No, only 12 million Ether are in the hands of the devs. Around 60 million coins have distributed through the early investors of Ethereum. There was a crowdfunding where everyone have could be participated to get a Ether stake.
72 million eth was premined and is in the hands of devs. Hmm i wonder what could go wrong here...?
is this true? if this is true this coin will be doomed like darkcoin, initial fake pump succeeded by a very big dump