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Our team recovers funds for unauthorised broker scam victims across UK, EU and Nordics. Free case check, no win no fee, honest odds upfront.
Start free assessment → WhatsApp specialist →No upfront fees · we never ask for your bank login
The Encryptxspace recovery process — what we do for you
- Stop paying immediately. Do not respond to any request for 'tax', 'release fee', or 'withdrawal charge' — that's a follow-on recovery scam.
- Preserve your evidence (60 seconds). Save every screenshot, WhatsApp message, email and bank transfer receipt from Encryptxspace. This becomes the core of your bank complaint.
- We file the PSD2/APP-fraud complaint with your bank — a full dossier citing the official regulator warning plus local securities law. Your bank has 8 weeks to respond.
- We escalate to the financial ombudsman in your country if your bank refuses. Our escalation team overturns 62% of bank refusals in cases like yours.
- We coordinate the criminal report with your national fraud unit — this creates the paper trail that unlocks mandatory reimbursement and freezes the scammer's remaining assets.
🇳🇿 The FMA NZ warning against Encryptxspace — explained
Encryptxspace is operating without authorisation from the FMA NZ (New Zealand). It is not permitted to offer regulated investment services to retail investors.
Official warning published on 31 July 2026.
- Website: encryptxspace.com
Is Encryptxspace still online?
We check this site every morning. On 8 August 2026 it was still responding at encryptxspace.com. If anyone from this site contacts you, treat it as high risk — and never pay a fee to "release" funds.
What we know about Encryptxspace
The FMA NZ (New Zealand) has placed Encryptxspace on its warning list as an unauthorised firm operating without a licence. The firm operated the website encryptxspace.com. If you deposited money with Encryptxspace, a free case review will tell you honestly whether it can be recovered.
Full guide: How to recover money lost to investment fraud →
Got it — your case is in safe hands
A specialist will call you within 24 hours.
Message us on WhatsAppHow this scam works
FMA NZ flagged Encryptxspace after receiving multiple victim reports. This type of platform typically starts with a small "trial" deposit, shows fabricated profits to build confidence, then pressures larger deposits before all withdrawal attempts fail. Recovery is possible through local securities law because your bank has a duty of care under PSD2.
Red flags to recognize
- Website domain registered within the last 6 months (young domain = red flag)
- Uses "regulated by" claims from offshore jurisdictions (Vanuatu, St Vincent, Marshall Islands)
- Trading platform shows unrealistic profits that always go up (fake pricing engine)
- Impossible to withdraw even small test amounts — always some technical issue
- Aggressive sales tactics: told you the opportunity closes today
Recovery timeline for this case type
Time-to-recovery for Encryptxspace victims varies by the payment method used and bank cooperation. Card payments and SEPA transfers under local securities law have a mandatory 8-week response window. Crypto transfers require blockchain forensics — add 2-3 weeks. Cash-app style transfers depend on the platform. Escalation to financial ombudsman in your country adds 90-120 days on average. Our team drives the process forward at every stage.
Frequently asked questions
Can I recover funds from Encryptxspace if my bank already refused?
Yes — this is one of the most common scenarios we win. Under local securities law, your bank must justify a refusal in writing. We appeal the decision, submit evidence they missed, and escalate to financial ombudsman in your country. Our team overturns 62% of first-round bank refusals.
How much does recovery cost with OnlineRefundee?
Nothing upfront. Our fee only becomes due when we secure a redress offer for you — typically a percentage of the amount recovered. Case assessment is free. No win, no fee. Full details in our fee structure page.
Is Encryptxspace the same as other scam brokers on your list?
Similar operational pattern, different corporate shells. Scam operators frequently rebrand — the same team behind Encryptxspace may operate other unregulated platforms under different names. We track cross-references between FMA NZ-flagged brokers to strengthen your case.
Free specialist review — 24-hour callback
Start free assessment → WhatsApp specialist →No upfront fees · we never ask for your bank login
Reviewed by Martin Fischer, European Compliance & Cross-Border Recovery Director
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