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Cryptocurrency News Articles

"Pi Network is a Scam"

Mar 15, 2025 at 07:12 am

"I'm beginning to believe now truly that the pi network is a scam. A platform that I submitted my KYC for many times and followed their due processes"

"Pi Network is a Scam"

People are beginning to realize now truly that the pi network is a scam. A platform that I submitted my KYC for many times and followed their due processes, I even did other people's own and it worked perfectly but my own KYC they refused to approve till today.

I thought people are abusing Binance for refusing to list Pi

I think Binance noticed some sinister things about the team and the project

Any good exchange does everything possible not to prevent their users from potential rugpul

Can’t believe I’m saying this but PI now really looks like a scam. So disappointed in what should off been the most promising crypto project ever. PI team should hang there head in shame.

Today, on Pi Day, the global Pi Network community anticipated groundbreaking announcements from the Core Team, but silence prevailed, amplifying anxiety among Pioneers.

Concerns are escalating over the ecosystem's future, especially as some users reported unexpected issues like transferable coins reverting to “unverified” status due to pending KYC referrals.

This has sparked unease, leading to a sell-off that dropped Pi's value from $1.79 to $1.45. The community urges the Core Team to address these issues promptly and unveil utility-driven features to strengthen the ecosystem.

Pioneers were hopeful for real-world integrations, such as decentralized finance (DeFi) solutions, NFT marketplaces, and partnerships with global businesses. Transparency and timely communication are crucial to restoring confidence and ensuring Pi's long-term success.

....🚨🚨🚨🚨...

...

...

📢📢📢Pi network.

As I expected and said, PI day brings absolutely nothing for users and pioneers. A scam that will very quickly fall into oblivion due to the disappointment of its community. Pioneers who are not allowed by the application to receive their earned pi coins. The official email address is completely useless, they have no customer support..decentralization? Ha, what a joke!

But the hype that arose because of all this was of crucial importance only for the creators themselves. And you still think differently. It's all actually a beautifully packaged scam that Binance and Bybit refused to be a part of. That's an extremely wise decision on their part. However, I'm sorry that so many people expected that typing on a screen would change their lives. But, hey, that's the world of crypto currencies.

#Write2Earn #PiScamOrNot $BTC $ETH $BNB

_

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🚨🤣🚨🤣📢📢📢ANOTHER ARTICLE

📢📢📢Shocking Scam! Pi Coin Bloodbath of 30 Million People: Is a Stanford PhD Actually the King of Pyramid Schemes?

1. Regulatory Iron Fist: The Ministry of Public Security Qualifies the World's Largest Air Coin Harvesting Case

International Manhunt Launched

In February 2025, Chinese police froze 18,000 related accounts, arresting 37 core promotional leaders, with involved funds exceeding 23 billion yuan. A certain 'Pi coin team leader's' mansion was found to have bundles of cash, and the garage was filled with a fleet of Rolls-Royce cars purchased with illicit funds.

Judicial Appraisal Solid Evidence

The report from the Shanghai Blockchain Judicial Appraisal Center shows: The Pi coin mainnet is actually a centralized database built on Alibaba Cloud servers, with a plagiarism rate of 91%, and transaction records can be arbitrarily tampered with.

2. King of Pyramid Schemes: Revealing Pi Coin's Four-layer Harvesting Pyramid

Top Level: The Astonishing Lie of a Stanford PhD

Founder Nicolas Kokkalis exposed for having long exited the team, the official website photo is a stolen old photo from his 2015 academic activity

Technical white paper plagiarized from Cardano, Polkadot, and other public chains, key chapters generated by AI

Mid Level: The Secret to Becoming Rich from a Million-Person Team Leader

High commissions for developing downlines up to 32%, a housewife in a third-tier city earns 800,000 a month by recruiting people

Brainwashing Script Library has 478 entries, including 'Not mining Pi is giving up on class crossing' and other mind control scripts

Bottom Level: The Blood and Tears Gold Rush Dream of Middle-aged and Elderly People

60% of users are over 50, some are mortgaging their properties to acquire others' Pi accounts

A retired teacher from Hebei invested 380,000 of their retirement savings, ultimately their account value went to zero

3. Technology Mirror: Unmasking Pi Coin's Emperor's New Clothes in Three Minutes

The Truth About Fake Chains

Transaction Processing Volume (TPS) is only 7, less than 1/10 of Bitcoin

The block explorer shows that 73% of nodes are controlled by the same IP segment

Air Mining

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Other articles published on Mar 15, 2025