The economics of financial scams: Evidence from Initial Coin Offerings
We examine the economics of financial scams by analyzing the market for initial coin offerings (ICOs). Using data snapshots of 5,873 ICOs, we find that irregularities in ICO characteristics across listing websites predict higher scam risk and are likely intentional. These patterns are consistent wit...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2023
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/7439 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8438/viewcontent/SSRN_id4064453.pdf |
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| Institution: | Singapore Management University |
| Language: | English |