Pi Network users report losing tokens after delays in KYC verification and migration.
Pi token drops over 55% since March as migration errors fuel community distrust.
Lack of clear communication and audit systems threatens Pi Network’s user base growth.
Pi Network’s Know Your Customer (KYC) verification process has come under intense scrutiny (again) as numerous users report persistent difficulties, delays, and, in some cases, complete loss of their Pi tokens. This isn’t the first time this has happened, as many X users have reported issues in the last several days or so.
These problems have raised concerns about the platform’s transparency and user trustworthiness, with similar problems occurring a few years ago as well. For instance, in a Reddit discussion from 2023, people have been complaining about their submissions taking years to finish.
What Happened With Pi Network’s Mainnet Migration Process
Pi Network released the Mainnet Migration Roadmap on April 18, but there have been reports of a lack of specific timelines, error reporting mechanisms, and audit systems for reward discrepancies. This just adds more fuel to the fire of growing distr…
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