In a bold move against online drug trafficking, American federal officers have shut down the infamous “Incognito Market” and apprehended its mastermind. Rui-Siang Lin, a 23-year-old from Taiwan, was nabbed at John F. Kennedy International Airport on May 18 and has admitted guilt to running the illicit operation. Facing life imprisonment, Lin’s reign over the dark web underworld has come crashing down.
Under the guise of “Incognito Market,” Lin’s venture began in October 2020 and persisted until its dismantlement in March 2024. Similar to the notorious Silk Road, this underground marketplace became a global hub for illegal drug transactions, offering a wide array of narcotics.
From cocaine to MDMA, Incognito Market had it all.
What set Incognito Market apart was its user-friendly interface, resembling any online shopping platform. However, beneath the surface lay a sinister truth: every purchase incurred a 5% transaction fee, lining Lin’s pockets. Moreover, the platform offered additional services such as branding and customer support, making it a one-stop-shop for illicit activities.
Despite its facade, Incognito Market posed a grave danger to public health. Investigations uncovered pills contaminated with lethal substances like fentanyl, underscoring the risks associated with online drug purchases. According to US Attorney Williams, Lin’s enterprise raked in hundreds of millions of dollars, jeopardizing countless lives in the process.
Lin’s arrest signifies a significant victory in the ongoing battle against dark web illicit activities. From managing operations to overseeing transactions worth millions, Lin’s grip on the digital underworld was formidable.
As the US intensifies its efforts to combat online crime, Lin faces a lengthy prison sentence for his crimes, serving as a warning to others who dare to follow in his footsteps.
Also Read: Crypto Hack Report This Week: Analyzing Recent DeFi Hacks and Security Breaches
Investors focusing on altcoins may find the next one to two months a promising window…
XRP holders are growing increasingly frustrated and confused over the U.S. Securities and Exchange Commission’s…
XRP is gaining momentum in the crypto market once again, and this time, it’s not…
When shoppers browse for something, they probably can't imagine owning a piece of the company…
Both Dogecoin and Shiba Inu are making headlines this week with significant whale activity and…
With Ethereum’s steady performance signaling renewed interest in the blockchain sector, attention is turning toward…
