Latency in Current Project...Open new project no latency....

It will also cause the same problem problem but reverse/negative latency…
1st of all it messes with your ears when you’re playing, then actually records into the key-roll maybe 1/32 in FRONT of what you actually played…a mess.
if you go to the Master Bus, then on the inserts hold the ‘alt’ key on your keyboard and click on the bypass it will ‘power off’ the plugin.
I just had exactly the same with Ozone 9 as well, but doing this keeps all your settings, so you don’t need to go back through it again.