Foresight News reports that the Kinto token K has plummeted from $7.5 to $1.1 in the past hour and a half, a decrease of 85%. The current circulating market cap is $2.21 million, with an FDV of $12 million. In response to this event, the Kinto team stated that they are conducting their own investigation and are collaborating with third parties (Hypernative, Seal 911). An announcement will be made as soon as they have a clear understanding of the situation.