EGAGN: Generative Adversarial Graph Networks for Ethereum Phishing Scams Detection

Abstract

In recent years, phishing scams have seriously threatened Ethereum's ecological security and caused massive economic losses. Moreover, the significant disparity between the number of normal addresses and phishing addresses on Ethereum poses a challenge for detecting phishing scams. Existing studies primarily employ methods such as oversampling, filtering rules, and traditional machine learning models to resolve the Ethereum data imbalance problem. However, these methods disregard topological structure features of the transaction network and the link relationship between nodes. In this paper, we propose an Ethereum phishing scams detection model based on Generative Adversarial Graph Networks called EGAGN to alleviate imbalanced data, enhance node representation, and then improve detection performance. Specifically, the graph generator and discriminator play with each other to generate synthetic nodes that satisfy the real nodes distribution to balance Ethereum data and extract effective network structural features. We further extract statistical features from the transaction network and aggregate transaction records based on time series to obtain trading features. The complete representation of nodes is composed of the above three types of features to detect phishing nodes. Experimental results on the real-world Ethereum dataset show that EGAGN outperforms existing models and is far ahead in recall, which indicates that our model can effectively detect Ethereum phishing scams.