Blockchain Analysis Unveils $105M Incognito Dark Web Marketplace
Blockchain tracing techniques led to the capture of the mastermind behind a $105M dark web drug operation, resulting in a hefty prison sentence.
The murky world of the dark web, particularly its illicit drug trade, has often relied on cryptocurrency for transactions. However, advanced blockchain tracing methods have proven instrumental in dismantling such operations.
In a significant development, the FBI successfully identified the individual behind the $105 million Incognito dark web marketplace. This identification was made possible through meticulous analysis of blockchain transactions.
Following the investigation, the perpetrator was sentenced to a lengthy prison term of 30 years, underscoring the effectiveness of law enforcement's use of blockchain technology in combating cybercrime.