https://uncrunched.com/2018/02/18/the-real-history-of-techcrunch/
Indeed, it does not.
You could even see it reflect on the price, look at the last few sell orders on Idex (the biggest volume exchange for CRPT right now):
Date Type Price (ETH) Amount (CRPT) Total (ETH)
2018-02-19 20:16:03 Sell 0.00004099 5700 0.233643
2018-02-19 20:16:03 Sell 0.00000001 10708.47380859 0.00010708
2018-02-19 20:15:53 Sell 0.000091 5534.84674751 0.50367105
2018-02-19 20:14:43 Sell 0.000099 3000 0.297
2018-02-19 20:12:54 Sell 0.00017 3058.66328163 0.51997276
2018-02-19 20:12:45 Sell 0.00017001 3058.66328163 0.52000334
2018-02-19 20:12:45 Sell 0.00017 2823.68965955 0.48002724
2018-02-19 20:12:31 Sell 0.00020011 1100 0.220121
2018-02-19 20:12:09 Sell 0.000405 1005.85092 0.40736962
Dumping pretty hard to ridiculous levels.