Russia Jails Hydra Founder for Life, $5 Billion Darknet Crypto Market Exposed

• Hydra founder Stanislav Moiseev has been sentenced to life imprisonment.
• A Russian court sentenced all 15 of Moiseev’s accomplices from 8 to 23 years.
• Cars, properties, and other assets of all the people involved have been seized.

Stanislav Moiseev, founder of Hydra, has been sentenced to life in prison by the Moscow Regional Court. Hydra, a darknet marketplace and crypto mixer that handled $5 billion in cryptocurrency, is at the center of Russia’s intensified crackdown on illegal crypto mixers.

As per a statement published on December 2 by Moscow Prosecutor’s Office, Moiseev and 15 of his accomplices were found guilty of several crimes, including illegally making and selling drugs. The 15 accomplices were sentenced to 8 to 23 years.

The court said the founder of Hydra must pay $38,100 (4 million rubles). His 15 accomplices must pay a total of $152,400 (16 million rubles). Also, the authorities have taken all the vehicles and properties that belonged to the Hydra founder and his accomplices.

According to a report by Russian state-owned TASS, the convicted will serve their sentences in correctional colonies under “strict regimes” and will face …

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