Sadly he is right about the “power obsessed witnesses” — They started Hive by seizing funds. And not just a hand full of bad player. They used a script which searched for any account related to bad player.
With the result of dozens of innocent accounts being punished. And when questioned it was “Better a hundred innocent accounts being impounded then one bad player keeping his funds.”
Sorry but no, that's not how justice works.
Not everything is as simple as you might think at first sight. You can talk about it endlessly, but everything is going as it is, time will show which project is more successful...