https://cryptobriefing.com/tron-executes-hostile-takeover-steem-exchanges-collude/
I thought the above article gave good information on what's happening with Steem. It breaks it down really nicely. The most surprising thing to me was 
@ned's statement which indicates that he was at least unhappy about the obligations concerning the ninja-mines stake. He goes as far as saying "No pre mine, no investors" Which may be true but I would go a step further and say "No promise, no investors either."
If you want more background, I found 
@themarkymark's blog useful, especially the post about Binance.
