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Creator of the darknet marketplace Incognito Market sentenced to 30 years
The court sentenced the founder of Incognito Market, Rui-Xian Lin, to 30 years in prison for operating a cryptocurrency darknet marketplace.
🪙 According to prosecutors, over a ton of drugs were sold through the platform, totaling more than $105 million.
In addition, after the site was shut down, Lin embezzled at least $1 million in user deposits.
$AAVE $SOL $LTC
*Incognito Market logo*
The platform was active for several years, during which it facilitated the anonymous sale of various illegal goods and services.
Many users trusted the platform, unaware of the risks involved.
Following the shutdown, authorities conducted a thorough investigation, leading to Lin's arrest and subsequent sentencing.
The case highlights the ongoing efforts to combat illegal activities on the dark web and the importance of cybersecurity measures.