Financial Crimes in Fintech: An Evidence from Cryptocurrency Market

This research delves into the intersection of fintech and financial crimes, specifically focusing on the cryptocurrency market represented by the CCi30 index. Employing various models, the study unveils the dynamics of returns, emphasizing the persistence of volatility and the significance of past squared residuals and generalized autoregressive conditional heteroskedasticity (GARCH) effects. Correlation and regression analyses uncover relationships between CCi30 returns and hacking-related variables, providing valuable insights for policymakers and industry stakeholders to navigate risks in the rapidly evolving landscape of financial technology.