Binance, Huobi, and Poloniex mobilize customer deposits to oust Steem witnesses

The apparent coup was facilitated by Binance, Huobi, and Poloniex, who staked enormous numbers of STEEM tokens to vote in support of removing the previous witnesses.

The top five voters commanded 208,414 votes and represented 4 or 5 voters each. The three next largest voters command between 88,000 and 90,000 votes, however, they represent between 9,700 and 14,000 voters.

The attempted takeover appeared to have been powered using the deposits of the exchanges’ customers, with numerous anecdotal reports of delayed withdrawal times for large Tron (TRX) withdrawals on Binance circulating across crypto-Twitter.

Full Article and Source here...
https://cointelegraph.com/news/binance-reverses-vote-in-apparent-steem-takeover-steemit-comms-head-resigns

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