What is the update to this? It is like ETC holders and supporters are in denial of this and they are ignoring it. They all hail that the ETC from the white hat hackers will be returned but it might not be true. Is this the reason why ETC is going down this quickly?
I'd say that is the reason, as people like to avoid uncertainty.
But once the coins are sold we have clean blockchain
The ETC of the Ethereum Foundation and some big holders should be sold to the people who like to own that.