PI Network Under Scrutiny: Insider Wallets and Volatility Spark Scam Concerns

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-22 05:15:11

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

PI Coin’s recent price swings have ignited controversy. The token spiked to $1.60 during Pi Network founder Dr. Nicolas Kokkalis’ appearance at Consensus, then plummeted shortly after. Investigations reveal 22,000 migrated wallets belonged to the Pi Core Team rather than community members, with Piscan Official data showing nearly 10,000 controlled by insiders. These findings have raised market manipulation alarms, with some experts predicting PI could become 2025’s biggest crypto scandal.

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Pi Network Under Fire: Price Swings and Scam Claims Spark Crypto Community Debate

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