At approximately 0300 EVE in the Amamake system, a fight broke out over a HYDRA Reloaded Keepstar.
The fight rapidly escalated into a titan brawl, and at the time of writing between six and eight titans have already died, with more cropping up according to the battle report. Dreadbomb., Purple Helmeted Warriors, Freight Train Diplomacy and The Knights of Evermore lost multiple Erebii and Avatars, compared to a single Leviathan lost by Snuffed Out (again, at the time of writing).
Noted Freight Train FC and military advisor Zed Starshine lost his personal Erebus in the fight, the most expensive titan lost in this brawl.
The preliminary report also has more than a trillion ISK killed overall, and is ongoing. INN will bring you updates to the story as events continue.