One of the main issues with STEEM that I noticed for years was that it doesn't have a wallet, and it's not supported by wallets such Atomic, Exodus or others. You either store the coins on your blog's wallet or an exchange and that is a nasty limitation for a crypto project. I don't know if Hive has a wallet but it sure needs one. Not every one in here would like to hold liquid HIVE on his/her blog's wallet or on a exchange.

I believe that bittrex will return the funds back and I would do the same. It's a responsibility that is not theirs and a game that they weren't invite to play prior to that transfer.

I don't know how laws work for crypto projects in USA but what Justin was trying to do is a theft and he should pay for that. He didn't actually do it because the knight came into play and screwed the plans... or he hasn't.

If the knight is Justin or some of his fellows then by doing all this masquerade he managed to earn time. The hard forked funds won't be used for voting anything anymore and they won't be available for dumping for a while. Hence he has the time to dump his before the price of STEEM tanks hard.

It's a nasty game and we can't say we know exactly what happened here. The knight might be a good guy or Justin himself. This type of issues ask for regulations and regulations are only screwing with the concept of decentralized cryptocurrency, and why not privacy that such currencies supposedly offered.

For me it's clear that we are not ready for decentralization and not mature enough to handle it. Otherwise such situations wouldn't occur. If cryptos can be traced, regulated, taxed and manipulated worse than any asset in the history than they're not that different from cash... This STEEM situation is a really shitty one and that shows how much is ahead waiting for us.