1. Home
  2. Fake ID

Fake ID

Russia sentences Hydra market founder to life in prison

Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer.

Stanislav Moiseev, the founder of the online black market and crypto mixing service Hydra which took in over $5 billion worth of crypto during its operation, has been sentenced to life in prison by a Russian court.

A Moscow Regional Court found Moiseev and 15 of his accomplices guilty of organizing a criminal community and illegally producing and selling psychotropic substances and drugs, according to a Dec. 2 statement from the Moscow Prosecutor’s Office.

Sentences handed down to Moiseev’s 15 accomplices varied from 8 to 23 years.

Read more

Ripple’s Stablecoin Near Launch: Final Regulatory Nod Expected Soon