Federal Bureau of Investigation (FBI) supervisory special agent Kyle Armstrong has confirmed more than 130 cases tied to cryptocurrencies are currently being investigated by the agency. Speaking at a digital-asset industry conference in New York, Mr Armstrong said the cases "threat tagged" to virtual currencies encompass crimes such as human trafficking, illicit drug sales, kidnapping and ransomware attacks, according to Kyle Armstrong, a supervisory special agent. "The agency has noticed an increase in illegal activity facilitated by digital-currency payments," confirmed Mr Armstrong.
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