The answer is "Yes". King Crimson can negate Time Stop. Time Stop happens in less than a second. King Crimson erases up to 10 seconds. King Crimson's ability does not run out during time stop, because time has stopped. There are no more seconds passing. The theoretical "10 Seconds" that pass during DIO's time stop are an internal clock for DIO. It FEELS like ten seconds passed when actually NO seconds have passed. Time can not pass in stopped time. That is the point of stopped time. King Crimson would skip over that AND ten seconds. And with Epitaph, Diavolo would see as soon as DIO or Jotaro tried to use time stop. Because they would likely use it to attack him. Diavolo would skip that instant second entirely. King Crimson would destroy The World or Star Platinum.