Can Creditors Take Your Bitcoin?

In most cases, bitcoin and cryptocurrency can be garnished by judgment creditors. It is a common misconception that bitcoin and other cryptocurrencies cannot be garnished. Bitcoin accounts held at U.S. institutions like Coinbase actually can be taken by a judgment creditor.
Many people believe cryptocurrency, such as bitcoin, might be the holy grail of asset protection. They think that cryptocurrency holdings are confidential assets that do not need to be disclosed to creditors. Alas, cryptocurrency may not be as protected as some people may think.
My in-depth guide to cryptocurrency garnishments: www.alperlaw.com/blog/can-cry...
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