I have no opinion on the above, since I didnt follow it closely, and Im not sure what happened regarding the insider trading allegation (not that it would surprise me one bit),
But.. nice job spotting the mouse while missing the elephant in the room.

To the best of my knowledge, this entire IPO of an unregistered security by a company that is not an authorized investment firm in Belgium or anywhere else, is completely illegal in Belgium, the EU and the US (and probably just about anywhere else). There is a reason all the other exchanges were closed, there is reason gigavps and many others had to remove their public offerings. Moving to another exchange in some fiscal paradise changes nothing about the core of the problem: these unregistered securities are being offered publicly (very publicly, press release and all) to unsophisticated investors in whatever country cryptx shareholders live in, which is everywhere. The location of the exchange doesnt matter at all. Cryptx is simply not allowed to raise capital this way in these markets.

Now I should also add I am convinced (perhaps naively) that Bert has honorable intentions, I dont believe he intends to scam and run off with the bitcoins. His approach seems fairly professional, so Im left wondering, Bert, WTH are you doing? . If you are somehow convinced what you are doing is legal, contact the fsma asap and get their approval. Not that it will do you any good with the US SEC or in any other country, but since you are located in Belgium, at least it would be a start. Im willing to bet however, you will be closed down the moment the FSMA finds out what you are doing, so instead of committing hara kiri, talk to some expert lawyers to help you dig a legal way out of this mess.