No there is no demand for money but they HAVE actually seizing it and refusing to release it without you waiving your rights, how is that differant than them attempting to take your money?
Extortion Definition:
the practice of obtaining something, especially money, through force or threats.
The threat is the terms and conditions and they have obtained our funds by freezing the accounts so I believe this is correct terminology unless someone can give me a better definition for their actions?
That's my concern too, but it seems that nobody is willing to answer the central question:
What happens when they cut-off my access to my own funds based on a change in their policies I don't agree with?How shall we name it?
I've searched for even a tiny new about the poloniex issue but the internet remains in apparent silent with the matter.