Why are we assuming Sun has basically bought a load of Steem? If it's a company takeover won't the fee have been paid for in Fiat? Where are the transactions on the Blockchain for this huge transfer of Steem ? If it exists, surely someone has interrogated the chain to discover it?
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He bought Steemit Inc. that has a ton of Steem. That Steem belongs to the company's owner aka Justin Sun.