A Hybrid Multi-Agent System for Early Scam Detection in Crypto-Assets

The rapid expansion of crypto-asset markets and the introduction of the Markets in Crypto-Assets Regulation (MiCAR) pose novel supervisory challenges. Existing blockchain intelligence platforms focus predominantly on on-chain surveillance, leaving gaps in off-chain documentary due diligence automation. This paper presents a Multi-Agent System (MAS) integrating Large Language Model (LLM) capabilities with rule-based compliance frameworks. The architecture comprises seven specialized agents: a Coordinator Agent for orchestration; data acquisition agents (Searcher, Crawler); three parallel analytical agents—Heuristic Agent (LLM-powered qualitative risk assessment), Compliance Agent (hybrid-AI MiCAR asset classification and regulatory requirement verification), and On-Chain Agent (machine learning-based fraud detection); and a Reconciliator Agent synthesizing findings into unified alerts. Component-level empirical validation on 150 projects indicates 95% output reproducibility (identical alert tier and score deviation ≤0.05 across five reruns) and 210 s mean latency, providing proof-of-concept evidence for the integrated pipeline. A pilot user evaluation (six researchers/master students and two experts from regulatory authorities) provides preliminary usability evidence and surfaces domain-specific feedback from regulatory-authority experts. The architecture advances proactive regulatory technology by enabling scalable analysis combining off-chain documentary evidence with on-chain forensics.