Norwegian police have arrested millionaire Tom Hagen, on suspicion of murdering his wife and faking a ransom note demanding $10m in crypto.

In October 2018, Mr Hagen went to police to report that his wife, Anne-Elisabeth Hagen, had been kidnapped and that he had received a ransom demand for $10m worth of Monero cryptocurrency.

However, according to Reuters, Norwegian investigators now suspect that Mr Hagen murdered his wife, and then faked the ransom demand to cover up the crime.

At the time of writing Mr Hagen, who is thought to be worth around USD $161 million and hold investments in Bitcoin (BTC) and other digital assets, had not been formerly charged, and is still denying any involvement.

AYO.NEWS says:

Though specialist crypto forensic firms have made significant progress in tracking down criminals using cryptocurrency trails, digital assets, especially so-called privacy coins like Monero and Zcash, are still proving useful to crooks.

AYO.NEWS says features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited.

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