Yeah this is pretty bad. Ninjad stake getting taken out without any feedback, that could potentially be sold on the open market. If the STEEM really was to be used for development, then it should be sent to a separate account where funds would be used transparently.
As scary as this is what theyre doing, i dont think Ned is that big of an idiot to dump all the unfairly acquired premine STEEM on a exchange. Im not one to endorse violence but if he did do such a idiotic thing and hurt the livelihood of so many people, im sure someone would get so pissed off to find him and beat his ass to a pulp.
Being seen as incompetent is one thing. Being malicious is another thing completely.
Or contact some letter agencies like SEC and AG
Hi @lordbutterfly
I just don't understand the point of selling any resources at it's lowest price. It just doesn't make sense. Price is awful and there is almost no demand.
That would end his career in any project related to crypto.
If Steemit would really dump all those STEEM then Ned would be more famous than guys from Bitconnect are. Seriously it would be end for him and his team.
Cheers
Piotr