Crypto bro wants divorce settlement reconsidered after his ex-wife's sensible finances hold up better than his crashing coins

Story is basically in the headline. The guy actually gave his ex-wife his own pension in exchange for holding onto his crypto currency.

This comes from a financial advice column here:

In case the above is paywalled for you, this tweet excerpts the relevant question:

https://mobile.twitter.com/_ElizabethMay/status/1560932607893831683

The columnists address the question with a straight face (paraphrased: courts don’t want one party to bear all the risk, but in a case where natural fluctuations were foreseeable, you’ll have trouble getting a judge to accept one party demanding the agreement be reopened). For my part, though, I would have asked the guy a different question.

To wit: If your stupid crypto gamble were riding high, and your wallet was doubling your ex’s traditional accounts, would you be happy to share, or would you smugly tell her, sucks to be you?

I hope the ex tells him to pound sand, and I hope the court agrees.

The tweet is from Elizabeth May. She’s not a guy. Even lesbian couples can have an idiot in the household.

The tweeter is not the person in question. She’s just copying out the question from the article for its schadenfreude.

Ooops. Sorry. I misunderstood.

I agree with your take, if that helps.

Who knew crypto was so unstable?

“He chose… poorly.”

It will recover eventually. HODL!
< / schadnfrd… > :smiling_imp:

“I should not be responsible for my decisions!”
-Average American

I think it’s fair that the wife should suffer because of her husband’s poor decision-making ability… said nobody, ever.

Horses often drink lattes?

You are of course familiar with “…in sickness and in health, for richer or for poorer…”?

Sure, but once you’re divorced those vows go out the window… as they should.

Also, that marital vow of commitment, noble though its aspirations may be, has nothing to do with fairness. In fact, the whole point of it is to affirm the couple’s unity and mutual devotion as more important than whatever either of them as an individual may “fairly” deserve.

Life isn’t fair, by default. Marriage isn’t fair, by design. But divorce settlements are indeed supposed to be as fair a division of marital assets and responsibilities at the time of divorce as can be attained.

That doesn’t entitle either party several months post-divorce to call for a do-over applying a retroactively modified yardstick of “fairness”.

Had the same idea a couple times working in a casino. Some slot machines you have to ‘coin up’ – play with the maximum bet – to get the big jackpot. They’d drop three quarters in but the third one didn’t register before they pressed the play button or pulled the handle and the jackpot came up, but not for them. I’d point to the tiny sign right by the coin slot saying, Ensure all coins register before starting game and tell them, "If the jackpot hadn’t come up would you hand the quarter over, saying, “I meant to play this,'?”

One of the replies in the OP’s linked Twitter thread contains an excerpt from the FT columnist’s reply to the “crypto bro” ex-husband’s query:

Almost:

Hey! Thanks for reminding me that I need to check on the value of my Beanie Babies!

…so the “said nobody, ever.” clause of your post was not actually “nobody, ever”?

I’ve heard of it. It’s from the English Book of Common Prayers.

Oddly, though, I’ve never been to a wedding in which anyone said it. Mostly they write their own vows.

No idea what his pension structure was. But they can also be risky. The wife might get stung at some point too.