Steem Soft Forks to Sanction Mysterious ‘Community321’ Account

Steem has implemented a soft fork to prevent the controversial “community321” account from making transfers, following the account’s transfer of nearly 24 million STEEM to an exchange in response to a hard fork aimed at freezing these funds.

Steem officials assert that the hard fork was designed to safeguard the community from harmful actors. However, critics argue that the true intention was to penalize supporters of the Hive hard fork by locking their assets.