The hype around ICO Hydra — comments of law enforcement and experts

Cheer up long ago hushed market tomenselo threatens the darknet marketplace Hydra. The leaders of the pad announced the plans for the ICO to raise funds for the transnational platform of prohibited goods.

Raised funds Hydra plans to invest in the development of anonymous networks AspaNET, service to create HatchService gateways, and platforms for the exchange of cryptocurrency LocalPoint and GlobalPoint.

The marketplace initiative has already attracted the attention of power structures. If the project is implemented, the developers in the first place, endanger the users of the service, said in comments to the edition ForkLog anonymous source in law enforcement.

According to him, the technology of communication, created to commit crimes, is equivalent to the use and dissemination of harmful computer programs.

“Users place on their computers gateways to allow anonymous access, violate the law. As an example, you can recall the history of mathematics Dmitry Bogatov, who was brought to trial for the placement of “nodes” TOR-browser. The same applies to services for the exchange received from the sale of drugs cryptocurrencies. Legalization of income obtained by criminal means in the territory of the Russian Federation criminal”, — said the source.

He added that the legislative responsibility for the investment in ICO in Russia is not provided, but given the recent government initiatives to tighten fight against drug trafficking is likely that the financing will be prosecuted by analogy with the financing of terrorism.

“The ICO project Hydra is populist and sounds the cries of a wounded beast, as law enforcement agencies conducted a number of activities, which complicated the drug trade on the territory of the Russian Federation. In General, the initiative of the organizers of the site Hydra is considered seriously, there are activities to bring to criminal responsibility for illicit drug trafficking”, — said the militiaman.

The source also confirmed that members of Hydra have provided some assistance in shutting down darknet sites RAMP, iKLAD, BlackMarket and Solaris.

Meanwhile, representatives of the crypto community announced a campaign recalled trolling Telegram messenger with its blockchain-a platform TON.

“As a rule, in the shadow of allegations of serious intent are carried out with a small share of trolling. From the point of view of the current legislative base Hydra is illegal in Russia and other countries, so it’s hard to say whether such a venture to be promising,” — said in comments ForkLog development Manager project ecosystem cyber~Congress Sergey Simanovsky.

In his view, the risks ICO-campaign outweigh any potential benefits to investors:

“This is the risk exit Scam, legal risks and, in fact, the risk of trust is very narrowly addressed to a circle of beneficiaries of the platform. Although trolling is very fun.”

Cynicism initiatives Hydra demonstrates the backwardness of law enforcement from modern technology, added the representative of the organization “society for the Protection of the Internet,” Alexander Isavnin:

“The so-called “law enforcement” is so passionate about the falsification of criminal cases, which is absolutely behind the technology that criminals use. Investigation cybersphere at the mercy of “private police” from Group-IB and “Kaspersky Lab” and are “investigating” are the best. As a result, in darknet Mature and develop the platform, further increasing the technological gap and attracting the younger talents”.

Isavnin suggested that instead of searching for criminals, the law enforcement officers “in the style of ostrich hide your head in the ground “blocking” information”.

In turn, the owners of Hydra will certainly provide a high degree of anonymity of their tokens, said the head of public organization “Roskomsvoboda” Artem Kozlyuk.

“Often everything is determined by human factor. Or do shadow investors will leave digital footprints, which can then be mapped to their personality, as it were, for example, in the history of the Silk Road. Or, if the information about the investors will be centralized, there will be risks of draining the dirt on individuals. However, the black market lives by its own rules, and his players fully understand all the risks and threats that may follow from participation in such activities”, — concluded Kozlyuk.

In itself the ICO prohibited sites are probably due to the fact that the blockchain is a decentralized system. This will enable investors to Hydra to stay in the shade, pointed out Advisor Tomashevskaya & Partners, member of the Commission on legal empowerment of the digital economy of the Moscow branch of Association of lawyers of Russia Roman Yankovsky.

According to him, the darknet marketplace is preparing to release security token, which is a share in the joint venture. But he obviously will not be tied to real securities.

“In this case, investors have very high chance of not getting any compensation for these tokens. Investment in these tokens do not only encourage criminal activity but also a potential Scam”, — said the expert.

Recall that in 2013 the founder of the darknet marketplace of Silk Road’s Ross Ulbricht was sentenced to two life prison terms without parole for money laundering, hacking and drug trafficking, his detailed history we have published earlier.

Publication date 13.12.2019
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Author: Vitalik

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