In a major win for crypto transparency, #Binance just helped global law enforcement take down Incognito Market — a $100 million darknet drug marketplace.
👉 Over $200M in assets seized
👉 270 arrests across 4 continents
👉 2+ tons of drugs removed
👉 $3.5M in crypto frozen by Binance
The operation proves one thing loud and clear:
Blockchain is traceable — crime can’t hide on-chain.
Binance’s Financial Intelligence Unit (FIU) worked with U.S. and Taiwanese authorities to identify wallet addresses linked to the marketplace, leading to the arrest of its suspected admin, known as "Pharaoh."
Why this matters:
Crypto critics often cite darknet activity as a threat. This takedown highlights how blockchain’s transparency — combined with proactive compliance teams — can help fight financial crime at scale.
👉 Binance’s Nils Andersen-Röed said:
"Every crypto transaction leaves a digital trail. Criminals beware."
Crypto is evolving — and this is the future we need to build: transparent, safe, and trusted.
📢 Share this post to spread the message — blockchain is for innovation, not crime!
