Odaily Planet Daily News: A Russian court sentenced Stanislav Moiseev, the founder of the online black market and cryptocurrency mixing service Hydra, to life imprisonment. The service processed more than $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 criminal gangs and illegal production and sale of psychotropic substances and drugs. Moiseev's 15 accomplices were sentenced to prison terms ranging 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, property and vehicles related to the convicted were also seized. According to Russian state-owned media TASS, they will serve their sentences in a correctional facility under a "strict system." (Cointelegraph)