Custody Disputes and Wallet Ownership: Why Non-Custodial Wallets Like Cake Wallet Matter in Divorce, Inheritance, and Legal Cases
A spouse discovers that thousands of dollars in cryptocurrency are held on a centralized exchange. The marriage ends, and the account becomes frozen pending court orders, forensic reviews, and legal fees that will accumulate for months. Meanwhile, the funds remain inaccessible to both parties. In another scenario, a parent passes away with no instructions about cryptocurrency holdings, and heirs discover that recovery requires proving their relationship to the deceased, filing affidavits with the exchange, and waiting for a company’s [...]
