A significant red flag about Nomy Finance (also known as Cryptonomy) is the lack of verifiable history for its purported CEO, Thomas Kresge. Despite claims of his background as a BlackRock strategist and MahrebGroup executive, there is a conspicuous absence of any credible online presence, including no evidence of his tenure at BlackRock, no social media profiles, and no independent records of his professional activities. Furthermore, AI detection analysis of his profile image indicates a 99% likelihood of it being artificially generated. He doesn’t exist!
Numerous people on X have also raised concerns about the non-existence of Thomas Kresge. For instance, a post attributed to Kresge on social media showed a hand holding a conference badge at an event in Cannes, rather than a selfie, which would be a more typical thing to do. This unusual choice fuels suspicion, as it suggests an inability to provide visual proof of his presence, consistent with claims that Kresge does not exist.
All the executives at Nomy Finance lack credible online professional presence. For example, Amy Saadi, who is described as “building Nomy Finance” and allegedly served as the former CMO of MahrebGroup, has no verifiable professional history. MahrebGroup itself, which reportedly invested $70 million in Nomy Finance, similarly lacks any prior online footprint. Adding to the skepticism, Saadi’s profile picture suggests she authored a book, yet no evidence of this publication exists.
The entire leadership team at Nomy Finance appears to be fictitious. Previously, Nomy’s website listed nine executives, all of whom lacked any verifiable online history or photographs, but this information has since been removed. The sole exception is Peter Cawkwell, who is documented as the UK registered agent for Cryptonomy, Nomy’s former name. However, beyond this registration, there is no further evidence that he is a real person.
Nomy Finance appears to be entirely fraudulent, with fabricated elements including its leadership team, profile pictures, purported investors, partnerships, MahrebGroup, and CEO Thomas Kresge. The only verifiable reality seems to be the anonymous scammers orchestrating what strongly resembles a billion dollar Ponzi scheme.