Co-Founder of Reddit Purchases 50,000 Ether

Co-founder of Reddit Purchases 50,000 Ether

Ohanian bought 50,000 Ether in 2014's cryptopresale for $15,000 at a cost of 30 cents per coin.

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He found the idea of a decentralized store of value attractive, partly due to his Armenian heritage, prompting him to take an early gamble on Ethereum.

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Reddit Co-founder Supports Self-Custody of Crypto Investments, Avoids Government-Prone Exchanges.

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