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Fact Check: The Truth Behind BE Club founders and OneCoin

You may have seen misinformation linking BE Club’s founders, Moyn and Monir Islam, to the OneCoin scandal. For years, false information has circulated online. Let’s look at the truth. 

“The Islam brothers made a name for themselves scamming people out of millions in OneCoin.” 

In January 2025, a major legal milestone closed this chapter for good: all OneCoin-related allegations against BE Club founders Moyn and Monir Islam were officially withdrawn – without any financial settlement.  

We break down what really happened, what it means for the future, and how BE Club continues to lead with truth, innovation, and education. 

The Facts: What Actually Happened 

The OneCoin scheme, launched in 2014, exploited early cryptocurrency enthusiasm to defraud investors worldwide.  

Many investors, like the Islam brothers, were drawn into the large-scale scam by promises of financial growth. 

As a group of OneCoin investors pursued legal avenues to rectify some of the damage caused by high-level scam, Moyn and Monir were included in the UK High Court case CL-2024-000213. However, they presented evidence against all claims of wrongdoing and were later removed from this case. 

What did the resolution show? 

All allegations were withdrawn – The claimants dropped the case without receiving any payment from the Islam brothers. 

Zero financial settlement – Not only did the founders not pay to settle the case, the claimants actually contributed to the brothers’ legal costs. 

Evidence confirmed: 

Official Voices Confirm the Truth 

Moyn Islam, BE Club CEO and co-founder: “For years, misinformation surrounding OneCoin has affected my reputation. This resolution shows we have been telling the truth.” 

Jennifer McAdam, lead claimant, confirmed publicly across Facebook, X (previously Twitter), and Instagram that: 

Reputable law firms Enyo Law & Peters & Peters, who represented the brothers separately, released statements validating the resolution. 

Major media outlets like Gulf Times, AInvest, and DLNews have also reported on the development. 

BE Club Today: Transparent. Independent. Empowering. 

Despite the noise, BE Club has never stopped innovating. Here’s how we’re different: 

We educate: We provide tools, training, and AI-powered mentorship—not investment advice or fund management. 

We don’t handle money: No deposits, no fund control, and no financial services licenses required. 

We comply: No fines or sanctions. Ever. Since launching in 2018, we’ve operated within every applicable legal and regulatory framework. 

Let’s Keep the Conversation Open 

We believe in owning our past, being clear about our present, and building a stronger future. If you have questions, want to learn more, or just want to connect with our community; we invite you to explore BE Club for yourself. 

See the official announcement on Instagram: instagram.com/p/DH8-7LiSdwu 

Discover what BE Club really stands for: empowerment, education, and ethical growth. 

Let’s move forward – together. 

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