Hydra, a notorious bazaar on the Tor network, was implicated in a wide array of illicit services, including drug trafficking, document forgery, and cryptocurrency laundering.
The takedown of Bitzlato highlights how interconnected illicit activities are within the cryptocurrency space, handing over approximately $4.58 billion in transactions linked to Hydra.
Anatoly Legkodymov was arrested for his role in Bitzlato's operations, which facilitated significant amounts of laundered funds related to the doomed darknet marketplace.
The arrest of Mikhail Matveyev marks a significant shift in Russia's stance on cybercrime, previously allowing such activities to flourish as long as domestic entities were not affected.
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