Any megaETH sale participant who locked their tokens for a year is required to (i) acquire the tokens for their own account without any resale or transfer intention, and (ii) refrain from any transfer, resale, or hedging transaction that would violate applicable laws. Anybody who goes into twitter and openly discusses plans to OTC and hedge their positions will receive a refund and zero allocation. the sale was 28x oversubscribed. it makes no sense to allocate tokens to someone who wants to sell them before they even receive them. it is better for megaeth and other mega holders if we allocate these tokens to people that are bullish on mega and are at least willing to hold through the lock period that they themselves requested On a separate note, I don’t think @icobeast is an evil person and the reaction is overblown. Not a great streak of tweets though ngl.
incase it’s not clear ico beast will be receiving a refund and the allocation will be distributed to other sale participants
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