As a CFA-certified crypto analyst, I dissect the Moscow court's landmark ruling against Hydra's founder Stanislav Moiseev - sentenced to life for operating history's largest darknet market. Through blockchain forensics and court documents, we'll examine how this $5.2B operation dominated 80% of illicit crypto transactions, why Russian authorities took 7 years to dismantle it, and what the sentencing reveals about global crypto regulation trends. Spoiler: Excel spreadsheets were definitely involved in tracking those 19,000 vendor accounts.