Stanislav Moiseyev, the founder of the criminal drugs platform Hydra, has been sentenced to life in prison by Russian authorities. Along with 15 accomplices, Moiseyev was charged with organizing a criminal drugs enterprise and fined 4 million rubles. The accomplices received fines totaling 16 million rubles and prison sentences ranging from eight to 23 years. Hydra, which operated from 2015 to 2018, processed nearly $3.2 billion worth of crypto through high-risk exchanges, with $780 million transacted between Binance and Hydra. The organization was seized and shut down by the US in 2022.



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