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…
Open network
What is a Public Blockchain?
A public blockchain is a decentralized and distributed digital ledger open to anyone. This means that anyone can view, participate in, and validate transactions on the network and create and deploy smart contracts. Transactions are grouped into blocks, which are then added to the chain in a linear, chronological order, creating an unchangeable record of all transactions on the network. The network is maintained by a network of users rather than a central authority and is secured through consensus mechanisms…
Block Education
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