Inside Alameda Research: A Multi-token Network Analysis

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

We analyze the token transfer network on Ethereum, focusing on accounts associated with Alameda Research, a cryptocurrency trading firm implicated in the misuse of FTX customer funds. Using a multi-token network representation, we examine node centralities and the network backbone to identify critical accounts, tokens, and activity groups. The temporal evolution of Alameda accounts reveals shifts in token accumulation and distribution patterns leading up to its bankruptcy in November 2022. Through network analysis, our work offers insights into the activities and dynamics that shape the DeFi ecosystem.

Original languageEnglish
Title of host publicationComplex Networks and Their Applications XIII - Proceedings of The 13th International Conference on Complex Networks and Their Applications
Subtitle of host publicationCOMPLEX NETWORKS 2024 - Volume 2
EditorsHocine Cherifi, Murat Donduran, Luis M. Rocha, Chantal Cherifi, Onur Varol
PublisherSpringer Science and Business Media Deutschland GmbH
Pages200-212
Number of pages13
ISBN (Print)9783031824302
DOIs
Publication statusPublished - 1 Jan 2025
Event13th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2024 - Istanbul, Turkey
Duration: 10 Dec 202412 Dec 2024

Publication series

NameStudies in Computational Intelligence
Volume1188 SCI
ISSN (Print)1860-949X
ISSN (Electronic)1860-9503

Conference

Conference13th International Conference on Complex Networks and their Applications, COMPLEX NETWORKS 2024
Country/TerritoryTurkey
CityIstanbul
Period10/12/2412/12/24

Keywords

  • Ethereum
  • blockchain data
  • cryptocurrency
  • decentralized finance
  • transaction network

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