The Good Tech Companies - Claims Against BE Club Founders Concerning OneCoin Withdrawn

Episode Date: March 20, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/claims-against-be-club-founders-concerning-onecoin-withdrawn. The resolution in the case (CL-2024-000213), made public on January 25, 2025, came after the Islam brothers submitted Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #onecoin, #chainwire, #press-release, #onecoin-cryptocurrency-scam, #crypto-exchange, #crypto-exchange-lawsuit, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Claims issued in the UK High Court against the OneCoin co-founders have been withdrawn in full by agreement. All allegations were withdrawn without financial settlement, and a worldwide freezing order was lifted. The Islam brothers submitted compelling evidence countering all the claims against them.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Claims against B-Club founders concerning OneCoin withdrawn, by Chainwire, Dubai, United Arab Emirates, March 20, 2025, Chainwire, claims issued in the UK High Court against B-Club co-founders in relation to OneCoin have been withdrawn in full by agreement. All allegations were withdrawn without financial settlement, and a worldwide freezing order was lifted. The resolution in the case, CL2024000213, made public on January 25, 2025, came after the Islam Brothers submitted compelling evidence countering all the claims against them.

Notably, the claimants have agreed to contribute to the legal costs incurred by the brothers. Moyn and Moner Islam were small-scale UK investors who themselves suffered financial losses from the OneCoin scheme. They held no operational roles in the fraudulent organization and attempted to alert others once they became suspicious of its legitimacy, greater than, for years, misinformation surrounding OneCoin has affected my reputation, greater than including allegations of dishonesty, fraud, and fleeing the UK. This greater than resolution shows we have been telling the truth, we've been unfairly

targeted, greater than and this is a vital step in setting the record straight," said Moin Islam. The brothers' subsequent business ventures, including Melius, later rebranded ASBE Club, have been subject to misrepresentation. The resolution includes the lifting of a worldwide freezing order previously imposed on the brothers' assets and establishes a binding agreement preventing any future one-coin related claims against them by these claimants. This outcome allows the entrepreneurs to focus fully on their current business ventures without

the shadow of unwarranted allegations. Jennifer McAdam, a key member of the Claimant Group's Steering Committee, released official statements, also shown below, available on Facebook, ex, previously Twitter, and Instagram confirming the withdrawal of claims. The statement is also available at the end of this article. The brothers were represented by separate law firms, which have put out statements on the resolution, Enio Law and Peters & Peters. Understanding OneCoin the OneCoin scheme, which began in 2014, exploited early cryptocurrency

enthusiasm to attract investors on a massive scale, leading to an estimated $4 billion in losses. By 2016, nearly 1.6 million people had already joined the scheme. During this period, the Islam Brothers also joined, believing they were supporting a system that had already amassed a significant global following under promises of financial success. The events surrounding OneCoin remain a subject of global discussion among regulators, financial analysts, and investors. About BCLUBBE Club is a product-first company

redefining network marketing. We focus on empowering affiliates with in-demand products and the support they need to achieve sustainable success. With a commitment to tech-driven solutions and competitive commission structures, BCLUBBE Club opens the door to limitless opportunities, providing affiliates with the tools and resources to thrive. For more information, user scan visit bclub.com. Statement by ONECOIN investors regarding UK lawsuit We wish to confirm that the claim, CL2024000213, brought in the UK by the claimants, who are one coin investors, against Mr Moinal and Mr Monirul Islam, the Islam Brothers, in July 2024 in relation to one coin investors, against Mr. Moinal and Mr. Monirul Islam, the Islam brothers,

in July 2024 in relation to one coin, together with the accompanying worldwide freezing orders, have been withdrawn by mutual agreement between the parties. No payments whatsoever have been made by Mr. Moinal and or Mr. Monirul Islam to the claimants in relation to the claim, although the claimants have contributed to the legal costs that the Islam brothers have incurred in relation to defending the claim and the accompanying worldwide freezing orders. For the avoidance of doubt, the withdrawn claims include, but are not limited to, all allegations of fraud and dishonesty made against the Islam brothers. Moving forward, none of the claimants will be pursuing any allegations against either

of the Islam brothers whatsoever. All parties appreciate the resolution of this matter and are committed to putting this unfortunate matter behind the Mond moving forward positively. Contact MR. Matias Cruz B.E. Clubmatiasque at bclub.com plus 971-56-548-9249 Tip This story was distributed as a release by Chainwire under Hackernoon's business blogging program. Learn more about the program here. Thank you for listening to this Hackernoon story, read by Artificial Intelligence.

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