TechFlow News, April 25: According to South Korea’s Asia Economic Daily, a woman in her forties learned—two years after her divorce—that her former husband had secretly invested in cryptocurrencies during their marriage and generated substantial profits. In response, attorney Kim Na-hee of South Korea’s Shinsegae-ro Law Firm stated that stocks and virtual assets acquired during the marriage constitute divisible marital property. If a party was completely unaware of such assets at the time of divorce, they may exceptionally file an application for supplementary division—but must do so within two years from the date of divorce. Regarding asset tracing, the party may apply to the court for a disclosure order and obtain approximately three years’ worth of bank statements to identify deposits and withdrawals linked to cryptocurrency exchanges. Subsequently, they may apply to the court for a document submission order to verify the former spouse’s virtual asset holdings.
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