This has led to elevated hypothesis a couple of attainable "exit rip-off" by the platform's operators.

The estimated worth of Incognito Market ranges between $10 million and $30 million, as reported by Dark Web Informer. User complaints intensified on March 5, pointing to failed attempts to withdraw cryptocurrencies, stirring considerations over the administrators' intentions.

Incognito's administrator, generally known as "Pharoah," attempted to mitigate user concerns on Dread, a darknet discussion board just like Reddit, attributing the withdrawal issues to recent system updates. Despite these assurances, persistent withdrawal issues and a subsequent submit by notable darknet figure Hugbunter have substantiated fears of an exit rip-off.

Hugbunter reported a conversation with "Pharoah," the place a bribe was allegedly offered to downplay the state of affairs on Dread, thus verifying the suspicions of an exit rip-off. Hugbunter's subsequent warnings on Dread and Reddit aimed to stop further person losses.

The timing aligns with the Chainalysis 2024 Crypto Crime Report, which notes a resurgence in darknet marketplace revenues in 2023, following the shutdown of Hydra, the beforehand dominant market. The landscape now sees smaller platforms like Mega mega darknet market filling the void, each carving out its niche within the underground economic system.