Binance Plays Key Role in Dismantling $100M Darknet Drug Ring: International Cooperation Highlights Exchange’s Commitment to Law Enforcement

Binance has played a significant role in dismantling a major darknet drug operation, with authorities utilizing the exchange’s internal intelligence unit to track illicit transactions and freezing assets. This landmark operation, dubbed ‘Operation RapTor,’ targeted Incognito Market, a darknet site selling cocaine, heroin, and methamphetamine, showcasing the growing power of crypto platforms in combating crime. Binance’s FIU collaborated with Taiwan and the U.S. authorities, tracing blockchain wallets linked to drug trafficking and facilitating the arrests of over 270 individuals globally. This case highlights Binance’s commitment to compliance and its role as a facilitator of justice in the digital finance space.