in two. The other option is to create another digital wallet and send the share of the spouse to that wallet. However, selling and revealing bitcoin ownership may create other legal problems.

There Might Be Hidden Crypto

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It is not only about Kim Kardashian’s Bitcoin as both of them might be holding more crypto that no one is aware of. In the personal jurisdiction, the court might ask the bank statements, private addresses, or maybe even account credentials. This will be made clear only when the case is out in public, until then these are all assumptions and no facts.