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Steem plans to freeze another $ 5 million in tokens associated with Hive supporters

May 20, 2020

The controversy surrounding Justin Sun’s use of the Steem (STEEM) network continues to grow. Steem Freeze another $ 5 million in tokens held by Steemit witnesses and stakeholders.

The network validators associated with Sun., called “witnesses”, You have approved the decision to freeze 23.6 million STEEM tokensAccuse account holders of an existential threat to the Steem network.

However, Critics claim that the hard fork vengefully punishes users who oppose the inauguration of the Tron founder and support Hives hard fork in March, a community-led fork that freezed the founder’s reward that Sun had received with Steemit and excluded him from the new network.

Steem plans to freeze another $ 5 million in tokens associated with Hive supporters
Steem plans to freeze another $ 5 million in tokens associated with Hive supporters

The hard fork follows a soft fork that has frozen the 17.6 million STEEMs that the old witnesses had last month.

Steem plans to freeze $ 5 million in user funds

The programmed fork code contains the names of 64 users whose accounts and credits are frozen with the next update.

In an interview with Joind, the current witness of Steem, Triple A accused the holders of the accounts subject to the diversion of “spreading false news”., “Write offensive and useless spam comments” and “Attack users publicly, collect personal information and threaten death”.

But ‘pharesim2’, the Twitter and Steem user who will soon be sanctioned, He said the witnesses “accuse us of all criminal activity without providing any evidence”.. Added: “My share is currently worth more than 80,000 euros. I bought 500,000 last year.”

“They also call me Dan” tweeted that the update will confiscate $ 600,000 of its funds.

Affected users file a pending class action lawsuit

In response to the fork, Targeted users ask the cryptocurrency community to send a letter to the exchanges asking them not to implement the hard fork proposed by Steem, civil liability threatens if they support the fork.

In response to the controversy, the founder of Ethereum (ETH), Vitalik Buterin, tweeted: “Shouldn’t all Steem users switch to Hive now?”

Justin Sun. replied to Buterin’s tweet with “Shouldn’t all # Ethereum users switch to #TRON now?”

At the Virtual Blockchain Week earlier this month Sun criticized Hive for wanting to freeze his funds and accused the theft project.