At AML Scanner, we analyze addresses for connections to over 20 risk sources to identify suspicious transactions and assess risk factors. These sources are categorized into three groups:
Child Exploitation:
Addresses associated with activities involving child exploitation
Dark Market:
Coins linked to illegal marketplaces or activities.
Dark Service:
Coins tied to activities such as terrorism financing, drug trafficking, or child abuse.
Enforcement Action:
Entities under legal investigation or involved in judicial proceedings.
Fraudulent Exchange:
Exchanges involved in scams, illegal practices, or whose funds have been seized by authorities.
Gambling:
Coins linked to unlicensed online gambling platforms.
Illegal Service:
Addresses associated with other illegal activities.
Mixer:
Coins passed through mixers to obfuscate transaction trails, often used for money laundering.
Ransom:
Funds obtained through extortion or blackmail.
Sanctions:
Entities under international sanctions.
Scam:
Coins acquired through deceptive activities.
Stolen Coins:
Cryptocurrencies stolen from their rightful owners.
Terrorism Financing:
Entities associated with the funding of terrorism.
ATM:
Coins obtained via cryptocurrency ATMs.
High-Risk Exchange:
Exchanges flagged for:
• Lack of KYC (Know Your Customer) requirements.
• Criminal charges or connections to illicit activities.
• High exposure to darknet markets or mixers.
• Operating in jurisdictions with weak AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) regulations.
• Lack of appropriate licensing for cryptocurrency trading.
Liquidity Pools:
Smart contracts where tokens are locked to provide liquidity for trading.
High-Risk P2P Exchange:
Peer-to-peer platforms without appropriate licenses or KYC processes, making them attractive for money laundering.
Unnamed Service:
Clusters of unidentified addresses behaving like services with a significant number of transactions.
Exchange
Licensed cryptocurrency exchanges that comply with AML/CFT regulations, offering depository, brokerage, or trading services.
• Does not include exchanges operating in FATF non-cooperative jurisdictions.
• Trusted exchanges handle 90% of all cryptocurrency transactions
ICO
Legitimate projects crowdfunding by selling tokens in exchange for cryptocurrencies like Bitcoin or Ether. However, some ICOs may involve fraudulent activities.
Marketplace
Coins used for legal transactions in online marketplaces.
Merchant Services
Payment gateways that enable businesses to accept cryptocurrency payments, often converting them to local fiat currency.
Miner
Coins generated through mining but not yet forwarded to other addresses.
Other
Coins obtained through airdrops, token sales, or similar means.
P2P Exchange
Licensed peer-to-peer exchanges that allow participants to trade cryptocurrencies directly without intermediaries.
Payment Processor
Entities handling payments, such as gateways or processing platforms.
Seized Assets
Crypto assets confiscated by government authorities.
Wallet
Online wallets used to store and transact cryptocurrencies. These include custodial wallets, which hold private keys for users and may pose risks of scams or security breaches, although reputable providers typically mitigate these risks.
Addresses linked to Dark Market, Dark Service, or Illegal Service are considered high-risk. Additional investigations are strongly recommended to avoid losing funds due to potential account blocking.
AML Scanner categorizes and assesses all these sources to provide a clear and comprehensive risk evaluation, helping users make informed decisions about their cryptocurrency transactions.
