He Trained Crypto Cops to Fight Crypto Crime—and Allegedly Ran a $100M Dark Web Drug Market

Two months ago, Lin Rui-siang, a young Taiwanese man wearing black-rimmed glasses and a white polo shirt, stood behind a lectern emblazoned with the crest of the St. Lucia police, giving a presentation titled “Cyber Crime and Cryptocurrency ” in nearly fluent English to a roomful of cops from the tiny Caribbean country. The St.

” The message explained that Incognito was now essentially blackmailing its former users: It had stored their messages and transaction records, it said, and added that it would be creating a “whitelist portal” where users could pay a fee—which for some dealers would later be set as high as $20,000 dollars—to remove their data before all the incriminating information was leaked online at the end of this month. “YES THIS IS AN EXTORTION!!!” the message added.

Source: News Formal (newsformal.com)

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