A developer known as Florent says he helped recover about 1,003 ETH, worth roughly $2 million at current prices, that had sat trapped in a 2016 initial coin offering (ICO) contract for nine years.
The contract belongs to HongCoin, also written as "The HONG," an Ethereum token sale from 2016 that was pitched as a community-run investment fund.
In an X thread posted early Sunday, Florent, who…