https://cryptobriefing.com/tron-executes-hostile-takeover-steem-exchanges-collude/
I thought the above article gave good information on what's happening with Steem. It breaks it down really nicely. The most surprising thing to me was 's statement which indicates that he was at least unhappy about the obligations concerning the ninja-mines stake. He goes as far as saying "No pre mine, no investors" Which may be true but I would go a step further and say "No promise, no investors either."
If you want more background, I found 's blog useful, especially the post about Binance.