Asset Division
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only.Crypto Divorce: A Growing Threat for Married Millennials
summary.Divorce cases are confronting the complexities of cryptocurrency, which can be hidden or transferred instantly via private keys. Lawyers must subpoena exchanges, trace blockchain transactions, and determine ownership dates, while courts grapple with valuation, custody, and volatility. Specialists like BlockSquared Forensics provide costly forensic services to uncover hidden assets. Courts generally treat crypto as property, offering options such as on‑chain splitting, sale for cash, or offset against other assets. The rapid growth of crypto holdings among millennials is driving a surge in these technically demanding divorce disputes.
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Li Guofu Announces Divorce Settlement, Eyes AI Venture
Dangdang founder Li Guoqing announced the finalized dissolution of his marriage with Yu Yu, with asset division finalized. Li expressed gratitude and apologized for any disruption. He wishes Dangdang, now with Yu Yu at the helm, continued success. Li plans new ventures, including AI applications and philanthropic collaborations. The separation followed a long public conflict over management and financial disputes, starting with their 1999 co-founding of Dangdang.