Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Taiwan Native Operating Ether Drug Marketplace Gets 30-Year U.S. Sentence
A 24-year-old resident from Taiwan has been sentenced to 30 years in a U.S. federal prison for operating Incognito Market, one of the darknet’s most significant ether drug trading platforms. Operating under the online alias “Pharaoh,” Lin Ruixiang built an empire that moved illicit substances across digital networks using cryptocurrency and anonymity tools. U.S. prosecutors and law enforcement agencies successfully tracked and apprehended him through a combination of sophisticated techniques, dismantling what had become a major node in the global illicit drug supply chain.
Behind the Incognito Market: Tracing Ether Drug Operations
From October 2020 through March 2024, Incognito Market facilitated the sale of illegal ether drugs and other contraband on an unprecedented scale. Lin Ruixiang leveraged blockchain technology’s pseudonymous nature to his advantage, believing that cryptocurrency transactions would shield his identity from detection. The platform’s architecture was designed to maximize anonymity for both sellers and buyers, employing encryption protocols and decentralized payment systems. However, digital footprints proved impossible to eliminate entirely. Hundreds of thousands of customers worldwide relied on the marketplace to purchase ether drugs and other controlled substances, with the platform processing transactions at a volume that demonstrated the scale of demand for illicit substances in the digital age.
How Investigators Cracked the Darknet Ether Drug Trade
U.S. authorities employed advanced investigative methods to penetrate Incognito Market’s security infrastructure. Blockchain analysis revealed transaction patterns that provided critical leads, while undercover operatives conducted purchases to gather evidence. Domain registration records ultimately became the breakthrough: Lin Ruixiang’s real name, phone number, and physical address were discoverable through these seemingly secure channels. This methodical approach showed that even the most sophisticated attempts to hide online activity leave exploitable traces. The successful prosecution sends a clear message that anonymity tools and cryptocurrency cannot provide absolute protection against determined law enforcement efforts.
The Scale of Damage: Crime Data and Real-World Impact
The operational period spanning nearly four years saw over 640,000 individual transactions totaling more than $105 million in illegal drug sales. This staggering volume reflects not just the profitability of the ether drug trade but also its devastating reach. U.S. authorities confirmed that Incognito Market’s distribution of illicit substances—particularly opioids—directly contributed to deaths and intensified America’s ongoing public health crisis. At least one verified death has been directly traced to substances sold through the platform. Lin Ruixiang’s conviction and lengthy sentence underscore the serious consequences awaiting those who weaponize cryptocurrency and darknet technology to profit from the ether drug epidemic threatening communities nationwide.