The host at this IP address is obviously operated by cybercriminals. It is running a malware botnet controller which is being used to control infected computers (bots) around the globe using a trojan horse.
Malware botnet controller located at 40.85.86.188 on port 37313 TCP:
$ telnet 40.85.86.188 37313
Trying 40.85.86.188…
Connected to 40.85.86.188.
Escape character is ‘^]’
Referencing malware samples:
MD5 29805cb77711c2d3ce8f364ade7996d6