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We study the deployment performance of machine learning based enforcement systems used in cryptocurrency anti money laundering (AML). Using forward looking and rolling evaluations on Bitcoin transaction data, we show that strong static…

Machine Learning · Computer Science 2026-04-27 Khem Raj Bhatt , Krishna Sharma

Recently, blockchain technology has become a topic in the spotlight but also a hotbed of various cybercrimes. Among them, phishing scams on blockchain have been found making a notable amount of money, thus emerging as a serious threat to…

Social and Information Networks · Computer Science 2021-01-01 Jiajing Wu , Qi Yuan , Dan Lin , Wei You , Weili Chen , Chuan Chen , Zibin Zheng

As Law Enforcement Agencies advance in cryptocurrency forensics, criminal actors aiming to conceal illicit fund movements increasingly turn to "mixin" services or privacy-based cryptocurrencies. Monero stands out as a leading choice due to…

Cryptography and Security · Computer Science 2025-11-21 Andrea Venturi , Imanol Jerico-Yoldi , Francesco Zola , Raul Orduna

Different types of malicious activities have been flagged in multiple permissionless blockchains such as bitcoin, Ethereum etc. While some malicious activities exploit vulnerabilities in the infrastructure of the blockchain, some target its…

Cryptography and Security · Computer Science 2021-01-29 Rachit Agarwal , Tanmay Thapliyal , Sandeep K. Shukla

Financial fraud cases are on the rise even with the current technological advancements. Due to the lack of inter-organization synergy and because of privacy concerns, authentic financial transaction data is rarely available. On the other…

We present, GEM, the first heterogeneous graph neural network approach for detecting malicious accounts at Alipay, one of the world's leading mobile cashless payment platform. Our approach, inspired from a connected subgraph approach,…

Machine Learning · Computer Science 2020-02-28 Ziqi Liu , Chaochao Chen , Xinxing Yang , Jun Zhou , Xiaolong Li , Le Song

A novel network-based approach is introduced to analyze banking systems, focusing on two main themes: identifying influential nodes within global banking networks using Bank for International Settlements data and developing an algorithm to…

Social and Information Networks · Computer Science 2025-03-12 Anthony Bonato , Juan Chavez Palan , Adam Szava

Motivated by the recent surge of criminal activities with cross-cryptocurrency trades, we introduce a new topological perspective to structural anomaly detection in dynamic multilayer networks. We postulate that anomalies in the underlying…

Cryptography and Security · Computer Science 2021-07-08 Dorcas Ofori-Boateng , Ignacio Segovia Dominguez , Murat Kantarcioglu , Cuneyt G. Akcora , Yulia R. Gel

Blockchain technology has the characteristics of decentralization, traceability and tamper proof, which creates a reliable decentralized transaction mode, further accelerating the development of the blockchain platforms. However, with the…

Cryptography and Security · Computer Science 2021-12-08 Jiajun Zhou , Chenkai Hu , Shenbo Gong , Jiaying Xu , Jie Shen , Qi Xuan

As the use of Blockchain for digital payments continues to rise in popularity, it also becomes susceptible to various malicious attacks. Successfully detecting anomalies within Blockchain transactions is essential for bolstering trust in…

Machine Learning · Computer Science 2024-01-09 Mohammad Hasan , Mohammad Shahriar Rahman , Helge Janicke , Iqbal H. Sarker

Anti-money laundering (AML) transaction monitoring generates large volumes of alerts that must be rapidly triaged by investigators under strict audit and governance constraints. While large language models (LLMs) can summarize heterogeneous…

Artificial Intelligence · Computer Science 2026-04-23 Dorothy Torres , Wei Cheng , Ke Hu

Blockchain technology has the characteristics of decentralization, traceability and tamper-proof, which creates a reliable decentralized trust mechanism, further accelerating the development of blockchain finance. However, the anonymization…

Social and Information Networks · Computer Science 2022-11-01 Jiajun Zhou , Chenkai Hu , Jianlei Chi , Jiajing Wu , Meng Shen , Qi Xuan

The decentralization, redundancy, and pseudo-anonymity features have made permission-less public blockchain platforms attractive for adoption as technology platforms for cryptocurrencies. However, such adoption has enabled cybercriminals to…

Cryptography and Security · Computer Science 2021-08-27 Banwari Lal , Rachit Agarwal , Sandeep Kumar Shukla

Graph-based patterns are extensively employed and favored by practitioners within industrial companies due to their capacity to represent the behavioral attributes and topological relationships among users, thereby offering enhanced…

Machine Learning · Computer Science 2024-11-12 Sheng Tian , Xintan Zeng , Yifei Hu , Baokun Wang , Yongchao Liu , Yue Jin , Changhua Meng , Chuntao Hong , Tianyi Zhang , Weiqiang Wang

With the rapid growth of financial services, fraud detection has been a very important problem to guarantee a healthy environment for both users and providers. Conventional solutions for fraud detection mainly use some rule-based methods or…

Social and Information Networks · Computer Science 2020-03-05 Daixin Wang , Jianbin Lin , Peng Cui , Quanhui Jia , Zhen Wang , Yanming Fang , Quan Yu , Jun Zhou , Shuang Yang , Yuan Qi

While transactions with cryptocurrencies such as Ethereum are becoming more prevalent, fraud and other criminal transactions are not uncommon. Graph analysis algorithms and machine learning techniques detect suspicious transactions that…

Machine Learning · Computer Science 2022-07-05 Hiroki Kanezashi , Toyotaro Suzumura , Xin Liu , Takahiro Hirofuchi

We address a largely open problem of multilabel classification over graphs. Unlike traditional vector input, a graph has rich variable-size substructures which are related to the labels in some ways. We believe that uncovering these…

Machine Learning · Computer Science 2018-04-12 Kien Do , Truyen Tran , Thin Nguyen , Svetha Venkatesh

Blockchain has widespread applications in the financial field but has also attracted increasing cybercrimes. Recently, phishing fraud has emerged as a major threat to blockchain security, calling for the development of effective regulatory…

Social and Information Networks · Computer Science 2022-04-19 Panpan Li , Yunyi Xie , Xinyao Xu , Jiajun Zhou , Qi Xuan

Applications of blockchain technologies got a lot of attention in recent years. They exceed beyond exchanging value and being a substitute for fiat money and traditional banking system. Nevertheless, being able to exchange value on a…

Cryptography and Security · Computer Science 2019-08-22 Michal Ostapowicz , Kamil Żbikowski

Rapid and massive adoption of mobile/ online payment services has brought new challenges to the service providers as well as regulators in safeguarding the proper uses such services/ systems. In this paper, we leverage recent advances in…

Social and Information Networks · Computer Science 2019-06-14 Da Sun Handason Tam , Wing Cheong Lau , Bin Hu , Qiu Fang Ying , Dah Ming Chiu , Hong Liu