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Hydra: Police Still Need the Password to a Seized BTC Wallet

The owner of a cryptocurrency wallet associated with Hydra Market refuses to provide police with the password, preventing investigators from establishing the wallet’s value.

A picture of Pavlov apparently gave police the wallet but not the password.

Pavlov apparently gave police the wallet but not the password.

According to Mash, a popular Telegram channel for news-related content, a court ordered the seizure of a cryptocurrency wallet owned by the alleged “co-founder” of Hydra Market, Dmitry Pavlov. Pavlov will not provide the police with the password needed to access the wallet’s contents.

The Alleged Co-Founder

Pavlov’s alleged role in the administration of Hydra remains undetermined. The United States Department of Justice indicted Pavlov in April 2022 for conspiracy to distribute narcotics and conspiracy to launder money “in connection with his operation and administration of the servers used to run Hydra.”

Statements from U.S. authorities have indicated that Pavlov provided support to the market’s administrators by hosting the servers used by the marketplace:

“Starting in or about November 2015, Pavlov is alleged to have operated a company, Promservice Ltd., also known as All Wheel Drive and 4x4host.ru, that administered Hydra’s servers (Promservice). During that time, Pavlov, through his company Promservice, administered Hydra’s servers, which allowed the market to operate as a platform used by thousands of drug dealers and other unlawful vendors to distribute large quantities of illegal drugs and other illicit goods and services to thousands of buyers, and to launder billions of dollars derived from these unlawful transactions.”

“As an active administrator in hosting Hydra’s servers, Pavlov allegedly conspired with the other operators of Hydra to further the site’s success by providing the critical infrastructure that allowed Hydra to operate and thrive in a competitive darknet market environment. In doing so, Pavlov is alleged to have facilitated Hydra’s activities and allowed Hydra to reap commissions worth millions of dollars generated from the illicit sales conducted through the site.”

News reports refer to Pavlov as the co-administrator of Hydra Market despite the U.S. government’s reports accusing Pavlov of being assistant to the co-administrator.

Hundreds of Millions of Dollars in Bitcoin

Per the report from Mash, investigators believe the wallet contains “hundreds of millions of dollars in bitcoins.”

“Taking into account the turnover of the darknet and the percentage, which the stores paid to the administration, the wallet may be quite rich. The exact amount cannot be established yet - Pavlov refuses to give access.”

A picture of Hydra.

Hydra.

At least 5.2 billion dollars worth of cryptocurrency has passed through Hydra’s wallets since 2016.

Seized Servers

The investigation into Pavlov is likely related to the seizure of servers used by Hydra Market in Germany. In April 2022, Germany’s Federal Criminal Police Office (BKA) seized servers allegedly used by Hydra Market. They also confiscated Bitcoins worth $25,186,840 (23 million euros). According to the announcement, the seized Bitcoins are “attributed” to the market.

A picture of In April 2022, the BKA seized servers allegedly used by Hydra Market.

In April 2022, the BKA seized servers allegedly used by Hydra Market.

German law enforcement announced that Hydra’s “previously unknown operators and administrators” are under investigation for operating a criminal platform on the internet, enabling the trade of illegal narcotics, and money laundering.

However, at the time, a spokesperson for the Central Office for Combating Internet Crime (ZIT) of the Frankfurt Public Prosecutor’s Office said that investigators had not yet identified any suspects in the case.

U.S. Sanctions

After the BKA’s server seizure, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) pointlessly sanctioned Hydra Market.

“The global threat of cybercrime and ransomware that originates in Russia, and the ability of criminal leaders to operate there with impunity, is deeply concerning to the United States,” said Secretary of the Treasury Janet L. Yellen. “Our actions send a message today to criminals that you cannot hide on the darknet or their forums, and you cannot hide in Russia or anywhere else in the world. In coordination with allies and partners, like Germany and Estonia, we will continue to disrupt these networks.”

Government officials and Twitter users called for endless sanctions against Russia around the time the Treasury sanctioned Hydra, which could offer a plausible explanation for the sanction’s purpose.

At the same time, the Department of Justice indicted Pavlov for his role as “an active administrator in hosting Hydra’s servers.” If he is interacting with Russian investigators in some way, Pavlov likely resides in Russia. As long as he stays in Russia, he will not need to worry about spending time in a U.S. prison.

The U.S. only manages to ensnare Russians after they cross a border into a state that functions as a U.S. proxy. In those cases, the U.S. issues an international arrest warrant or orders that another country’s law enforcement agencies arrest the victim. Since the U.S. announced Pavlov’s indictment without having him in their possession, I suspect they do not expect to prosecute him on U.S. soil.

Chronopay

On March 10, Russian law enforcement arrested the founder of the payment service company Chronopay, Pavel Vrublevsky. Vrublevsky and three co-conspirators allegedly defrauded hundreds of thousands of people through forms of fraud.

A picture of Pavel Vrublevsky

Pavel Vrublevsky

Vrublevsky allegedly created the shitcoin Inferno Pay. According to a report from the media outlet Kommersant, Vrublevsky allegedly “provided cash-out services” to Hydra. His fraud charges are unrelated to the alleged connection to Hydra. I have not been able to find any updates about Vrublevsky’s case.

