Any fork like this people have to decide whether to respect the fork or go their own way. If the bulk of the community goes the same way, so it goes, if not then you end up with two surviving forks, or potentially none at all if confidence is sufficiently shattered.
You can make moral arguments about what "should" or "shouldn't" be done through forks but it can never really be prevented, and is just how reality works. That's the nature of permissionless software. One can also make subjective and predictive arguments about what would be good or bad for the value of the network (which flows through to the value of any tokens on the network), but these are uncertain, and ultimately the market may not agree.
That being said many blockchain projects these days are not really permissionless, as they have some centralized "foundation" or "developer" or "company", which has more authority to make these kinds of decisions, and could be held responsible for wrongdoing. That may change the analysis in various ways, including legally.
RE: Juno Network Community Votes To Remove The Whale Assets