Good day ladies and gentlemen, this is your host DEDSEC on air reporting the latest dramas and beef that take place on the cryptoverse.

In this episode I bring it to you live in 1Inch drama that has been taking place in their telegram chat for the past couple of hours.

The issue at hand would be the unlock if 214,000,000 1Inch tokens being added to the circulating supply of the project without any announcements in a single day.

An unlock was scheduled for Dec 31st as per their own site but they seem to have failed to flow it causing investors to be even more worried.

The Russian telegram chat has been locked due to alleged "bot attack" and the admin states "this fud will not make anyone better"

1inch declined to comment on the situation with us but we will make sure to update if there are any developments. Thanks for joining the CryptoDrama enjoy your Christmas.

Edit: The 1inch team has made an announcement about the issue:

"The December 2021 1INCH token unlock occurred as planned, which led to an increase in the 1INCH circulation supply. The 1INCH circulation supply data on Coinmarketcap and on the 1inch Network's official website are correct. The 1inch community can refer to these resources for up-to-date data on the 1INCH circulation supply.

The 1inch Network has no control over the circulation of the 1INCH token on the secondary market and bears no responsibility for any market activities with the token. However, to minimize opportunities for market manipulations, the 1inch Network never revealed a specific roadmap or provided exact dates for token unlocks.

The time marks on the charts on the website and in the 1INCH distribution blog post were never meant to specify exact unlock dates.

The exact meaning of “unlocked over a four-year period through December 30, 2024" is that an unlock could occur on any date of each given month of the token unlock schedule."