Manipulation of the Bitcoin market: an agent-based study

Fraudulent actions of a trader or a group of traders can cause substantial disturbance to the market, both directly influencing the price of an asset or indirectly by misinforming other market participants. Such behavior can be a source of systemic risk and increasing distrust for the market participants, consequences that call for viable...

Computational Discovery of Transaction-Based Financial Crime via Grammatical Evolution: The Case of Ponzi Schemes

The financial sector continues to experience wide digitalization; the resulting transactional activity creates large amounts of data, in principle enabling public and private actors to better understand the social domain they operate on, possibly facilitating the design of interventions to reduce illegal activity. However, the adversarial nature...

A Compression and Simulation-Based Approach to Fraud Discovery

With the uptake of digital services in public and private sectors, the formalization of laws is attracting increasing attention. Yet, non-compliant fraudulent behaviours (money laundering, tax evasion, etc.) - practical realizations of violations of law - remain very difficult to formalize, as one does not know the exact formal rules that define...