RE: Was There A Contract?

There was no contract. I have no doubt Ned made promises. Companies are started and founders receive stake or common shares. It's Ned's property to do with as he wishes. He decided to sell it. If the witnesses wanted to pin this down, it should have been done many, many moons ago through the chain. I believe Justin Sun can and will put more stake in to protect his investment.

What the exchanges did should not surprise us knowing how it has been preached for years what a terrible idea it is to park tokens there.

Prepare for the inevitability of a fork.