Allegations of Internal Sales Shake the Pi Network, Team Responds: "Just Token Migration"

Blockchain investigator "Atlas" accused the Pi Network of selling 12 million tokens by insiders, resulting in a 50% price drop.

The Pi Core team denied the allegations, affirming that the transfer was a routine transfer in the process of migrating users to the main network, and not a "pump and dump" operation.

The community is divided between calling for transparency and defending the project, amid calls for responsible media coverage and a thorough review of the data.