Binance assists law enforcement authorities in the takedown of a 100 million USD darknet marketplace

Binance played a crucial role in aiding law enforcement against the Incognito Market, which processed over 100 million USD in illegal sales. The company’s Financial Intelligence Unit significantly contributed by tracing illicit transactions and identifying key suspects involved in the operation.

Operation RapTor, a global effort led by U.S. Agencies, culminated in 270 arrests involving darknet activities. Binance’s actions reflect its commitment to security and compliance, especially following a 4 billion USD fine, showcasing blockchain’s capacity to counter criminal use.

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