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Case file: Kymco Krediet Bank
Kymco Krediet Bank caught our team’s attention for a familiar reason: the operation shows the hallmarks of an unlicensed platform built to take deposits rather than return them. Here is what the Cryptoblackbird desk has on file.
What the record shows
Kymco Krediet Bank has been flagged as a Credit fraud by FSMA Belgium. FSMA warning 27/03/2023. Jurisdiction: BE. It appears on an official regulator or fraud-warning list, which is a strong indicator of a scam operation. Treat any contact from this entity with caution. Reference: https://www.fsma.be/en/warnings/companies-operating-unlawfully-in-belgium
How this operation typically works
- Account managers apply pressure — urgency, bonuses, or threats of “losing your position” — to keep you paying in.
- Clients are steered toward connecting a wallet, installing remote-access software, or sharing a seed phrase — none of which a legitimate broker would ever require.
- Withdrawals stall, get delayed, or are blocked behind sudden “tax”, “insurance”, or “anti-money-laundering” fees — money you should never have to pay to access your own balance.
- The company cannot show a verifiable licence in the jurisdiction where it solicits clients.
Recovering funds sent to Kymco Krediet Bank
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