SpringerBriefs in Finance

This book explores financial crime and corruption in Romanian society based on a community pulse study. It examines the main behavioral patterns of Romanian society in relation to financial crime variables such as tax compliance, tax morale, corruption in public institutions, and money laundering. The authors also investigate how various demographic aspects (e.g., age, gender, region, professional status, education, etc.) are associated with financial crime. The results of the enclosed survey help policy makers consider best practices in financial governance to reduce the level of financial crime in the region.

The book offers an overview of the main financial and operational risks in cryptocurrency markets and Decentralized Finance. It outlines the role of stablecoins, crypto-investment products, and multi-function ecosystems, highlighting vulnerabilities linked to reserves, leverage, and protocol interdependencies. The book distinguishes traditional risks from those rooted in smart-contract logic, oracle manipulation, governance failures, and cross-chain bridges. An empirical section analyzes attack frequency, stolen amounts, and evolving exploit techniques, showing a shift toward complex schemes using flash loans and oracle distortions. The book also examines mixers and presents the Ronin case. The final chapters discuss technical and governance measures to mitigate risks and provide regulatory recommendations.