[ELLIPTIC] AI-enabled Crime in the Cryptoasset Ecosystem

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Exploring Emerging Risks and Trends in Cryptocurrency and Artificial Intelligence

The rise of Artificial Intelligence (AI) has shown the potential to drive significant and beneficial innovations across various industries, particularly in the cryptocurrency asset space. This report identifies five emerging types of AI-driven crime in the cryptocurrency ecosystem:

  • Generative AI used for deception in cryptocurrency scams
  • AI-related cryptocurrency scams and market manipulation schemes
  • Large Language Models (LLMs) facilitating cybercrime
  • Widespread deployment of cryptocurrency scams and misinformation
  • Enhanced illegal markets

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