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…
XLM
What is Stellar (XLM) and How Does it Work?
Stellar (XLM) is a decentralized, open-source blockchain network that enables fast, low-cost international money transfers. The network connects banks, payment systems, and people, allowing for cross-border transactions with minimal fees. Transactions on the Stellar network are processed and confirmed within a few seconds, and the network can handle many transactions per second. Stellar uses a consensus algorithm called the Stellar Consensus Protocol (SCP), which allows for decentralized network control while still providing high security and reliability. Users can hold and…
Block Education
@BlockEducation
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