Alleged Owner Of Darknet 'Incognito Market' Arrested In New York, Faces Life In Prison For Running Multimillion-Dollar Narcotics Operation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Arrest of Darknet Marketplace Owner: Rui-Siang Lin, alleged owner of Incognito Market, arrested in the U.S. for running a multimillion-dollar illegal narcotics operation.
- Charges and Allegations: Lin accused of operating the market under an alias, facing charges including criminal enterprise, narcotics conspiracy, money laundering, and selling misbranded medication.
- Legal Consequences: Charges carry severe penalties, with potential life sentences for some offenses.
- Market Operations: Incognito Market allegedly made millions, taking a 5% cut of sales and providing a banking system for users to deposit cryptocurrency.
- Cryptocurrency Crackdown: Lin's arrest is part of a broader crackdown on illegal activities involving cryptocurrencies, highlighting ongoing efforts to combat money laundering and illicit financial networks.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
