Phishing Fraud Identity Inference Based on Graph Gated Recurrent Neural Network

Abstract

Abstract Since the proposal of the blockchain, its application scenarios have been continuously expanded. However, the anonymity feature of the blockchain has hindered market regulation, leading to numerous illegal activities such as phishing fraud, which has now become a serious type of crime. Currently, most phishing fraud detection technologies on blockchain platforms use transaction data to construct basic raw transaction graphs and then use neural network methods to mine key information. This study proposes a graph gated recurrent neural network (GGRNN) model that fully integrates temporal and spatial information, effectively utilizing time-related information in the transaction graph. It first takes an account as the center node to obtain its second-order transaction data and then constructs a dynamic transaction graph (DTG). Subsequently, the DTG is fed to the GGRNN to process the temporal features in a gated recurrent unit (GRU) framework and introduce graph convolutional network (GCN) operations to fully use the node neigh-bourhood topology features, obtain the embedded representation of the graph, and then perform graph classification for phishing node detection. To verify the effectiveness of the proposed model, it was applied to real-world Ethereum transaction datasets. Numerical results show that the proposed GGRNN model significantly outperforms state-of-the-art methods.