Operator of Crypto-Fueled Dark Web Drug Market Sentenced to 30 Years

In brief

  • Rui-Siang Lin operated Incognito Market, facilitating over $105 million in crypto-based narcotics sales across 640,000 transactions from October 2020 to March 2024.
  • The marketplace utilized an internal crypto “bank” system, where vendors paid 5% commissions, generating over $6 million in profits for Lin.
  • Lin shut down the platform after stealing at least $1 million in user deposits and attempting extortion before his arrest at JFK Airport.

A Taiwanese national who built a crypto-fueled dark web narcotics empire worth over $105 million while moonlighting as a cybercrime trainer for Caribbean police has been sentenced to three decades in federal prison.

Rui-Siang Lin received the 30-year sentence for operating Incognito Market…

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