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Hydra Founder Sentenced to Life: The Dark Side of Crypto's $5.2B Black Market Empire
The Russian court just handed down a life sentence to Stanislav Moiseev, founder of the infamous Hydra darknet marketplace that processed over $5.2 billion in crypto transactions. As a crypto analyst who's tracked Hydra's shadow economy for years, I'll break down how this 'Amazon of illegal goods' operated, why mixing services attract criminals, and what this case reveals about global crypto regulation gaps. Spoiler: it involves 19,000 vendors, a ton of drugs, and some very unhappy governments.
Policy Pulse
crypto crime
darknet markets
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1 week ago