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RE: What is property? Is it defined by consensus?
I think you are overcomplicating the issue.
As far as we know, JS never bought any Steem blockchain tokens.
He bought the Steemit inc from Ned Scott and nothing prevents him from selling Steemit inc back to Ned or selling it to you, or selling it to anybody willing to buy it.
It's his property, yes.
He bought control of near 20% of the STEEM tokens Steemit controls (the ninja-mined stake). That's what all of this is about.
What Steemit inc controls ( or not ) is something for Steemit inc CEO to take care about.
If he ( or she ) belives the companies rights have been somehow violated he should sue the violators.