Warning: Steem witnesses executed a hard fork on 2020-05-20, seizing 23.6M STEEM from 65 accounts. The funds were transferred to an account named @community321, the ownership (and intentions) of which have not been revealed. The witnesses claim to have been targeting accounts which defended against a hostile takeover in early March, but at least 2 accounts on the list have been inactive for over 4 years.

Coverage:
- Decrypt.io: Steem network to seize $5 million from its own users
- SteemPeak.com: Official Announcement by @softfork22888
- GitHub.com: view steemd HF23 changes

What you can do:
- Send exchanges a notice of the pending class action lawsuit.
- Switch to HIVE, the community-led fork. Visit Hive.blog and Hiveblocks.com.

The Steem Torch has been passed to actifit by steemtorch

View this thread on steempeak.com
· @steemtorch ·
$1.13
The Steem Torch has been passed to actifit
![](https://cdn.steemitimages.com/DQmTNz4TRLt4RQLerVqwns4dDsDrrzr3e4g2XQx3yqfAMWM/image.png)

**The Steem Torch has been passed!**

@definethedollar passed the torch on to @actifit
The torch contains **657.5000 STEEM**

As of right now, the torch has been passed **159 times**.

# What is the Steem Torch Experiment?

You can read about it [here](https://steemit.com/steem/@geekgirl/steem-torch) but to quote @geekgirl's original post.

*Steem Torch is an experiment to demonstrate the speed and trust in transferring value on Steem social network.*

*Steem Torch Keeper is a user who received a Steem transfer with "Steem Torch Experiment..." memo and is about to pass it to the next user.*
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