This is smart to do, he has a good financial advisor. He will have money there that no one but himself can access, and that money is guaranteed to never be debased (killer app for Bitcoin if you ask me). This is definitely another use case for Bitcoin, the super rich buying BTC to retain their wealth. I don't quite understand this, but couldn't the court order him to pay those BTC to his wife if necessary?

Hollywood is a scam industry. They show nonsense in 2 hours movie and earn $20 million. Same as Bitcoin $400 to $6000.

Some $40,000,000,000,000 has been invested in Gold over past 100 years and Gold gives 15% profit in one year. Just like businesses and jobs where people are the producers and hard workers.

Actually Bitcoin is hub for scammers and criminals. Central banks has rejected Bitcoin as high risk asset

Not a bad move, to spread some of that wealth around in Bitcoin, he'll probably a lot of more money (in terms of fiat value) since the price could shoot up in the long-term, and those 5m could turn into a lot more.

"the expert told Cosby of Bitcoin’s privacy and legitimacy, as it “couldn’t be taken in a divorce..." the guy probably made up his mind after listening to those words LOL I wonder why they didn't buy more, I probably would have if I had a $500 million fortune.

If only it worked that way. You receive no legal protection whatsoever by turning your dollars into BTC. He will still owe the money, it does not matter that he bought a house with it or bitcoin. His estate will be seized, bitcoin and all. If he thinks he can just refuse to give up his private key then he will spend his life in a cell on contempt charges. Not smart.

whether he plans to not pay a fine for the crime he committed, if he is proven to do that he still has to pay a fine, and of course he will be forced to hand over the wallet's private key.

Maybe you underestimate Mr. Cosby.
He could show some remorse and give up the private keys to the corresponding
wallets that contain the BTC equivalent of 5M $.

This amount matches the BTC amount reported by the media and all
creditors and the court are happy.

Afterwards Mr. Cosby secretly sells off his remaining BTC whenever he needs some fiat,
because he obviously bought way more than 5M$ of BTC and just spread this
rumor in order to downplay the true extent of his BTC holdings.

Personally, I don´t really like this news, because Mr. Cosby will be filthy rich
when BTC hits higher price levels. I can think of persons that would be more deserving
of that kind of unprecedented wealth than him.

This is not the case here. Bill is trying to hide his money from the justice, his wife and probably the other girls eyes. Bill can even switch his fortune to Bitcoin and move to Russia if he wants then convert it to Rubble. Smart Bill, be like Bill..

I don't really like this news. The good reputation of Bill Cosby is more than broken and i don't like it when his name is associated with Bitcoin. He is still a celebrity, but still with a bad reputation. That's why this news has a sordid aftertaste for me and I'm not really happy about it. I certainly would have found this news better with another celebrity. But anyway, it's definitely good for Bill Cosby and he sure didn't make a mistake with that decision. 

Bitcoin doesn't permit censorship of anyone.  Even rapists.  Rapists are allowed to hide their money just like all you tax cheaters.  The blockchain doesn't care if you drug and rape women, if the signature is correct, the money is yours.

Its a shame what he did, he was a good comedian, however buying bitcoin seems like a good act even tho his past isn't good, I have to say good job on seeing forward and understanding technology.