Justin Sun Bought Steemit. Steem Moved to Limit His Power
The people who run the Steem blockchain executed a reversible soft fork Sunday over concerns about Steemit's new owner.
A judge granted Justin Sun’s motion to compel arbitration in a lawsuit alleging wrongful termination and workplace harassment at the Tron Foundation.
The blockchain for bloggers, Steem, is moving to Hive.io, CoinDesk has learned. The hostile hard fork is scheduled for Friday.
Witnesses on Steem have frozen eight accounts, putting a total of 17.6 million steem in limbo. It's the latest drama since March 20's Hive hard fork.
The Steem community is striking back after an attempted end-around by Tron founder Justin Sun.
The implications reach much further than just Steem or Tron, underlining the fundamental message of the "not your keys, not your crypto" mantra.