A Russian court sentenced the founder of the cryptocurrency mixing service Hydra to life in prison
ChainCatcher news, a Russian court has sentenced the founder of the online black market and cryptocurrency mixing service Hydra, Stanislav Moiseev, to life imprisonment. The service processed over $5 billion worth of cryptocurrency during its operation.According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow Regional Court found Moiseev and his 15 accomplices guilty of organized crime and illegal production and sale of psychoactive substances and drugs. The sentences for Moiseev's 15 accomplices ranged from 8 to 23 years. Moiseev was also fined $38,100 (4 million rubles), while his 15 accomplices were ordered to pay a total of $152,400 (16 million rubles). As part of the sentencing order, properties and vehicles related to the convicted individuals were also seized.According to Russian state media TASS, they will serve their sentences in a "strict regime" penal colony.