Stanislav Moiseev, the founder of the online black market and cryptocurrency mixing service Hydra, has been sentenced to life imprisonment by a Russian court. According to a statement from the Moscow Prosecutor's Office on December 2, the Moscow District Court found Moiseyev and 15 of his associates guilty of organized criminal gangs, illegal production and sale of psychotropic substances and drugs. Sentences for 15 of Mr. Moiseyev's associates ranged from eight to 23 years. Mr. Moiseyev was als...
On August 25, Stani Kulechov, founder of Aave and Lens Protocol, wrote, "In light of the recent arrest of Telegram CEO Pavel Durov, I have been reflecting on how to build'resilient approaches' that can uphold various rights, even if these rights (such as freedom of expression and content censorship) may create conflicting situations."
On August 10, according to Jin Ten, Omid Kordestani, the former chairperson of Twitter (now renamed X), sued the social platform company, claiming that its owner, Tesla CEO Elon Musk, refused to cash in more than $20 million worth of outstanding stock. Omid Kordestani, who served as executive chairperson of Twitter from 2015 to 2020 and served on the board for another two years until Musk bought the platform for $44 billion, said in the complaint that most of his compensation was stock, but Elon...