🚨 Pi Network Scandal: Have 70 Million Users Been Deceived?

A shocking twist has rocked the Pi Network community. While the Core Team just announced a $100 million fund to support DApp development, many of the platform’s 70 million “Pioneers” are calling foul — and questioning everything they’ve built.

🔥 What Just Happened?

On May 14, 2025, Pi Network unveiled “Pi Network Ventures” — a $100M investment fund to back developers building on Pi.

But instead of celebration, outrage erupted.

Many long-term users claim they’ve barely earned 1,000 Pi, with referral rewards and ambassador bonuses ignored or removed. After years of mining, they’re now being told the future of Pi depends on apps built by outsiders — funded by the community’s time, belief, and effort.

📉 Trust Crisis Reflected in Price

The announcement sparked a brief pump — only to crash back down to $0.80. To many, this wasn’t just a price drop — it was a collapse in trust.

Pi’s global rise wasn’t powered by VCs or marketing — it was fueled by belief. And now, many of those believers feel used and forgotten.

🤐 Unkept Promises. Zero Transparency.

• KYC delays since 2021

• Repeated Open Mainnet postponements

• Promised “100+ DApps before launch” — still missing

• Hackathon results? Never fully published

• Ad revenue? Unexplained.

• Communication? Dead silence.

“Pioneers aren’t just users — they’re the foundation of Pi,”

— Dr. Altcoin, crypto analyst

“And right now, they’re being treated like liabilities, not partners.”

⚠️ Bottom Line

Without transparency, there is no trust.

And without its people, Pi Network is just code and hype.

If the Core Team doesn’t course-correct fast, the biggest user-driven project in crypto history might become its biggest disappointment.

#PiNetwork #CryptoDrama #Web3Watch #BinanceSquad #AltcoinAlert $SOL $BNB