The post Binance’s Role in Operation “RapTor” May Highlight Growing Cooperation in Darknet Market Crackdowns appeared on BitcoinEthereumNews.com.

Binance’s Financial Intelligence Unit has played a pivotal role in a major law enforcement operation targeting the “Incognito Market,” a prominent darknet narcotics platform. The collaboration resulted in freezing over $3.5 million in crypto assets and led to the arrest of 270 individuals across multiple continents. According to a U.S. Department of Justice representative cited by FF News, “The intelligence provided by Binance was instrumental in dismantling a significant darknet drug network.” Binance’s cooperation with law enforcement in Operation RapTor led to $3.5M in frozen crypto assets and 270 arrests, marking a significant step in combating darknet narcotics. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Binance’s Strategic Role in Operation RapTor and Darknet Market Disruption In a landmark development, Binance’s Financial Intelligence Unit (FIU) collaborated closely with U.S. and Taiwanese law enforcement agencies to dismantle the “Incognito Market,” a major darknet marketplace specializing in narcotics. This operation, known as Operation RapTor, underscores the growing responsibility and influence of cryptocurrency exchanges in the fight against illicit digital activities. Binance’s FIU was instrumental in tracing and freezing over $3.5 million in cryptocurrency assets linked to illegal transactions, demonstrating the platform’s enhanced capabilities in cybersecurity and financial crime prevention. Enhanced Cooperation Between Crypto Exchanges and Law Enforcement The success of Operation RapTor highlights a significant shift in how cryptocurrency platforms engage with regulatory and law enforcement bodies. Binance’s proactive intelligence sharing…

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Filed under: News - @ June 16, 2025 6:25 pm