Well, the arbitration process is still in its infancy. There will be growing pains. The benefits of EOS having an arbitration forum and blockchain governance are too great, compared to the risks and problems. Yes, there was a lack of transparency with this decision; but it was an emergency action, while the EOS chain is still just getting started. The transition from ERC-20 token to EOS token had many opportunities for theft and fraud, so, I'm very willing to give the ECAF decision the benefit of the doubt. I strongly believe the arbitration system will improve over time, but I expected many difficulties (following the mainnet launch) during these early days. Good work, eosDAC!
RE: Arbitration Order #2018-06-22-AO-002