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…
Synthetic Assets
What are Synth Tokens?
A Synth token is a token built on top of Ethereum and other blockchains and represents a synthetic asset. Synths are digital assets pegged to a real-world asset's value, such as a currency, commodity, or stock. The value of a Synth token is determined by an algorithm that considers the underlying asset's price and other factors, such as supply and demand. The algorithm is designed to keep the value of the Synth token as close as possible to the value…
Block Education 
@BlockEducation
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