An examination of the cryptocurrency pump-and-dump ecosystem

作者：

Highlights：

• We gather the most comprehensive dataset on cryptocurrency pump and dump schemes.

• Pumped coins experience a modest price increase, but it is higher for less popular coins.

• Brazen pumps are more “successful” than those obscuring their corrupt intent.

• High concentration among pump channels creates opportunity for regulators.

摘要

•We gather the most comprehensive dataset on cryptocurrency pump and dump schemes.•Pumped coins experience a modest price increase, but it is higher for less popular coins.•Brazen pumps are more “successful” than those obscuring their corrupt intent.•High concentration among pump channels creates opportunity for regulators.

论文关键词：Cryptocurrency,Price manipulation,Cybercrime measurement

论文评审过程：Received 24 June 2020, Revised 5 January 2021, Accepted 8 January 2021, Available online 6 March 2021, Version of Record 6 March 2021.

论文官网地址：https://doi.org/10.1016/j.ipm.2021.102506