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…
Front Running
What Is Front Running in Crypto Trading?
Front running in crypto trading refers to using privileged information or advanced trading tools to gain an unfair advantage in the market. For example, suppose a trader has access to information about a large buy order that is about to be placed on a crypto exchange. They may use that information to buy the same cryptocurrency at a lower price before the large buy order is executed to sell it at a higher price after the order is filled. This…
Block Education
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