I would prefer limping with AK in EP on the first round of a SNG because as already stated by some respondents it is quite common for players to tag along with almost any semi-decent drawing hands even with a raise of 60. Anyway, the fact that you raised the flop missed it and someone led out, no shame in giving it up. It is the first hand and you still have plenty of chips. The way it played out, you most likely run into a set or at least 2 pairs. Give it up. Lots of crazies in these 33 buy-ins.