The Rise and Fall of Incognito: A $100M Dark Web Marketplace

Explore how cryptocurrency fueled the Incognito dark web market's success and downfall, leading to the arrest of its founder facing lengthy prison time.

The notorious dark web drug marketplace, Incognito, made headlines for its significant financial transactions, amounting to approximately $100 million. Interestingly, the very technology that enabled its rise—cryptocurrency—also played a crucial role in its demise.

Law enforcement agencies, particularly the FBI, utilized the same digital currency mechanisms that facilitated Incognito's operations to trace its founder. As a result of this investigation, the creator of the marketplace now faces the prospect of spending up to 30 years behind bars.