I figured I'd share this with people who might actually care. I was cruising the AH as I usually do in the morning, and I saw this up for 19,800 buyout:
http://www.wowhead.com/item=52200/reins-of-the-crimson-deathcharger Edit: Apparently this is a scam? I am not thrilled if I just lost out on 20k.
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Doing some digging, it appears that if you bought the mount from the AH in good faith, it might not be removed, but there's still a chance it will be when they do fix the hole and mass ban those responsible.
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