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An early Ethereum ICO participant sold another 1,500 ETH ($1.76M) six hours ago. Since breaking dormancy on April 17, they’ve sold 16,500 ETH ($29.35M) at an average of $1,779, with 13,500 ETH ($24.82M) still held.



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An early Ethereum ICO participant sold another 1,500 ETH ($1.76M) six hours ago. Since breaking dormancy on April 17, they’ve sold 16,500 ETH ($29.35M) at an average of $1,779, with 13,500 ETH ($24.82M) still held.

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Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new app—funded with the proceeds from the VK sale—less as a business than as a way for people to send messages while avoiding government surveillance and censorship.

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