Disturbing reports are emerging from the dark corners of the web, where users of the major darknet marketplace, Incognito Market, are expressing concerns over the inability to withdraw Bitcoin (BTC) and Monero (XMR). Fears of a potential "exit scam" are growing, impacting users who may have millions at stake.
🌐 Market Overview:
Incognito Market: Known for narcotics trading, valued between $10 million to $30 million.
Alleged Exit Scam: Users report withdrawal failures, sparking accusations against marketplace administrators.
💬 Administrator's Response:
Incognito's administrator, "Pharoah," responded on Dread, a darknet-based site, claiming the withdrawal issues are due to upgrades in the system. However, ongoing withdrawal problems have fueled suspicions.
🚨 Confirmation of Exit Scam:
Dark web security sleuth and administrator Hugbunter revealed discussions with "Pharoah" involving a "bribe" to remove warnings about Incognito. Hugbunter's statement: "Unfortunately, I can 100% confirm the exit scam now."
📈 Market Impact:
This alleged exit scam unfolds amid a Bitcoin rally, reaching a new all-time high of over $69,200. Monero has also experienced gains, reaching a 7-day high of $151.74.
💡 Stay Informed, Stay Safe:
As the darknet landscape evolves, vigilance is key. The cryptocurrency community must stay informed, exercise caution, and report suspicious activities.
🌐 Your Insights:
How do you view the intersection of darknet activities and the broader crypto market? Share your thoughts!
