Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Crypto Put Options
What Is Collar Strategy In Crypto Trading?
A collar crypto trading strategy is a risk management strategy that involves purchasing a put option and selling a call option simultaneously. The put option gives the trader the right to sell their crypto asset at a certain price (strike price), while the call option gives another trader the right to buy the asset at a higher price. The goal of this strategy is to limit the potential loss of the trader while also limiting the potential gain. This is…
2 weeks ago 54 views
What Are Crypto Put Options?
A put option is a financial contract that gives the holder the right, but not the obligation, to sell an underlying asset at a specified price (strike price) within a certain period. In the context of cryptocurrencies, a crypto put option is a contract that gives the holder the right to sell a specific amount of a cryptocurrency at a specified price within a certain period. The holder of a crypto put option can exercise their right to sell the…
2 weeks ago 23 views