Lquid Finance T/A Lquid Pay – Suspected scam, false compliance claims, unregistered provider

Lquid Pay claims to offer cryptocurrency payment cards in New Zealand, but it is not registered to provide this service in New Zealand. 

Lquid Pay has claimed on social media that:

• it is fully compliant with New Zealand’s laws, and
• it holds a registered New Zealand trademark. 

The FMA requested Lquid Pay to provide explanation and evidence to substantiate their claims above. Lquid Pay has failed to provide a response to our request. We therefore suspect that claims made are false and misleading.

Making false and misleading statements, particularly information relating to compliance in any jurisdiction(s), like those made by Lquid Pay mentioned above, is a common technique used by scam operations to create an air of legitimacy of their business.

Lquid Pay is not authorised to provide financial services in New Zealand, and we do not believe it holds any New Zealand trademark.

Website: lquid.finance
Email addresses: [email protected]; [email protected]