Thank you all for your replies. I wanted to get back with an answer sooner, but unfortunately I had no good news to share ;-)
After 2 weeks coming and going with low tier support representatives on MS, I finally got a call scheduled for today. This was after I had unistalled and installed office 2 times and OD 5 more times. All of them trying to get out of Insider Preview program. I had even to get a Windows machine to log into and see if I could opt out of Insider preview from Windows... (it didn't work...)
So, just 20 minutes before the time set for the call I received an email from MS, saying this issue is now a known bug for OD on Monterey and they're working on it, with a solution expected for early 2022 (as Adam075) mentioned. So, they would not call me.
That was not what I expected, but, at least I got to know that they were aware of the bug, something all previous representatives didn't have a clue.
But I still wanted to get out from the Insider Preview program, so I asked for some help in this matter.
First they've sent me to this link:
https://insider.office.com/en-us/handbook
I tried to do what it says, but, as for many guys here, the insider preview check box was checked and greyed out, so I could not uncheck it.
After some coming and going, they've toldo me to do this:
Open any Office app (except for OD)
Click Help > Check for Updates.
Select the Join the Office Insider program to get early access to new releases check box.
Clear the Join the Office Insider program to get early access to new releases check box.
Uncheck the last two boxes>>Shut down all office Apps and relaunch
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I then tried again to open OD and this time the check box was unchecked and not greyed out. So I could uninstall it (version 21.245) and install again and get version 21.230.
It didn't solve the bug, but, at least I'm out of Insider Preview. Insider preview got us into this bug a month before the rest of OD users ;-(.
I'll keep an eye open to see when they release the solution on Insider preview, and maybe i'll opt in again... But, for now, I'm tired of all this mess with MS OneDrive and Monterey. They updated they software with very little regard for quality and user file safety. Keep wondering if I should be considering other solutions as Google Drive, Dropbox, or box...
Hope you all be good and they fix this soon!
Merry Xmas