Skip to content
TrackPodcasts
businessMar 2, 202018:32pending

#17 - Justin Sun Colludes With Binance to Destroy Steem Governance

About this episode

Today I woke up to some saddening news. Something that I could have never anticipated.

Justin Sun has taken control of the top 20 witness spots on the Steem Blockchain. He now controls all of the top 20 delegated proof of stake block produces. Meaning that he can do anything he wants to the Steem Blockchain and there’s not a damn thing we can do to stop him.

This is the exact reason why the soft fork was put into place — to keep this shithead from doing something like this and taking over OUR blockchain. OUR community’s home.

How did he do it though? I was so confused… that is, until I saw the transaction data.

He did it by paying Binance and Huobi something on the order of half a million USD+ in bribes to STAKE ALL OF THE STEEM held on their custodial exchanges and use it to proxy vote Justin Sun’s witness voting account.

We can’t fully confirm that these were bribes, but millions of STEEM being sent to the exchange accounts from Steemit, Inc. accounts minutes after the proxies are set?? If it looks like a bribe and smells like a bribe….

In this video, I am a bit heated. This is a passionate subject for me.

Steem is not dead. Far from it. We are not the Steem Blockchain. We are a community of Steemians. We can live and thrive anywhere, regardless of what our banner is called.

Links Mentioned:

  1. Steemleo Tweet Thread with live updates on breaking news: https://twitter.com/steemleo/status/1234511916611112967
  2. User Funds being locked from withdrawal on Binance https://twitter.com/FeruzM/status/1234552656783343616
  3. Transactions indicating possible bribes to exchanges like Binance and Huobi https://steemd.com/@misterdelegation
  4. https://steemd.com/@deepcrypto8
  5. Proxy voting account held by Justin Sun https://steemd.com/@dev365
  6. Current Top 20 witnesses — all controlled by Sun https://twitter.com/steemleo/status/1234512765550841858/photo/1
  7. Steemit’s Bullshit Letter explaining their collusion and corrupt activities https://steemleo.com/tron/@steemitblog/an-open-letter-to-the-community-hf22-5

Our Community:

https://steemleo.com is an online community for crypto & financial content creators, powered by the LEO token economy.

Learn more about our community at https://steemleo.com/faq.

Trade Steem-based tokens on Leodex at https://dex.steemleo.com.

Buy & Sell Digital Products and Services with STEEM & LEO on the Leoshop at https://shop.steemleo.com.

Get every episode summarized

Each time The LeoFinance Podcast publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.

Email me new episodes

Free for 3 shows. No card needed.

Hosts & guests

No transcript yet

This episode has not been transcribed. Request it and it moves to the front of the queue.

#17 - Justin Sun Colludes With Binance to Destroy Steem Governance

The LeoFinance Podcast

0:00
18:32

More episodes

More from The LeoFinance Podcast

View all episodes →