Vitae's Community
Attention
WEAREVITAE.ORG IS A WEBSITE PROVIDING OFFICIAL COMMUNICATION AND INFORMATION
BY THE LAWYER WHO DEFEND THE INTERESTS OF MEMBERS OF THE VITAE COMMUNITY.
TESTIMONIALS
EVERY WORD HAS BEEN APPROVED BY OUR LAWYER HANS VAN DE WAL.
MORE THAN THAT: ALSO THE BELGIAN JUDICIARY, THE PROSECUTORS OFFICE AND THE INVESTIGATING JUDGE
ARE READING EVERY WORD AND WOULD NOT HESITATE TO CONTRADICT US IF SOMETHING INCORRECT WAS POSTED HERE.
YOU MAY TRUST WEAREVITAE.ORG FOR BRINGING YOU ADEQUATE INFORMATION.
the vision of VITAE
More and more users of the traditional social media, as well as governments in Europe and in the US, have serious questions about privacy violations, one-sided censorship and misuse of personal data by the Big Tech.
When services are offered on a platform for free, the user is the product and, of course – this is proven in numerous scientific studies or simply ‘Google’: “the user is the product”.
And that’s exactly the business model of the American and Asian technology giants (Facebook, Amazon, Tencent, Google, Apple, Samsung, Baidu, Alibaba and Microsoft).
The monopoly position held by these platforms brings colossal profits to their shareholders. After all, the owners who earn a lot from the advance of artificial intelligence (AI) own powerful data centres and digital production assets in which the Big Tech companies invest a thousand times more resources than countries or nation-states.
FAQs
Why was the Vitae platform taken offline by the Belgian authorities?
A press release dated June 24, 2021 from the Federal Public Prosecutor’s Office (D1/010/21) states that the Vitae platform was taken offline two days earlier due to “suspected large-scale fraud” in “a Ponzi and pyramid fraud type file” and constitute “a suspected criminal organization”.
Two days before the official announcement by the Federal Public Prosecutor’s Office and even during the first interrogations of the suspects on June 22, a number of newspapers already reported the closure of the Vitae platform on their websites. How and by whom was this information leaked to the press?
Was the normal procedure followed for taking it offline?
This is doubtful, since if the financial regulator – in Belgium this is FSMA – has questions or suspicions of “Ponzi and pyramid fraud”, possibly linked to an MLM (multi-level marketing) and/or cryptocurrency, a procedure is provided for this based on the law of 2 August 2002: the FSMA gives the company concerned one month to provide an explanation. The company may be placed on a list of “warnings” and “possible sanctions”.
However, Belgian legal authorities closed Vitae without warning. Even more so, after a secret investigation had been ongoing for one year. Vitae was a ‘start-up’ company, still in the testing and construction phase.
How many members had filed a complaint against Vitae for fraud before June 22, 2021?
Unless the Justice Department proves otherwise, not one of the 230,000 users in more than 100 countries.
The judicial machinery appears to have been set in motion in March 2020 as a result of an official report drawn up by a police officer of the Federal Judicial Police (FJP) in the city of Ghent. The same FJP officer, who initiated and initially led the investigation, asked ‘suspects’ – whom he had arrested through the investigating judge for membership of a “criminal organization” – to report to his brother’s law firm . A few days after June 22, 2021, the same law firm started recruiting “victims of the Vitae fraud” via its website and against payment of 220 euros +20% on recovered funds. Isn’t this a conflict of interest between a civil servant and private affairs of a relative?
What is the purpose of wearevitae.org?
On June 22, 2021, 230,000 members in more than 100 countries were stunned to find that their platform had been taken offline, without any warning or word of explanation from the Belgian authorities. Thousands of users protested against this (see ‘Testimonials’ section); almost 50,000 users demanded the reopening of the platform with a petition on the independent platform Change.org. In August, 20,000 users united in wearevitae.org to take legal action against the Belgian state. Wearevitae is completely separate from Vitae AG, also financially. Moreover, if the Belgian justice department comes up with hard evidence that ‘Vitae’ was a scam, weraevitae.org will turn against Vitae AG. But as far as we know, not one user has filed a complaint against Vitae AG and, after years of judicial investigation, we have not yet seen the beginning of evidence for “Ponzi and pyramid fraud”.
Was “Vitae” legal?
At the time the platform was taken offline in June 2021, Vitae was still in the construction or testing phase, but would open publicly to ‘free members’ in the fall of 2021. In this so-called beta phase, management sought legal advice and more than one million euros was spent on audits at reputed consultancy firms to get everything legally arranged. Due to the unclear regulations for crypto in Belgium, the company was transferred to the Swiss Crypto Valley in the canton of Zug in the course of 2019, precisely because of the clear legislation from the Swiss financial regulator FINMA. A new professional management team was appointed and Vitae AG was about to receive the Swiss VQF label and a non-action letter from FINMA when the platform was unexpectedly taken offline by the Belgian authorities. The US Securities and Exchanges Commission found no objections to the Vitae token.
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