Like many of you, I was scammed out of my crypto by Nomy Finance, also known as Cryptonomy. To dodge accountability and quiet victims, these scammers now offer a shady “portfolio exit program” claiming “investors” will buy your portfolio and you’ll get some of your crypto. The agreement is packed with red flags, so don’t sign this contract designed to trap you even more.
Penalties For Badmouthing Nomy & Cryptonomy
The “Conduct and Reputation” section imposes severe penalties for actions deemed to violate the agreement, such as distributing “negative, misleading, or defamatory information” about Cryptonomy. It includes financial liability for “reputational damage” and a penalty “equivalent to the reputational damage caused.” This clause is highly unusual and an attempt to stop us from exposing the Ponzi scam.
You Have To Waive Legal Rights
The “Acknowledgment of No Claims” section requires us to confirm they have no pending claims, disputes, or legal actions against Cryptonomy and that the exit is voluntary. This clause effectively waives our right to pursue legal recourse, even though we know this company engages in fraud. Legitimate companies never demand such broad waivers upfront, especially before funds are returned.
You’ll Get 30 to 80 Percent Of What They Owe You
The phrase “30% to 80% of the expected total profit” is a wide and ambiguous range, with no explanation of how profits are calculated or guaranteed, raising major doubts about the legitimacy of the unknown payout structure. Knowing these criminals, you’ll probably get 30 percent of what you deposited… or nothing at all.
Risk Of Never Getting Your Crypto
The agreement also states that the sale of the portfolio or compensation will only occur after a quota becomes available or specific conditions are met, with no guaranteed timeline or assurance of payment. The agreement’s reliance on a undefined “waiting queue” for portfolio sales is surely a pretext to delay or avoid returning our funds.
Vague and Ambiguous Nonsense
The agreement uses mumbo jumbo like “active positions,” “portfolio marketplace,” and “insurance-backed assets” without providing clear definitions or transparency about what these entail. Legitimate companies always provide detailed, verifiable information about their operations and financial mechanisms.
Lack of Verifiable Team, Investors & No Regulatory Oversight
There is no mention of regulatory compliance, audits, or oversight by any recognized financial authority in the agreement. And, the contract references interactions with a “dedicated financial team manager” and “Cryptonomy’s partners.” No verifiable details about the company, its leadership, the portfolio buyers or its operational structure is, of course, not a surprise for anyone currently dealing with these scammers.