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BackElliptic Launches AI Tool 'Pulse' to Assist Police with Cryptocurrency Investigations
Elliptic Launches AI Tool 'Pulse' to Assist Police with Cryptocurrency Investigations
Tech
Decrypt1 hour agoTech1 min read

Elliptic Launches AI Tool 'Pulse' to Assist Police with Cryptocurrency Investigations

New artificial intelligence product allows frontline officers to analyze crypto transactions without specialized blockchain expertise.

Quick Look

Blockchain analytics firm Elliptic has introduced 'Pulse,' an AI-driven tool designed to help non-specialist police officers interpret cryptocurrency wallet addresses and transaction hashes in the field, facilitating immediate decision-making during investigations.

AI-generated summary

Why It Matters

Elliptic is a London-based blockchain analytics firm that provides forensic-tracing tools for law enforcement and financial institutions. The company claims its intelligence platform covers over 65 blockchains and screens more than 99% of crypto trading volume.

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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.

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.

Open Questions

  • What is the pricing model for law enforcement agencies?
  • How does the AI handle potential false positives in transaction analysis?

Related Topics

This article was originally published by Decrypt.

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