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Byadmin September 23, 2022September 23, 2022Write a Comment on Divorce And Division Of NFT Property2 min read
Recently, more NFT collectors have been sharing their divorce stories on Twitter. For example, the Bored Ape StonedBrody collector lives in Wisconsin, one of the 17 US states where divorce automatically receives the status of “by mutual agreement,” and he told his story. Brody was asked to transfer some of his NFTs to a wallet run by his wife at a court hearing this week. In other words, he could lose half of his NFT portfolio, including blue chip collectibles.
Telling the story on Twitter, he added that it would be a nightmare for him to determine the value of the collection, and any disagreement between him and his wife would lead to liquidation by court order.
A similar story happened to the MAYC collector under the nickname hodlland. The collector responded to Brodie’s message by saying that he had to give away 50% of his NFTs after the divorce.
hodlland shared that all this could have been avoided if the parties had entered into a prenuptial agreement before the wedding. Otherwise, any NFT wallet created during the marriage may be subject to division in a “mutually agreed” divorce.
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