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 40.124.50.181 on port 3214 TCP:
$ telnet 40.124.50.181 3214
Trying 40.124.50.181…
Connected to 40.124.50.181.
Escape character is ‘^]’
$ dig +short redcompo.hopto.org
40.124.50.181
Referencing malware samples (MD5 hash):
73613d6fc930ddbd244b512eed895dac — AV detection: 37 / 70 (52.86%)
8175324da370d372ffd488349e2c9a63 — AV detection: 3 / 70 (4.29%)