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Money laundering (ML) is the behavior to conceal the source of money achieved by illegitimate activities, and always be a fast process involving frequent and chained transactions. How can we detect ML and fraudulent activity in large scale…

Computers and Society · Computer Science 2021-03-24 Xiaobing Sun , Jiabao Zhang , Qiming Zhao , Shenghua Liu , Jinglei Chen , Ruoyu Zhuang , Huawei Shen , Xueqi Cheng

Money laundering has become one of the most relevant criminal activities in modern societies, as it causes massive financial losses for governments, banks and other institutions. Detecting such activities is among the top priorities when it…

Stablecoins such as USDT and USDC aspire to peg stability by coupling issuance controls with reserve attestations. In practice, however, transparency remains fragmented across heterogeneous data sources, with key evidence about circulation,…

Cryptography and Security · Computer Science 2026-04-02 Yuexin Xiang , Yuchen Lei , Yuanzhe Zhang , Qin Wang , Tsz Hon Yuen , Andreas Deppeler , Jiangshan Yu

Money laundering is a major global problem, enabling criminal organisations to hide their ill-gotten gains and to finance further operations. Prevention of money laundering is seen as a high priority by many governments, however detection…

Social and Information Networks · Computer Science 2016-08-03 David Savage , Qingmai Wang , Pauline Chou , Xiuzhen Zhang , Xinghuo Yu

Global illicit fund flows exceed an estimated $3.1 trillion annually, with stablecoins emerging as a preferred laundering medium due to their liquidity. While decentralized protocols increasingly adopt zero-knowledge proofs to obfuscate…

Cryptography and Security · Computer Science 2026-02-23 Luciano Juvinski , Haochen Li , Alessio Brini

Crowdfunding platforms face high transaction fees, need for more transparency, and trust deficits. These issues deter contributors and entrepreneurs from effectively leveraging crowdfunding for innovation and growth. Blockchain technology…

Computational Engineering, Finance, and Science · Computer Science 2025-01-22 Mustafa Savas Unsal

Existing truth inference methods in crowdsourcing aim to map redundant labels and items to the ground truth. They treat the ground truth as hidden variables and use statistical or deep learning-based worker behavior models to infer the…

Artificial Intelligence · Computer Science 2025-03-13 Tao Han , Huaixuan Shi , Xinyi Ding , Xiao Ma , Huamao Gu , Yili Fang

The rise of the click farm business using Multi-purpose Messaging Mobile Apps (MMMAs) tempts cybercriminals to perpetrate crowdsourcing frauds that cause financial losses to click farm workers. In this paper, we propose a novel contrastive…

Social and Information Networks · Computer Science 2024-04-05 Zequan Xu , Qihang Sun , Shaofeng Hu , Jieming Shi , Hui Li

For different factors/reasons, ranging from inherent characteristics and features providing decentralization, enhanced privacy, ease of transactions, etc., to implied external hardships in enforcing regulations, contradictions in data…

Cryptography and Security · Computer Science 2025-01-03 Dinesh Srivasthav P , Manoj Apte

Money laundering is the process where criminals use financial services to move massive amounts of illegal money to untraceable destinations and integrate them into legitimate financial systems. It is very crucial to identify such activities…

Artificial Intelligence · Computer Science 2023-02-27 Md. Rezaul Karim , Felix Hermsen , Sisay Adugna Chala , Paola de Perthuis , Avikarsha Mandal

In shaping the Internet of Money, the application of blockchain and distributed ledger technologies (DLTs) to the financial sector triggered regulatory concerns. Notably, while the user anonymity enabled in this field may safeguard privacy…

Cryptography and Security · Computer Science 2023-03-21 Nadia Pocher , Mirko Zichichi , Fabio Merizzi , Muhammad Zohaib Shafiq , Stefano Ferretti

Every year, criminals launder billions of dollars acquired from serious felonies (e.g., terrorism, drug smuggling, or human trafficking) harming countless people and economies. Cryptocurrencies, in particular, have developed as a haven for…

Machine Learning · Computer Science 2021-10-06 Joana Lorenz , Maria Inês Silva , David Aparício , João Tiago Ascensão , Pedro Bizarro

Money laundering enables organized crime by moving illicit funds into the legitimate economy. Although trillions of dollars are laundered each year, detection rates remain low because launderers evade oversight, confirmed cases are rare,…

Social and Information Networks · Computer Science 2025-09-26 Johan Östman , Edvin Callisen , Anton Chen , Kristiina Ausmees , Emanuel Gårdh , Jovan Zamac , Jolanta Goldsteine , Hugo Wefer , Simon Whelan , Markus Reimegård

The untraceability of transactions facilitated by Ethereum mixing services like Tornado Cash poses significant challenges to blockchain security and financial regulation. Existing methods for correlating mixing accounts suffer from limited…

Cryptography and Security · Computer Science 2025-05-16 Zheng Che , Taoyu Li , Meng Shen , Hanbiao Du , Liehuang Zhu

The global banking system has faced increasing challenges in combating money laundering, necessitating advanced methods for detecting suspicious transactions. Anti-money laundering (or AML) approaches have often relied on predefined…

Social and Information Networks · Computer Science 2024-09-04 Anthony Bonato , Juan Sebastian Chavez Palan , Adam Szava

Money launderers take advantage of limitations in existing detection approaches by hiding their financial footprints in a deceitful manner. They manage this by replicating transaction patterns that the monitoring systems cannot easily…

Machine Learning · Computer Science 2026-04-15 Haseeb Tariq , Alen Kaja , Marwan Hassani

Anti-money laundering (AML) regulations play a critical role in safeguarding financial systems, but bear high costs for institutions and drive financial exclusion for those on the socioeconomic and international margins. The advent of…

Social and Information Networks · Computer Science 2019-08-08 Mark Weber , Giacomo Domeniconi , Jie Chen , Daniel Karl I. Weidele , Claudio Bellei , Tom Robinson , Charles E. Leiserson

Bitcoin is by far the most popular crypto-currency solution enabling peer-to-peer payments. Despite some studies highlighting the network does not provide full anonymity, it is still being heavily used for a wide variety of dubious…

Social and Information Networks · Computer Science 2019-12-30 Yining Hu , Suranga Seneviratne , Kanchana Thilakarathna , Kensuke Fukuda , Aruna Seneviratne

Money launderers exploit the weaknesses in detection systems by purposefully placing their ill-gotten money into multiple accounts, at different banks. That money is then layered and moved around among mule accounts to obscure the origin…

Machine Learning · Computer Science 2025-01-03 Haseeb Tariq , Marwan Hassani

Technological advancements in cryptocurrency markets have increased accessibility for investors, but concurrently exposed them to the risks of market manipulations. Existing fraud detection mechanisms typically rely on machine learning…

Machine Learning · Computer Science 2026-04-28 Lidia Losavio , Luca Persia , Madan Sathe , Dimosthenis Pasadakis
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