Darknet Market Owner Arrested in New York - FBI Tracks His Cryptocurrency A 23-year-old man has been arrested in New York and charged with owning, operating and profiting from a $100 million darknet drug market. Authorities said they tracked cryptocurrency transfers that revealed his true identity.
Rui Xiang Lin, known online as "Faron," was arrested at New York's John F. Kennedy Airport on May 18 and appeared in federal court on Monday, May 20, Manhattan prosecutors said in a statement.
The FBI discovered Lin and his alleged ties to the darknet website by partially tracing cryptocurrency transfers from Incognito Market to an unnamed centralized cryptocurrency exchange account in Lin's name.
In his testimony, FBI task force officer Mark Reubens stated that a cryptocurrency wallet controlled by Lin received funds from the Incognito Market wallet, which were then sent to an exchange account in Lin's name.
