Brown Bag and MFE Practitioner Seminars

From 12pm to 1pm, UNIL – Extranef Building

Brown Bag Seminars at the Swiss Finance Institute @ EPFL serve as a presentation platform for PhD students, faculty members, and visitors.

If you would like to present, please contact Semyon Malamud at

On the other hand practitioners are invited to deliver presentations about their experiences, introduce their companies and describe potential internship opportunities (for MFE students), are invited students, post-docs, staff, and professors.

The Anatomy of a Cryptocurrency Pump-and-Dump Scheme

While pump-and-dump (P&D) schemes have attracted the attention of cryptocurrency observers and regulators alike, this paper is the first detailed study of P&D activities in cryptocurrency markets. We present a case study of a recent P&D event, investigate 220 P&D activities organized in Telegram channels from July 21, 2018 to November 18, 2018, and discover patterns in crypto-markets associated with P&D schemes. We then build a model that predicts the pump likelihood of all coins listed in an crypto-exchange prior to a pump. The model exhibits high precision as well as robustness, and can be used to create a simple, yet very effective trading strategy, which we empirically demonstrate can generate a return as high as 80% on small retail investment within a span of three weeks.

By: Java XU, PhD Candidate at Harvard Graduate School of Arts and Sciences and Institute of Insurance Economics I.VW-HSG