but no app itself allowed sponsored hacker's advertisement asked Passphrase key for free 314 pi coins so I lost my Pi coins.

🔥Is Pi Network a Scam? Let’s Look at the Facts!

Recently, a heated debate erupted between Bybit CEO Ben Zhou and Pi Network supporters, with Zhou labeling Pi as a scam. However, let’s take a step back and objectively analyze the situation.

1. Police Warning Misinterpretation

Bybit’s CEO referenced a Chinese police warning, but Pi Network clarified that this warning was about bad actors falsely claiming affiliation with Pi, not Pi itself. Every successful platform faces impersonation scams—this does not mean the platform itself is a scam.

2. 60 Million+ Engaged Users Over 6 Years

Pi Network has built a strong global community with over 60 million active users. Scams usually don’t last this long, nor do they maintain such engagement. The deliberate and methodical approach Pi Network has taken—ensuring full development before launch—shows a commitment to longevity, not a quick cash grab.

3. No Direct Conflict With Bybit

Despite Bybit’s strong accusations, Pi Network responded professionally, stating they never rejected Bybit, never requested listing, and never conducted KYB on Bybit. They also distanced themselves from the social media attacks against Ben Zhou. Their focus remains on their own development, not on drama.

4. Impersonation Scams Are Common in Crypto

Pi Network, like any major project, cannot control every unaffiliated individual misusing its name. Many reputable platforms have faced similar issues. That doesn’t make them scams—it makes them targets for bad actors.

Final Thoughts

Pi Network has its critics, but dismissing it as a scam without solid evidence is unfair. If Pi was truly fraudulent, why would it still have a dedicated following after six years of development? Instead of spreading FUD (Fear, Uncertainty, and Doubt), let’s focus on facts, transparency, and real discussions.

What do you think? Does Pi Network deserve the scam label, or is it simply misunderstood?

#PiNetwork #CryptoDebate 🚀