A: That would be the Nekrak, a distant cousin of the Kraken.
It does everything backwards. Swims backwards. Eats backwards.
Instead of destroying ships deep at sea, the Nekrak carries them on it's back and makes sure they arrive safely at port.
Where the Kraken has never been seen by a man who has lived to tell the tale, the Nekrak can be seen all the time, by everyone, to an annoying degree.
It's always showing up unannounced, popping up in the back of photos, and "rescuing" people who are just going out for a swim. It will do anything for attention.
We're all rather sick of it at this point.
Don't wave. That just encourages it.