Influencers

MegaETH rescinded a $1 million token allotment for crypto influencer IcoBeast after a social post outlining hedging plans. The move highlights stricter issuer controls around token sales and influencer conduct.

MegaETH withdrew a scheduled $1 million allocation to influencer IcoBeast after a social post revealed hedging intentions, raising fresh questions about influencer roles in token launches. The cancellation highlights volatility risks in memecoin markets and distribution governance.