Elliptic partners with Justice Department to combat West. October 13th, 2026 Elliptic partners with the Justice Department to tackle West African scams. This collaboration could reshape fraud prevention efforts in crypto. Quick take. Summary is AI generated, newsroom reviewed. * Elliptic collaborates with the Justice Department to combat scams. * 28 arrests made during the first Joint Disruption Week in Africa. * Identified $11 million in potentially freezable funds linked to scams. Sponsored: BiggerZ - BiggerZ: Crypto Casino, Sportsbook, Predictions & More Play Now Elliptic has been named among the private industry partners in the Justice Department's Joint Disruption Week: Africa, targeting West African scam networks. This initiative, involving collaboration with the NCA UK, resulted in 28 arrests and the identification of $11 million in potentially freezable funds. Such actions signal a significant effort in combating crypto-related fraud, as outlined in Elliptic's tweet here. Inside the move. The broader crypto market continues to display mixed signals, with various assets reacting differently to recent news. Elliptic's involvement in this initiative highlights their commitment to addressing financial crime, particularly as scam operations shift from Southeast Asia to Africa. Their intelligence efforts are pivotal in linking scam wallets to exchange accounts, illuminating pathways for potential recovery of lost funds. This development underscores the importance of regulatory partnerships in enhancing customer protection measures across the sector. What Coinfomania know. * Elliptic collaborates with the Justice Department as a private sector partner in Joint Disruption Week. The initiative aims to disrupt West African scam networks. 28 arrests were made during the operation. $11 million in funds identified as potentially freezable. The collaboration could enhance fraud prevention strategies in crypto. Market snapshot. Currently, the crypto market is experiencing a period of uncertainty, with no significant price movements reported. The focus is on regulatory actions and partnerships like the one between Elliptic and the Justice Department. As these developments unfold, they may influence broader market sentiment and trader behavior moving forward, particularly in how scams are addressed and managed within the industry. Elliptic is a blockchain analytics firm that specializes in helping law enforcement and businesses track and combat cryptocurrency-related financial crime. The Justice Department has jurisdiction over financial crimes, making this collaboration crucial for tackling the rapidly evolving scam networks emerging in the crypto space. The road ahead. Traders should keep an eye on the implications of this partnership, particularly as more regulatory actions could emerge from the Justice Department. The identification of scam networks and the potential freezing of funds may lead to increased scrutiny in the crypto markets. As such, participants should remain vigilant for any further developments that could impact market dynamics and regulatory compliance.

Elliptic wants every cop to read a crypto wallet in seconds - with AI. Elliptic's new AI-assisted tool, called Pulse, lets any officer input a wallet address or transaction hash and get a plain-language summary in seconds, aiming to bring crypto tracing beyond specialized units. Sep 24, 2026 In brief. * Elliptic launched Pulse, an AI product that gives frontline law enforcement officers a plain-language financial summary of any wallet address or transaction hash in seconds, no blockchain expertise required. * A single click forwards the full analysis - reasoning and field notes included - into Elliptic's screening and forensic-tracing tools or an agency's own workflow, and the firm stressed human oversight keeps final judgment with the officer. * Elliptic raised $120 million from backers like Nasdaq and Deutsche Bank and has played a major role in recent law enforcement actions. Blockchain analytics firm Elliptic has rolled out an artificial intelligence product designed to let ordinary police officers make sense of cryptocurrency they encounter in the field, without needing any blockchain expertise. The tool, called Pulse and announced Wednesday, lets an officer input anything resembling a wallet address or transaction hash, then returns a plain-language financial summary within seconds. Elliptic pitched it as a way to help frontline personnel decide on the spot whether a case warrants escalation, whether the crypto turns up on a suspect's phone, in a scam victim's receipt, or during a search, arrest, or overdose scene. If a case needs deeper investigation, a single click forwards the full analysis, including the reasoning and the officer's field notes tagged to a case number, into Elliptic's existing screening and forensic-tracing tools or an agency's own workflow. The idea, the company said, is that the detective who picks it up doesn't need to be a blockchain specialist either. "We built Pulse because we see crypto across every law enforcement agency now, not just specialized units," said Jackson Hull, Elliptic's chief technology officer. The London-based firm said Pulse runs on the same intelligence behind its investigator-grade platform, which it says screens more than 99% of crypto trading volume and covers over 65 blockchains. Bitcoin BTC · USD $84,164 +9.84% Sep 17 Sep 19 Sep 21 Sep 22 Sep 24 $87.2k $83.6k $80.0k $76.4k 24h High $84,843 24h Low $82,941 Market projections Odds by Myriad Buy Bitcoin with USDT Powered by Jupiter Elliptic also framed the product around a governance framework it published this month for agentic AI, emphasizing human oversight, model transparency and the officer retaining final judgment rather than the AI making decisions. The launch builds on a busy stretch for Elliptic. The firm raised $120 million earlier this year from backers including Nasdaq and Deutsche Bank, and its research has surfaced in major enforcement actions, from a Secret Service crypto freeze tied to a Telegram marketplace to the DOJ's seizure of infrastructure linked to billions in laundering, plus findings on Iran's central bank acquiring USDT. Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Zeren partners with Elliptic to appoint Prince Matambanadzo as Vice President, Data and Intelligence Operations. 14th September 2026 Prince Matambanadzo joins Elliptic as Vice President, Data and Intelligence Operations, strengthening the global blockchain analytics company's data and intelligence leadership. Elliptic is a global blockchain analytics business that helps financial institutions, crypto businesses and regulators identify and manage financial crime risk in cryptoassets. Strengthening data and intelligence leadership is a key part of the next stage of Elliptic's growth, as demand for trustworthy intelligence in the crypto space continues to accelerate. Prince joins from GoCardless, where he spent almost six years, most recently as VP, Business Services. He deployed nine production AI agents at GoCardless, and has written and spoken publicly about a framework he has developed called Generalised Specificity, including at Salesforce's Dreamforce and Agentforce Tour London. "In working with Prince, what stood out for me was his track record in scaling and productising AI, how likeable he is, and his ability to deconstruct and solve a problem." - Peter Shawyer, Director, Data Practice at ZEREN Congratulations, Prince. We look forward to seeing the impact you make at Elliptic. If you are looking to strengthen your data or intelligence leadership function, connect with Peter Shawyer directly to discuss how we can support your next hire.