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RE: Justin Sun Conversation with Witnesses Is Online. @Ned Sold Out The Community - Failed to Disclose.

in #steem5 years ago

Did Ned just pull a fast one on Justin? Justin really should have done his homework regarding Steem and DPOS blockchains in general.

The sad part is that those exchanges were dragged into this scandal that could have been avoided by proper full disclosure of information between the parties in the transaction.

But powering up clients' Steem tokens to help out Justin is definitely not good business practice on the part of those exchanges. And Justin should have really done his research regarding Steemit Inc. the Steem blockchain and the Steem roadmap documents before acquiring it for a quick flip and profit.

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@48:25 of recording - NDA is mentioned.

Non-disclosure agreement.

A non disclosure agreement is a legal contract in which the parties involved agree to keep the information included private. This type of contract creates a confidential relationship between the parties, and protects the confidential or proprietary information outlined in the agreement, as breaching a non disclosure agreement generally subjects the party to severe civil penalties. To explore this concept, consider the following non disclosure agreement definition.


It's very possible that Justin and Roy know exactly what they purchased but are playing like they are unaware of the promises made to the community and it is part of the NDA they entered in with Ned. That is my read on the situation.

Nah shit, millions of dollars and teams of lawyers say "deal with it"

You’re a fucking phony @steemservices!!!!

He did make a reasonable comment though.