Blockchain technology has emerged as a revolutionary distributed ledger system with the potential to transform various industries, including finance, supply chain, healthcare, and more. However, the decentralized nature of blockchain introduces unique challenges in terms of fraud detection and prevention. This abstract provides an overview of the current state of research and technologies related to fraud detection in blockchain technology-based systems. The paper begins by discussing the fundamental characteristics of blockchain, highlighting its immutability, transparency, and decentralization. These characteristics provide a promising foundation for ensuring data integrity and security but also pose significant challenges in detecting and mitigating fraudulent activities. Next, the paper explores various types of fraud that can occur in blockchain systems, such as double-spending, Sybil attacks, 51% attacks, smart contract vulnerabilities, and identity theft. Each type of fraud is explained along with its potential impact on the integrity and reliability of blockchain systems. To address these challenges, the paper presents an overview of existing fraud detection techniques in blockchain systems. These techniques encompass a range of approaches, including anomaly detection, machine learning algorithms, consensus mechanisms, cryptographic techniques, and forensic analysis. The strengths and limitations of each technique are discussed to provide a comprehensive understanding of their applicability in different scenarios. Furthermore, the paper highlights emerging trends in fraud detection research within the blockchain domain. These trends include the integration of artificial intelligence and blockchain technology, the use of decentralized and federated machine learning approaches, the development of privacy-preserving fraud detection mechanisms, and the utilization of data analytics and visualization techniques for improved detection and investigation. The paper concludes by emphasizing the importance of continuous research and development in fraud detection for blockchain technology-based systems. As blockchain adoption expands across industries, it is crucial to enhance the security and trustworthiness of these systems by effectively detecting and preventing fraud. Future directions for research and potential challenges are also discussed, encouraging further exploration in this vital area of study.