TRM Talks Hydra Takedown: A discussion with experts from U.S. Treasury, Flashpoint and TRM Labs

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TRM Talks Hydra Takedown: A discussion with experts from U.S. Treasury, Flashpoint and TRM Labs

April 6, 2022

Yesterday, we saw a series of calculated and coordinated actions leading to the takedown of Hydra, the world's largest and longest running darknet market. In 2021, Hydra accounted for an estimated 80% of all darknet market-related cryptocurrency transactions, and since 2015, the marketplace has received approximately $5.2 billion in cryptocurrency.

In the wake of these actions, a panel of subject matter experts join TRM Talks to discuss the Hydra takedown, the Garantex designation, and the global strategy to investigate and take action against the illicit underbelly of the cryptocurrency ecosystem. Watch the talk to hear insights from:

  • Todd Conklin, Counselor to the Deputy Secretary, U.S. Treasury
  • Vladislav Cuiujuclu, Team Lead Global Intel, Flashpoint
  • Roman Y. Sannikov, Head of Cyberthreat Intelligence, TRM Labs
  • Kyle Armstrong, Director of Law Enforcement Relations, TRM Labs

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