Detecting cryptocurrency pump-and-dump frauds using market and social signals

Huy Nghiem, Goran Muric, Fred Morstatter, Emilio Ferrara

Abstract: Highlights•Fraud groups use Telegram and other social media to organize and conduct pumps.•Different pump groups exhibit different choices in selection of target coins.•Market signals are better than administrative social signals as predictive factors.•Changes in market movements could influence robustness in performance over time.