Binance, the world’s largest cryptocurrency exchange, collaborated with law enforcement agencies to dismantle the Incognito Market, a major darknet marketplace facilitating illegal drug sales. Binance’s Financial Intelligence Unit (FIU) played a crucial role by providing information to investigators that enabled them to trace illicit transactions and identify suspects. This collaboration involved freezing $3.5 million in cryptocurrencies linked to the case and helped law enforcement agencies execute a significant takedown operation. 270 individuals were arrested across four continents as part of this international effort, Operation RapTor. Binance emphasized that blockchain networks cannot serve as safe havens for criminal activity and highlighted that even with sophisticated privacy tools, digital transactions leave a trail that can be used by authorities to uncover illicit activities.