I believe that this Creedence/Cryptex issue is due to, and is the result of, ANY Carbonite-Regulated Hard/SSD Drive, Internal or External, (or "CRD" for short), that is attached to any other computer (PC or Mac) different from the "CRD" computer itself, i.e., where the Carbonite App resides and is Licensed to protect.
It looks to be a clandestine means of tracking where the CRD "goes", i.e.,
this particular CRD, a Mac TimeMachine external HDD that was originally connected to a family-member's MacStudio (Sequoia 15.3.2) for regular backups, became full, and was replaced by a newer, larger RAID drive.
The original older CRD HDD (a 4Tb Seagate) was Carbonite "protected", but was removed BEFORE it could be "un-protected" by the CRD MacStudio that had the Licensed Carbonite App on it.
When this original 4Tb Seagate CRD was subsequently attached to a completely different, non-Carbonite-Licensed Mac (an iMac 2019), to be secure-erased and reformatted, the iMac 2019 became "infected" with the Creedence/Cryptex issue, that DID NOT EXIST prior to this connection.

Maybe some Apple or Carbonite folks might like to chime-in here?