Pi Network is urged to take action when users demand transparency.

robot
Abstract generation in progress

Recently, while the core team of Pi Network has issued a new security guide for wallet users, the community's attention has shifted to a more serious issue—the disappearance of tokens after the migration process.

In recent days, users have utilized social platforms to express their growing dissatisfaction. According to numerous posts, even those who have passed the Know Your Customer (KYC) test and strictly followed the project's guidelines have reported that their wallet balances remain at zero. Some even claim that multiple wallets have been created under their accounts, adding to the confusion about the actual location of the coins.

This reaction comes in the context of the core team of Pi Network calling on users to be more vigilant against scams and phishing attacks. In recent announcements, they warned that anyone sharing their private wallet phrase risks losing permanent access to their Pi coins. However, for users who have followed the process but still have not received tokens, these warnings seem out of place.

One of the strongest users, Haifeng Chen, did not hesitate to demand answers from the team and accused them of dragging out this process for years. Many others also joined the discussion, with some calling the entire project a scam, while questions arose about a recent transfer of over 270 million Pi tokens from a fund wallet, raising suspicions.

James Zito, a prominent community leader and long-time supporter of the project, has also expressed concerns. Although he has completed all the migration steps, he acknowledges that there are many complaints from users and calls for the Pi Core Team to take responsibility. He emphasized that the situation needs to be resolved before the upcoming Pi2Day celebration on June 28, while also calling for transparency and dialogue.

Sharing the same view, Dr. Altcoin, another prominent figure, reminded the team that the Pioneers have sustained the life of the network through many years of dedication—and now, the responsibility lies with the leadership to respond with clear actions and accountability.

Meanwhile, there are many discussions surrounding the possibility of implementing the second phase of the mainnet migration. If carried out, this could create opportunities for users who were left behind during the initial rollout and may help restore confidence in the project. However, currently, many are still waiting, watching, and wondering when—or if—the Pi coins they have earned will appear.

Mr. Teacher

PI1.14%
B8.7%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
0/400
GateUser-14c63161vip
· 06-08 18:27
Hold on tight, we're taking off To da moon 🛫
View OriginalReply0
GateUser-14c63161vip
· 06-08 18:27
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
HoardingPiCoin'sStickyBeanBagvip
· 06-08 14:11
Steadfast HODL💎
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)