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…
Washington
Tech Experts Urge Washington to be More Skeptical of Crypto Industry’s Lobbying Efforts
The newly-founded “global community of technologists” has sent a letter to US Congress advocating skepticism of the crypto industry. The group – featuring 26 computer scientists and academics – combats the positive spin put forth by cryptocurrency lobbyists thus far. No Real Benefits Thursday’s letter – directed toward House and Senate Leaders alike – argues that crypto assets are not “unreservedly good”. It calls for the creation of a regulatory “safe haven” from so-called “risky, flawed, and unproven digital financial…
8 months ago 
745 views
Cardano Founder Lobbies for Favorable Laws in Washington
Cardano Founder Charles Hoskinson has shared details of a week-long trip to Washington D.C, where he met with US lawmakers to discuss crypto-related policies. In a Youtube video, Hoskinson related his conversations which he says are another step towards changing how regulatory entities view the crypto industry. Crypto Policies in Need of Major Work Charles Hoskinson has reportedly spent the past few days mulling over the best course for regulation. In fairness, Hoskinson has always pushed clarity in government interactions…
8 months ago 2.9 k views
Washington Signs Blockchain Work Group Bill into Law
On Wednesday, Washington state Governor Jay Inslee signed off on a new crypto-positive law. The law details plans to see blockchain technology further incorporated into the state’s financial sector. Open to New Developments The bill first appeared before the senate in 2019 when Republican Senator Sharon Brown submitted the original proposal. Supported by the WTIA, the proposal was crafted to help establish Washington as a significant leader in blockchain tech. In the past years, WTIA and Senator Sharon remain the…
10 months ago 851 views