1I was forced to sell the account as the user had defaulted on his loan
Oh please. Who forced you to take the account as collateral?
Let me put this another way. You didn't give a shit if someone ended up scammed by a Hero account, or if the buyer ended with a worthless account (as is the case now with the red trust) because of a piddly ~$20 you expected to make from that loan.
1. I wasn't forced to take the accounts as collateral, but I returned recently and without checking if accounts are a still possibly valid collateral, I went ahead and accepted them as one. It was my bad, but as soon as someone pointed it out, I immediately made relevant changes.
2. Let's talk of a case where the account (or any other damn thing) is sold, the seller as a matter of fact has no control whatsoever on what the buyer does with it in the future. How about that a newbie would use the already leveled up account constructively instead of for scamming? Had you been equally rebellious if the same user made some really valuable contribution?
Users who make valuable contributions don't need to buy accounts like that. They can happily contribute with a Copper account for a fraction of the cost or even for free if they don't mind a 6-minute wait between posts.
3. Please understand that I do not support the act of selling accounts, and also that it was nothing more than a mere act of liquidating the collateral.
Once the account is handed over to the buyer, I completely have no control of its activity.
Ain't collateral meant for liquidation in case the loan is defaulted upon? No one waits hoping for the lendee to pay the loan back!
Similarly, if a loan defaults, its collateral is sold, which in this case was the account, so I put it on sale to stop my loss.
I'm getting a feeling that you don't really understand even the basic premise of the issue.