You're mistaken. Hive was forked by nonconsensus witnesses. That's the difference, and it's a very big one.
If 20 people had made this decision instead of one no one would back down and stop calling this theft.
I don't think the Sybil attack really has anything to do with the logic behind calling this theft.
Would you rather that Sun stopped buying everyone's bags and dumped Steem sub 1 cent?
Would this also be theft?
This is what we all thought was going to happen anyway.
I think it's cool that they are trying to keep the project alive and stem the bleeding.
We all knew that Steem was fucked when this all went down.
I'm actually impressed they've made it this far.
We all got more money out of Steem than we were expecting.
I 100% agree that this is securities fraud, by definition, and Steemit Inc is likely going down for this.