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Pi Network Under Fire: $8B Scam Allegations Surface as Token Value Plummets 50%
Pi Network Under Fire: $8B Scam Allegations Surface as Token Value Plummets 50%
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Crypto investigator Atlas has raised alarms that Pi Network could be orchestrating 2025’s largest rug pull after a sudden dump of 12 million tokens caused its value to drop by 50%. This mass sell-off has triggered widespread fraud suspicions among investors and market analysts.
Years of delayed reward distributions and minimal progress in decentralized application (dApp) development have significantly weakened trust in PI Network’s utility. Additional concerns over privacy breaches and insider token sales have further intensified accusations of a pump-and-dump scheme.
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