Comments
Do you really want to comment here? not rules
c7270e17
2a55ef80 Tue, May 31, 2022

ICuckforJoeRogan1234$

assuming no one tried this?

55121cbd
d97ce2a0 Tue, May 31, 2022

they never change to monero?

37627133
c9d84840 Tue, May 31, 2022

Glad to see this rather then an impossible suicide like alphabay.
Its only a matter of time before hydra pops back up..
These guys are in it for the long haul..

73760a3a
5ba79810 Tue, May 31, 2022

Smart enough to make hundreds of millions of dollars, smart enough not hand over the password, which is refreshing but stupid enough to play jail cover for Hydra by hosting those servers, guess he was seeing $$$ instead of lll.

d0e41fe6
5d6e0ac0 Tue, May 31, 2022

can someone explain to me how Hydra got seized and meanwhile Versus was just skidding along like some shitty old log for 3 years before finally hurtling down the porcelain waterfall, into the shit abyss for eternity…?

36c1e4bd
b6a0a6a0 Tue, May 31, 2022

Yeah I would like to know this as well.

e172deda
5b5ea8c0 Sat, Jun 4, 2022

Hydra is Russian. They didn’t want the Russian gov using Hydra to step up money laundering options to circumvent sanctions so they cut off that revenue stream.

Meanwhile, keeping Versus open and compromised suited their purposes. It allowed them to monitor all the top dnm vendors, figure out who they are through time correlation attacks on their vendor wallet withdraws and pick them off one by one.

3efb72db
9db05fa0 Tue, May 31, 2022

Some of you people have disgusting degenerate shit on your minds all the time. Over-exposure to pornography. How does literally everything make you think of some disgusting “sex” related act?

93dcdef7
195ef8a0 Tue, May 31, 2022

**Any exposure to pornography is over-exposure to pornography

d15b4576
8edbb470 Sat, Jun 4, 2022

Stop projecting. You’re making it too obvious.

e49cee25
94dc9040 Sun, Jun 5, 2022

of course DNL is a MormonJesus type …but how do you make new Mormons for your spirit worlds? I mean we can’t ALL be worthy enough to jam into Xenu’s interstellar spaceplane DC-8 love tubes

268cc890
525dfd90 Tue, May 31, 2022

Yes, that’s probably why they busted old boy in this article, selling servers to just about anybody and was probably selling air time to chomos unfortunately and that’s what got probably got him the heat in the first plate , it is no doubt true evil is present on the DN also, the DN is just a machine, it’s the people who use it that are the real “cowboys…” fuck chomos
————
FBI Most Wanted:

  1. Terrorists (even though their using legally purchased ARs and Glcoks these days with no switches…)
  2. Chomos
  3. Fentanyl dealers
  4. King Pin Dealers
  5. Carders
  6. Mexicans and Blacks

9c994240
8608f390 Sun, Jun 5, 2022

^ nahhhh u forgetting dun k affect lower class whites form suburbia who don’t understand how generational wealth retention actually works

buuut muh Nissan Altama!

d3aec894
98897b80 Tue, May 31, 2022

and I’m sorry DNL, it’s part of your job dude, you’re a good man, they have to deal with the same thing on all major social media websites too bro, lots of people have that job and go crazy, so just don’t go crazy dnl, we need you out here bud, keep that stick on the ice bro <3

56fb881a
0d586ea0 Sun, Jun 5, 2022

^ DNL is employed? (x) Doubt

de3cd6eb
9e7b2150 Tue, May 31, 2022

Have you ever considered retirement man, like digitally signing off the dnl torch to somebody kind of HB did to Paris, I don’t understand how success is not equal to vacation man, I mean maybe you’re not a fan of the beach, I remember you mentioned that once

e89844d6
6e04dc40 Tue, May 31, 2022

Some #1 kind of thinking haha, you are not alone…

263639ab
aa033b50 Tue, May 31, 2022

niggaz prolly be like five vato

f1f5dc58
31022430 Tue, May 31, 2022

  1. hackers

7a4da39a
159d91b0 Wed, Jun 1, 2022

someone/anyone from the us govt care to give us a good reason for burning several days/weeks of manpower, thousands of taxpayer dollars, whatever other multitude of resources were exhausted all on this fucking fallacious indictment of a man who is not a citizen nor committing any of the alleged offenses against, or involving those who are? All you chimps that keep voting republican and/or democrat can take a bow, too… morons!

12ddd342
f59261f0 Thu, Jun 2, 2022

“Federally Indictment” = “Nigger”

da3c6a40
03098930 Sun, Jun 5, 2022

^ because it makes money for the class of people that matter? duh

f1855f4f
70984310 Mon, Jun 6, 2022

What I don’t get, the guys were Russian, the servers in Germany, why the fuck a US court gives the sentences?

48209409
ad54c100 Mon, Jun 6, 2022

I know this might hurt your feels, but the world is a business and you are clearly not a part of it

2db000a1
200ec170 Wed, Jun 8, 2022

FUCK US

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