US prosecutors say the Taiwanese founder of Incognito, a dark web drug market using crypto, has been sentenced to 30 years in prison by a New York court.
Summary
- A Taiwanese national received a 30-year prison sentence for running Incognito, a dark web narcotics marketplace that used cryptocurrency.
- Prosecutors said the platform enabled illegal drug transactions, with the founder earlier pleading guilty in proceedings led by the Southern District of New York.
- The sentence ranks among the tougher penalties for crypto-linked dark web markets, underscoring ongoing US enforcement pressure on illicit online platforms.
A Taiwanese national received a 30-year prison sentence Tuesday for operating an online narcotics marketplace, according to an announcement from the US Attorney’s Office for the Southern District of New York.
Taiwanese national gets hefty sentence for crypto scam
The defendant, identified as the founder of Incognito, had previously entered a guilty plea in earlier court proceedings, the attorney’s office stated.
The case involved the operation of a dark web marketplace that facilitated illegal drug transactions using cryptocurrency, according to federal prosecutors.
The US Attorney’s Office for the Southern District of New York handled the prosecution of the case. No additional details regarding the specific charges or the timeline of the criminal operation were immediately available.
The 30-year sentence represents one of the significant penalties handed down in recent years for dark web marketplace operations involving cryptocurrency-based transactions.
Source: https://crypto.news/dark-web-incognito-founder-gets-30-year-term-for-crypto-drug-ring/