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RE: An Open Letter to the Community - HF22.5
So you mean witnesses started this hostile behavior without taking into consideration what the consequences could be? Looks to me like a plan that was quickly setup out of fear and the biggest shouters got their deal. Freezing their accouns was by far the biggest mistakes you guys made
Look, I didn't even agree with the SF after I found out about it. However, I give the witnesses props for taking action. There was provably a problem, as we're seeing now, and they did what they thought would work.
The laws they believed they were following weren't followed by @justinsunsteemit, and there is a point beyond which actions can't be predicted. Criminal acts by multiple exchanges does come under that shield IMHO.
The witnesses didn't steal the money, and didn't expect exchanges to steal their clients money, but that's what the exchanges did, albeit they might return ownership of those tokens to their owners.
The witnesses not predicting that criminal act is completely understandable.
Why would you assume anything criminal there? They have had Steemit accounts for a long time?
if anything I would have thought that the Witnesses interfering with with the Stake held by Steemit.inc was clearly a serious criminal act.
There's clearly some criminal behavior all around; between the owners, witnesses, and exchanges. We are probably talking SEC charges that would put many of them away for 10-20 years IF this wasn't an issue of funny money.
Luckily for them, it is unlikely this will ever be investigated.