MegaETH giveth and MegaETH taketh away.
Namik confirmed that
@icobeast's allocation has been refunded.
Is this the right thing to do?
Firstly, its well within their rights to do such a thing, and it's also true that hedging is a violation of the agreement.
With that said, this is a tough one:
- I'm not sure if ICO was serious about finding OTC. There isn't any evidence that he actually tried.
- Still, its absolutely not cool for an investor to publicly joke about hedging their investments π
How I see it, this is just the growing pains of public sales. Traditional investors know these rules.
It's becoming increasingly important for teams to pick who participates in their public sales as carefully as they would with private ones.
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