From the description it appears he’s not so much hiding the money as simply trying to game the system with engineered arrangements that use retirement accounts

From the description it appears he’s not so much hiding the money as simply trying to game the system with engineered arrangements that use retirement accounts and other investments to shield the money. “Investing” six figures in a company on the same day as declaring bankruptcy is a nice touch. The legal system isn’t keen on rolling over and letting people escape that easy. There’s always a paper trail. A good reminder to the cryptocurrency people who have assumed that moving money into crypto gives them an easy out from future legal liabilities. The courts aren’t dumb.