https://twitter.com/TheycallmeDan_/status/1235314512347238405

How is it possible Justin Sun paid alleged $10M for the deal if he can't sell 70M Steem owned by STINC? The bottom line is that they both are lying.

Ned is not owner of the 70M stakes according to Steem white paper and other communication, but he sold to JS for whatever he want to do with that.

Most probably, Ned convinced him.

Justin's initial idea was transfer everything to TRON and then sell those stake with another extra tokens creating out of thin air. He just backtracked seeing the uproar from the community.

Later, JS thought he can spend minimum money to pump it and dump it for better ROI since he paid for the 70M steem.

Posted via Steemleo