理解小伎俩:对欺诈性NFT创造者的深入行为分析

IF 2.6 4区计算机科学 Q2 COMPUTER SCIENCE, INFORMATION SYSTEMS

ACM Transactions on the Web Pub Date : 2023-10-11 DOI:10.1145/3623376

Trishie Sharma, Rachit Agarwal, Sandeep Kumar Shukla

{"title":"理解小伎俩:对欺诈性NFT创造者的深入行为分析","authors":"Trishie Sharma, Rachit Agarwal, Sandeep Kumar Shukla","doi":"10.1145/3623376","DOIUrl":null,"url":null,"abstract":"The explosive growth of non-fungible tokens (NFTs) on Web3 has created a new frontier for digital art and collectibles and an emerging space for fraudulent activities. This study provides an in-depth analysis of NFT rug pulls, the fraudulent schemes that steal investors’ funds. From a curated dataset of 760 rug pulls across 10 NFT marketplaces, we examine these schemes’ structural and behavioral properties, identify the characteristics and motivations of rug pullers, and classify NFT projects into 20 groups based on creators’ association with their accounts. Our findings reveal that repeated rug pulls account for a significant proportion of the rise in NFT-related cryptocurrency crimes, with one NFT creator attempting 37 rug pulls within 3 months. Additionally, we identify the largest group of creators influencing the majority of rug pulls and demonstrate the connection between rug pullers of different NFT projects using the same wallets to store and move money. Our study contributes to understanding NFT market risks and provides insights for designing preventative strategies to mitigate future losses.","PeriodicalId":50940,"journal":{"name":"ACM Transactions on the Web","volume":null,"pages":null},"PeriodicalIF":2.6000,"publicationDate":"2023-10-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"UNDERSTANDING RUG PULLS: AN IN-DEPTH BEHAVIORAL ANALYSIS OF FRAUDULENT NFT CREATORS\",\"authors\":\"Trishie Sharma, Rachit Agarwal, Sandeep Kumar Shukla\",\"doi\":\"10.1145/3623376\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"The explosive growth of non-fungible tokens (NFTs) on Web3 has created a new frontier for digital art and collectibles and an emerging space for fraudulent activities. This study provides an in-depth analysis of NFT rug pulls, the fraudulent schemes that steal investors’ funds. From a curated dataset of 760 rug pulls across 10 NFT marketplaces, we examine these schemes’ structural and behavioral properties, identify the characteristics and motivations of rug pullers, and classify NFT projects into 20 groups based on creators’ association with their accounts. Our findings reveal that repeated rug pulls account for a significant proportion of the rise in NFT-related cryptocurrency crimes, with one NFT creator attempting 37 rug pulls within 3 months. Additionally, we identify the largest group of creators influencing the majority of rug pulls and demonstrate the connection between rug pullers of different NFT projects using the same wallets to store and move money. Our study contributes to understanding NFT market risks and provides insights for designing preventative strategies to mitigate future losses.\",\"PeriodicalId\":50940,\"journal\":{\"name\":\"ACM Transactions on the Web\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.6000,\"publicationDate\":\"2023-10-11\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ACM Transactions on the Web\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1145/3623376\",\"RegionNum\":4,\"RegionCategory\":\"计算机科学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"COMPUTER SCIENCE, INFORMATION SYSTEMS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ACM Transactions on the Web","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1145/3623376","RegionNum":4,"RegionCategory":"计算机科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"COMPUTER SCIENCE, INFORMATION SYSTEMS","Score":null,"Total":0}

引用次数: 2

摘要

Web3上不可替代代币(nft)的爆炸式增长为数字艺术和收藏品创造了一个新的前沿，也为欺诈活动创造了一个新兴的空间。这项研究提供了一个深入的分析NFT地毯拉，欺诈计划，窃取投资者的资金。从10个NFT市场的760个拉地毯的精心整理的数据集中，我们研究了这些方案的结构和行为特性，确定了拉地毯者的特征和动机，并根据创造者与他们的账户的关联将NFT项目分为20组。我们的研究结果显示，在与NFT相关的加密货币犯罪的上升中，反复的“拉地毯”占很大比例，一名NFT创建者在3个月内尝试了37次“拉地毯”。此外，我们确定了影响大多数“地毯拉”的最大创造者群体，并展示了使用相同钱包存储和转移资金的不同NFT项目的“地毯拉”者之间的联系。我们的研究有助于理解NFT市场风险，并为设计预防策略以减轻未来损失提供见解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

UNDERSTANDING RUG PULLS: AN IN-DEPTH BEHAVIORAL ANALYSIS OF FRAUDULENT NFT CREATORS

The explosive growth of non-fungible tokens (NFTs) on Web3 has created a new frontier for digital art and collectibles and an emerging space for fraudulent activities. This study provides an in-depth analysis of NFT rug pulls, the fraudulent schemes that steal investors’ funds. From a curated dataset of 760 rug pulls across 10 NFT marketplaces, we examine these schemes’ structural and behavioral properties, identify the characteristics and motivations of rug pullers, and classify NFT projects into 20 groups based on creators’ association with their accounts. Our findings reveal that repeated rug pulls account for a significant proportion of the rise in NFT-related cryptocurrency crimes, with one NFT creator attempting 37 rug pulls within 3 months. Additionally, we identify the largest group of creators influencing the majority of rug pulls and demonstrate the connection between rug pullers of different NFT projects using the same wallets to store and move money. Our study contributes to understanding NFT market risks and provides insights for designing preventative strategies to mitigate future losses.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

ACM Transactions on the Web 工程技术-计算机：软件工程

CiteScore

4.90

自引率

0.00%

发文量

审稿时长

7.5 months

期刊介绍： Transactions on the Web (TWEB) is a journal publishing refereed articles reporting the results of research on Web content, applications, use, and related enabling technologies. Topics in the scope of TWEB include but are not limited to the following: Browsers and Web Interfaces; Electronic Commerce; Electronic Publishing; Hypertext and Hypermedia; Semantic Web; Web Engineering; Web Services; and Service-Oriented Computing XML. In addition, papers addressing the intersection of the following broader technologies with the Web are also in scope: Accessibility; Business Services Education; Knowledge Management and Representation; Mobility and pervasive computing; Performance and scalability; Recommender systems; Searching, Indexing, Classification, Retrieval and Querying, Data Mining and Analysis; Security and Privacy; and User Interfaces. Papers discussing specific Web technologies, applications, content generation and management and use are within scope. Also, papers describing novel applications of the web as well as papers on the underlying technologies are welcome.