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RE: The Facts
I saw a good explanation as to why it can be considered theft. That got me thinking about a car I had that was stolen. I got it back and it was not damaged in any way, but it was still stolen.
So in light of that I changed my opinion.
My thinking at the time was that people will get it back. I have read stories about exchanges that have closed up shop and people lost everything they had in the exchange permanently !
Hopefully that will not be the case here.
At the time when i was making comments about not being stolen, I did not conciser the Steemit inc funds stolen ether. But in light of the above, maybe there is case to be made that it was stolen? I dont know
Presently I am informed that Binance and Huobi are powering down, so it does appear that they will be in a position to return the funds taken from their customers. Huobi has directly stated it will not use it's customer funds so again. Binance has apologized, but I am not aware of a direct statement from them they will not use their customer's fund likewise again. I hope the market keeps that in mind.
Stealing, as you point out, is taking someone elses stuff and depriving them of it. Even if the thief gets caught, or has a fit of remorse and returns the stuff stolen, the theft still has occurred.
If Binance and Huobi return their customer's funds, that will be good, and the right thing to do. I reckon they have still caused those clients financial harm in several ways, and expect that some of their customers who have suffered that harm will seek recompense. I do hope the exchanges justly compensate them, instead of forcing those injured parties to seek remedy in court.
Yes i listened to an interview with the ceo of Binance and he said that no customers funds were delayed . I am not sure if that is true but he did say it. That was a day or two ago. He also said that the next time they receive such a request they will actually do some due diligence.
CZ has said a lot of things that aren't true, because telling the truth about committing crimes is tantamount to confession. I can point you to more than one user on Steem right now that has posted their personal communications with Binance to get their money that Binance refused to provide with 'wallet maintenance' excuses.
The claims that no customers have been denied their funds is factually incorrect. CZ knows that and knew it before he claimed otherwise, which makes that claim a lie.
I know some people lie their asses off especially Politicians, prominent business people and witnesses, I dont get why I still feel so offended by it. I would have thought that the sting would have diminished over the years.
Things that harm us hurt. We've evolved to suffer when harmed so that we are motivated to avoid harm, and thus survive to breed. Evolution in action.