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LuckyChain Betting

LuckyChain Betting · Gambling or betting service · luckychain · synthetic attribution

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5.0 of 10 MEDIUM
Medium counterparty Acceptable with enhanced due diligence and periodic review.

LuckyChain Betting scores 5.0 of 10 (medium risk) as a counterparty, driven mainly by kyc and aml rigour (59.7% of the score). It is licensed in Cyprus, authorised by Cyprus gaming commission, and applies weak identity checks. Operational footprint covers Cyprus, Cayman Islands.

Due-diligence pillars

Four pillars are scored 0-10 and combined with fixed weights (licensing 35%, jurisdiction 25%, kyc_aml 30%, operational 10%). The result is on the same 0-10 scale as a wallet score so the two can be compared, but it measures the counterparty's controls, not its transaction history.

Registration and licensing weight 35% 2.5 of 10 · 17.4% of score
  • Licensed by Cyprus gaming commission. (+1.0)
  • The authorisation is claimed but not verifiable against a strong supervisor's register, so it is not yet evidence of a control. (+2.0)
  • Holds a MiCA authorisation, which carries specific capital, custody and disclosure obligations. (-0.5)
Jurisdictional risk weight 25% 3.4 of 10 · 16.9% of score
  • Incorporated in Cyprus, which carries a jurisdiction risk of 3 of 10 in this model. (+3.0)
  • Operates from Cayman Islands, a higher-risk jurisdiction than the one it is incorporated in. Where a service actually operates matters as much as where it is registered. (+0.4)
KYC and AML rigour weight 30% 10.0 of 10 · 59.7% of score
  • Identity checks are partial and can be circumvented. The verification threshold is $10,000. (+7.0)
  • Transaction monitoring exists but is rule-based and incomplete. (+2.5)
  • Travel Rule information is transmitted for some corridors only. (+1.5)
  • Source of funds is not evidenced for large deposits. (+1.0)
Operational integrity weight 10% 3.0 of 10 · 6.0% of score
  • Holds customer funds, so it is the party a Travel Rule request or a freeze order is served on. (0.0)
  • Only 2 address(es) are attributed to this entity, so its on-chain behaviour is barely observable and exposure to it may be under-counted. (+1.0)

Registration

Statuslicensed
RegulatorCyprus gaming commission
Evidenceclaimed
ReferenceCY-EB8CC36B
MiCAauthorised

Jurisdiction

Incorporated in Cyprus (CY)
Operational hubs CY, KY
FATF grey list no
Offshore secrecy no

KYC and AML

KYC rigourweak
Withdrawal KYC threshold $10,000
Transaction monitoringdeveloping
Travel Rulepartial
Sanctions screening yes
Source-of-funds checks no

Operational integrity

Custody modelcustodial
Founded2014
ChainsBASE, ETH
Clustered addresses2

The regulatory file is seeded, not sourced from a register. Licence references and dates are fabricated for demonstration and must never be relied on for a real onboarding decision.