Incognito Market Owner Arrested After FBI Tracked Crypto Transactions

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A Taiwanese national has been charged with running Incognito Market, a darknet drug bazaar, and arrested after authorities tracked the platform’s transactions.Rui-Siang Lin, 23, operating under the pseudonym “Pharoah,” at New York’s John F. Kennedy Airport. According to FBI Assistant Director in Charge James Smith, Lin ran Incognito Market for about four years, was in charge of its operations, including vendors, employees, and customers, and was the primary decision maker.

According to the FBI, they identified the Incognito Market owner by tracking crypto from the marketplace to an exchange account in his name. FBI task force officer Mark Rubens said the exchange provided Lin’s driver’s license, email, and phone number.

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Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New YorkCheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings.
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