- What: Taiwanese prosecutors seize $6.6M in assets from Incognito Market admin
- Impact: Law enforcement takes action against a dark web drug marketplace
Archive: Assets worth over $6 Million seized from Incognito Market Admin Lin Rui-Siang Incognito Market In May 2025 Taiwanese prosecutors seized assets worth more than NT$200 million ($6.67 million) from Lin Rui Siang the Admin of Incognito Market who pleaded guilty in the US in December 2024 to charges related to operating the drug sales platform. The Taipei District Prosecutorsâ Office launched an investigation into Lin Rui-siang, seizing real estate and bank savings in Taiwan totaling more than NT$200 million, sources familiar with the matter said. The 24-year-old has been detained in New York since his arrest by FBI special agents at John F Kennedy International Airport while in transit back in May 18 2024. He also ran Sector.city an email service and Anti Analysis(https://antinalysis.org) after being scammed for 100k by exchange FixedFloat. Announced on dread /post/fe4fbba53b5ccfbccbda Lin was accused of owning and operating âIncognito Market,â that enabled its users to buy and sell illegal drugs anonymously around the world, US authorities said in a news release. âIncognito Marketâ was formed in October 2020 and closed in March 2024 after having sold more than $100 million worth of narcotics, including hundreds of kilograms of cocaine and methamphetamines, the statement said. Incognito Page In exchange for listing and selling drugs on the platform, vendors paid a commission of 5 percent of their sales to Incognito Market. Taipei Prosecutors Office. In December 2024, Lin pleaded guilty to three charges: narcotics conspiracy, which carries a mandatory minimum of 10 years and up to life in prison; money laundering, with a maximum sentence of 20 years; and conspiracy to sell adulterated and fake medication, which carries up to five years, according to a statement from the US Attorneyâs Office for the Southern District of New York. When arrested, Lin was en route from Saint Lucia to Singapore, where he planned to enroll in a graduate program after completing his service at Taiwanâs Technical Mission in the Caribbean nation, a diplomatic ally of Taiwan. Lin, who specialized in information technology, was dispatched to Saint Lucia in November 2023 under Taiwanâs âsubstitute military service program,â which allows conscripts to fulfill their national service obligations by assisting with Taiwanâs overseas technical and medical missions, the Ministry of Foreign Affairs said. Mirror Media reported that, after pleading guilty, Lin identified four accomplices and revealed details about the digital financial flows involved. As a result, the US court postponed his sentencing, originally scheduled in March 2025 , until September 2025 , the report said. I have been unable to ascertain what happened since this postponement but a follow up article will be published once further information comes in, law enforcement have not responded to our requests.