This page provides help with the most common questions about VALEGA Chain Analytics and its services
VALEGA forensic team is available to help you with the necessary expertise in order to respond to cyber incidents and provide forensic support on virtual assets. VALEGA has the ability to produce court worthy non-tangible data and extensive due diligence reports for legal representatives.
Every case is different and VALEGA can provide legal advice on investment fraud, or any other type of problem.
VALEGA can verify if a website, platform or service is legit or not. Our team can help you to identify red flags and advise if it is safe or not.
Setting the risk score is a demanding process due to the amount of data analysed by the system. The analysis takes in account not only the given address but also its inputs and outputs, fusing all the information into a risk score and a confidence level.
An address can be safe (green), suspicious (yellow) or dangerous (red) and can be associated with one or several entities.
If you discover a scam or other illicit service and you want to share the information to help protect others, you can use the VALEGA File Abuse Report. Your contribution is welcomed and will certainly help us to promote greater transparency and security within the Blockchain. VALEGA File Abuse Report is only available for registered users.
If you wish to upload an Excel / Word / PDF file, to report several addresses at once, please attach it to an email and send it to email@example.com with the subject "Bulk address upload". It will then be checked and processed by our team.
Thank you for your collaboration!
When using the TIER Free, you are only compliant to your own in house policies based on your jurisdiction but not necessarily towards the regulator.
You can only be truly compliant when you receive a VALEGA Compliance Certificate through the TIER Starter or TIER Enterprise.
The VALEGA Compliance Certificate is a signed document you receive with a description of the service and acknowledgement that your company is using VALEGA as your AML compliance partner. This can be used officially as proof that you have an AML monitoring tool when applying to, or renewing licences with regulators.
Note that it is not available on the TIER Free.
Most of the data we get is from dark web scraping, law enforcement contributions and shared data by our partners, through VALEGA Shield Network. Per example, exchanges labeling malicious transactions.
There are open databases, such as OFAC, where we can find addresses connected to Terrorism Financing, per example. Unfortunately collaboration between entities and open databases are rare, decreasing the general Blockchain security.
The system analyses the transaction addresses, to check the exposure level, and associated entities. A risk score is then calculated, taking in consideration the entities and many other criterias.
In blockchain analysis, one of the best ways to assess the risk of a cryptocurrency address is to assess if it belongs to an entity cluster. Entities can be exchanges, dark markets, gaming websites, etc.
When an address is exposed / associated to an entity we say that the address is directly exposed / associated.
The fund tracing process traces the movement of cryptocurrency between addresses. Because cybercriminals always move funds through multiple addresses and services, in order to hide and make investigators lives harder, this process ends up to be fundamental to detect tainted activities.
Yes, you can receive a risk score to see if that specific coin / address is involved in anything suspicious or illicit. Bear in mind that many coins do not have a big volume and information about it is rare, so most of them will come back green compared to BTC for example.
Our database is global, so it contains all illicit transactions across the globe and not specified to one jurisdiction or continent.
It is true that Monero and Zcash is always hard to track eventually though it will be exchanged into Bitcoin and once that happens our system labels them yellow in terms of risk.
We support most of the blockchains out there. In the eventuality of not supporting a specific one, we will always provide risk score ability (to get a risk score and to report tainted addresses).
We have an API and we work with unlimited API calls and unlimited users for our customers.
The pricing model is SaaS and we set that together for one year in accordance with your growth size and estimations.
If you still have questions or you want to know more about VALEGA Chain Analytics and its services, please send us a message.