Today, we are going to dig into the lies on the Nomy Finance website:
- $7 billion insurance on their assets: this is completely fabricated. Who would insure a company with no address or phone number? We don’t even know the country they are in, although their wallets have been traced to Russia.
- 1.5+ million users: this can only be true if they include their Cryptonomy users who they scammed out of $billions. But wait, they disavow being a rebrand of Cryptonomy in response to a negative review on Trust Pilot.
- Fully regulated: this may be the biggest lie of them all. Several government agencies have marked Cryptonomy (Nomy) as unauthorized including the UK’s Financial Conduct authority.
- High quality support: support is virtually non-existent as many know firsthand. There is no phone number and responses to e-mails take weeks, if they reply at all.
- Experts love Nomy: these are just paid Youtube “influencers” who make fake reviews. Check out a screenshot of an e-mail Nomy sent Youtuber Anonimus Trade.

- The CEO: if you check out this paid press release by Nomy, you’ll read that their Chief Executive Officer is former Blackrock strategist Thomas Kresge. He has no online presence or history whatsoever. No LinkedIn in, no previous images, no mention in Blackrock press releases, etc… His ugly mug is also AI generated. He doesn’t exist!

- The investors: in yet another paid press release, Nomy claims Mahreb group invested $72 million. But like the team and CEO, Mahreb is fictitious as it doesn’t have a website, social media or online presence at all.
- Access to funds: these scammers claim you can instantly access your funds, but Nomy victims can’t withdraw even $100. Some are owed $150K or more.
- The Nomy debit card: fake branding & fake promises.
- The $Nomy token: the company is pre-selling their scam token and claiming it will 5x on launch. All interest on deposits is paid in $Nomy so the company is sure to rug it. Even if it pumps, they’ll just lock everything up and move on.
- The logo: stolen from Compound. Additionally, in the image below you can also see how the Cryptonomy and Nomy logo are virtually identical. Same Ponzi scheme run by the same scammers.

We will expand on all of this in future posts. And there are many lies on the website, so stay tuned.