12 December 2022

Krypto Security charges non-existent fees

We are aware that a New Zealand resident has been in contact with Krypto Security who claims to be able to help the New Zealand resident recover their stolen cryptocurrencies. Various large fees have been charged in the recovery process, including a payment for a “barcode” to meet the New Zealand Anti-Money Laundering legislative requirements. We note that there is no such requirement in New Zealand.

We also understand that the New Zealand resident has received an email from a person posing as being from the FMA, the sender’s email address is [email protected] We note that .govt.nz is the email domain used by government agencies in New Zealand.

We recommend acting cautiously when dealing with entities or individuals who offer assistance in the recovery of any lost investments or monies.

Entity name: Krypto Security
Email address: [email protected]