Well it all comes like this the steem pre mined would be invested to make steem better.. now ned cashed out instead of putting it on the exchange he sold steemit and the 25% of the pre (ninja)mined steem to a business man. That business man want to make money from that yes who don't... If I would buy 1 million euro worth of steem what I said when I would win the lottery of course I want to make profit from that.

But the thing is the witnesses wanted the security of the block chain and Justin wants to do with his share what he wants.. this is like the 51% attacks of Bitcoin last year and year before.

Steemit is the front end like esteem it's not the blockchain steem.

The real problem is ned ninja mined steem and said yeah I will use it to cover the costs and the development of steem. Now he sold that ninja mined steem. His account was almost frozen because he wanted to sell it on exchanges a year back.

there were rumours that steem would be converted to tron. Tron didn't answer the calls and questions of the top 20 witnesses that's why they temporarily froze that account.

Now Mr sun wants to get rid of that 25% asap...

this one is before the interview with mr sun.

This is the meeting with the witnesses, tron and Mr sun.

I'm not for or against Mr sun and the witnesses..

But I'm against to the bone freezing accounts and exchanges who are meddling in wars it's a hostile takeover in my opinion.. The damage is done the president is made... blockchains who freeze accounts exchanges who are meddling in wars/hostile takeovers.

What would people do if Bitcoin was taken over and it would be named porncoin and the mined profit would go half to the new owner.. so the miners income get halved everyone invested a lot that investment would be lost because the new owner decides to change the miningprotocol so all hardware is rendered useless this without a hardfork... what would people do? It's like the same with steem now.

Steemians must also give up on every businessman with a big wallet ohh he has a big wallet welcome spend your money... everyone wants to earn his investment back... that's the way the world works...

But the real background is this... The steem wasn't neds to sell... o r with the same conditions but Mr sun wouldn't have paid that much for that steem .. it was then more workcapital..