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.
**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.*