BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Pi Network Under Fire: Rug Pull Allegations Surface as Token Price Tumbles
Pi Network Under Fire: Rug Pull Allegations Surface as Token Price Tumbles
11
3
[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi Network’s launch of a $100 million fund to support real-world Pi Coin projects has been met with skepticism following a post-announcement price decline. crypto analyst Dr. Altcoin has accused the Pi Core Team of executing a quiet rug pull, using hype to artificially inflate the token’s value before withdrawing profits.
The community feels betrayed, pointing to a lack of utility despite years of development. Criticism has intensified over a March video featuring the co-founder’s wife promoting the ecosystem’s six-year buildup, with claims that investors were misled.
By:
Previous
Pi Network’s Ambitious Vision Faces Structural Challenges Despite AI and Ecosystem Growth
Next
Pi Network Under Fire: Rug Pull Allegations Emerge as Price Tumbles and Community Trust Erodes
