[Edel Finance Token Issuance Under Scrutiny, Suspected Internal Purchase of Over 30% of Tokens] According to a report by DLnews, blockchain data analytics firm Bubblemaps has discovered that during the EDEL token issuance by non-custodial lending protocol Edel Finance, built on EVM, on November 12, 60 wallets associated with the project team allegedly purchased over 30% of the tokens, valued at approximately $11 million. Co-founder James Sherborne did not deny the allegations, claiming it was part of a planned operation to allocate 60% of the tokens into a vesting contract. However, there is no public record indicating that this plan was disclosed in advance, and the tokenomics page on the official website also does not mention this arrangement. During the transactions, the tokens were transferred to dozens of wallets and moved in and out of Uniswap liquidity pools, a method often used to obscure transaction tracking. Sherborne did not explain why the tokens were acquired through purchases rather than being directly transferred to the contract. Edel Finance has also not responded to requests for comment.