The Elliptic dataset compiles a comprehensive history of Bitcoin transactions, integrating both anti-money laundering (AML) tags and distinct graph network features. Given the nature of the Bitcoin transaction networka complex, weakly interconnected structureleveraging graph analysis techniques for its study holds immense potential, especially in the realm of detecting illicit activities like hacking, drug trades, gambling, and more. A detailed examination of the Elliptic dataset, encompassing transaction amounts, frequencies, source and destination addresses, sheds light on the inherent structure and peculiarities of the Bitcoin transaction ecosystem. By conceptualizing this transactional landscape as a graph, a slew of analytical attributes emerge: node degree distribution, community architecture, centrality measures, and so forth. Such attributes pave the way for the creation of predictive models that can pinpoint and prognosticate potential unlawful trade actions. Several computational models have been employed on the Elliptic dataset, such as Logistic Regression (LR), Random Forest (RF), Multilayer Perceptrons (MLP), and Graph Convolutional Networks (GCN). The authors of this particular study delve into augmentations of the GCN model, juxtaposing the efficacy of the original GCN model against their enhanced algorithm within the context of the Elliptic dataset.