Indeed it was, this is a comedy post thus the humor.
It came to my attention that you are a
steemit promoter
For anyone who is new to steemit vs hive, here is a quick recap.
Steemit is a security risk and we do not support it being used in any way. The protocol its based on was compromised in an attack called a "51% attack".
Steemit was compromised on March 2, 2020, when a hostile takeover occurred. This event was triggered after Justin Sun, the founder of Tron, acquired Steemit Inc. and used a large amount of STEEM tokens from the Steemit platform to influence governance. This led to a hard fork and the creation of a new blockchain called Hive, formed by the Steemit community as a decentralized alternative.
Order Regarding Settlement and Disbursement of Interpleader Res, Bittrex, Inc. hereby notifies the Court and the Parties that Bittrex has disbursed the disputed funds consisting of 8,752,313.006 Steem and 294.207 SBD to Plaintiffs in the manner directed by Plaintiffs.
There are two separate things here...
FIRST... Justin Sun's influence in the crypto industry led to his successfully having some Steemians' funds frozen on exchanges. I don't think it was only Bittrex, but other exchanges as well. I don't think all the frozen funds were returned to the rightful owners, either. Although I was on-chain during this time period, I can't remember *exact* names nor *exact* amounts of funds involved, and the details of all has become fuzzy in my brain after five years. If you were to ask TheMarkyMark, GuiltyParties, Pharesim, or some of the other "big players" on the platform, I'm sure they could provide more details than I can.
SECOND... When the Steem blockchain went "live" in March 2016, it was designed to be a Delegated Proof of Stake (DPoS) blockchain with __no__ mining (Proof Of Work) involved. However, the blockchain went "live" very quietly with only a few users for quite a while. During that time period, Steemit,Inc. (the company who launched the Steem blockchain) accumulated quite a large amount of STEEM coins in their wallet and thereby had an impressive amount of Steem Power (SP) when the chain was finally announced publically and others joined the chain. That large stash of STEEM and SP is the "ninja mine" or "ninja stake" -- called "ninja" because it happened quietly in a private setting when few people could see it happening.
It was the presence of this "nina stake" that gave the Steemit,Inc. corporation a large, controlling share of the Steem blockchain. And that is what made it a lucrative investment for Justin Sun to buy Steemit, Inc. BUT, the "ninja stake" is a completely separate thing than the funds that were stolen/frozen during the March-2020 takeover by Justin Sun.
Indeed it was, this is a comedy post thus the humor.
It came to my attention that you are a
steemit promoter
For anyone who is new to steemit vs hive, here is a quick recap.
Steemit is a security risk and we do not support it being used in any way. The protocol its based on was compromised in an attack called a "51% attack".Steemit was compromised on March 2, 2020, when a hostile takeover occurred. This event was triggered after Justin Sun, the founder of Tron, acquired Steemit Inc. and used a large amount of STEEM tokens from the Steemit platform to influence governance. This led to a hard fork and the creation of a new blockchain called Hive, formed by the Steemit community as a decentralized alternative.https://storage.courtlistener.com/recap/gov.uscourts.vawd.119172/gov.uscourts.vawd.119172.120.0.pdf
Order Regarding Settlement and Disbursement of Interpleader Res, Bittrex, Inc. hereby notifies the Court and the Parties that Bittrex has disbursed the disputed funds consisting of 8,752,313.006 Steem and 294.207 SBD to Plaintiffs in the manner directed by Plaintiffs.There are two separate things here...FIRST... Justin Sun's influence in the crypto industry led to his successfully having some Steemians' funds frozen on exchanges. I don't think it was only Bittrex, but other exchanges as well. I don't think all the frozen funds were returned to the rightful owners, either. Although I was on-chain during this time period, I can't remember *exact* names nor *exact* amounts of funds involved, and the details of all has become fuzzy in my brain after five years. If you were to ask TheMarkyMark, GuiltyParties, Pharesim, or some of the other "big players" on the platform, I'm sure they could provide more details than I can.SECOND... When the Steem blockchain went "live" in March 2016, it was designed to be a Delegated Proof of Stake (DPoS) blockchain with __no__ mining (Proof Of Work) involved. However, the blockchain went "live" very quietly with only a few users for quite a while. During that time period, Steemit,Inc. (the company who launched the Steem blockchain) accumulated quite a large amount of STEEM coins in their wallet and thereby had an impressive amount of Steem Power (SP) when the chain was finally announced publically and others joined the chain. That large stash of STEEM and SP is the "ninja mine" or "ninja stake" -- called "ninja" because it happened quietly in a private setting when few people could see it happening.It was the presence of this "nina stake" that gave the Steemit,Inc. corporation a large, controlling share of the Steem blockchain. And that is what made it a lucrative investment for Justin Sun to buy Steemit, Inc. BUT, the "ninja stake" is a completely separate thing than the funds that were stolen/frozen during the March-2020 takeover by Justin Sun.