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Bazaar Exchange Exchange with weak or absent KYC

cluster bazaar-ex · Russia · 2 known address(es) · BTC, ETH
Intrinsic severity6of 10
Default bandmedium
Attributionmoderate0.75 confidence
On-chain partyoperator

Attribution quality

Levelmoderate
Sourcesynthetic
Basiscorroborated open-source intelligence

Operator versus beneficiary

Custody modelcustodial
On-chain partyoperator
Beneficiary on-chain no

The clustered address is operated by the service. The beneficiary is the end user behind the deposit or withdrawal, whose identity sits in the operator's records and cannot be read from the ledger.

Known addresses

3pwWqgMDqXzDD7eM...0x060deacd219b77...

Service risk profile

AML posture21of 100, poor
KYC strictnessweak from $10,000
LicenceunlicensedMiCA not authorised
Jurisdiction risk7of 10

Effectively unsupervised; treat as a laundering route, not an endpoint.

Regulatory file

Legal nameBazaar Exchange
Founded2023
Incorporated inRussia (RU)
Operational hubsCW, PA, RU
Regulatorno identified regulator
Licence referencenone
Licence evidencenone
FATF grey listno
Offshore secrecyno

Controls

Custody modelcustodial
KYC rigourweak
Transaction monitoringabsent
Sanctions screeningno
Travel Ruleabsent
Source-of-funds checksno

Posture deductions

FindingPoints
No licence or registration in any supervisory regime-30
Identity checks are partial or easily circumvented-18
Customers and counterparties are not screened against sanctions lists-15
Not authorised under MiCA despite operating in scope of it-8
Source of funds is not evidenced for large deposits-8