[Crypto KOL's $1 Million MegaETH Token Allocation Revoked for Violating Lock-Up Rules] Crypto KOL IcoBeast had their $1 million MegaETH token allocation revoked after publicly stating their intention to hedge their MegaETH token distribution, which violated the rules associated with the one-year lock-up period. MegaETH Chief Strategy Officer Namik Muduroglu posted on X, emphasizing that participants in the MegaETH sale who lock up their tokens for one year must adhere to the following rules: tokens cannot be resold or transferred, and no transfers, resales, or hedging transactions that violate applicable laws are allowed. Muduroglu stressed that the token sale was oversubscribed by 28 times, and allocating tokens to participants planning to sell immediately is meaningless. Priority will be given to investors willing to hold the tokens.