According to a recent report from BlockBeats news, the developers of Cosmos, known as Interchain Foundation, recently sold 4,000 ETH (equivalent to around US$9.5 million) that was originally raised during their ICO back in April 2017. This decision was made approximately 27 hours ago, as reported by Ember Monitor.
Since the end of April this year, Interchain Foundation has sold a total of 15,100 ETH, which amounts to roughly US$37.09 million. This selling activity has taken place over a span of more than 5 months.
Back in April 2017, the Cosmos developers were able to raise around US$17 million through their ICO, which included 4882.7 BTC and 246,891 ETH. You can find more details about this news in the source article here: [source](https://m.theblockbeats.info/news/265799)