It is a complex story with many different perspectives. I am aware of what the Witnesses did and although I may not be in full support of it I think they made the right call at that moment based on what was happening. Freeze until there was clarification.
The stake that Justin bought was promised by Ned to use for the good of the community through a gentleman's agreement. Obviously Ned is no gentleman and sold it on for personal profit.
Many investors got into Steem under the understanding that that was what Steemit's stake would be used for.
Let's hope everything can be resolved for both the good of Steem and steemit.