“Hail Mary” to Save Steem Funds Goes Awry Courtesy of Bittrex

A recent plan to prevent roughly $5m in tokens from being seized was initiated, but the effort fell short in the end. Not a week goes by without Steem making some sort of headline.for all the wrong reasons.

This new venture was an effort to prevent the hostile takeover of Steem as a project. All things considered, it seems as if this project is now truly dead in the water.

Timeline of Steem