Pi Network users are reporting unauthorized transfers, with wallets being drained without consent. Scammers are using a classic playbook: probing, testing, and sweeping wallets ¹.
*What's Happening?* 🤔
- Attackers have valid transactions, indicating they have access to your private keys.
- No evidence suggests Pi's blockchain is compromised, but wallet security is a major concern.
- Seed phrases may have been compromised through phishing, fake sites, or malware.
*Protect Yourself* 🛡️
1. *Ditch the old wallet*: Create a new one in the official Pi app.
2. *Move your balance*: Transfer any remaining Pi to your new wallet.
3. *Enable 2FA*: Add an extra layer of security to your account.
4. *Keep your seed safe*: Never share it with anyone.
5. *Report incidents*: Inform Pi support and your local cybercrime cell.
*Stay Vigilant* 🔒
The "Stanford Scam" is a warning sign. Pi Network's security measures are under scrutiny, and users must take responsibility for protecting their assets ².
*Hashtags:* #PiNetworkSecurity #CryptoScam #WalletSecurity #StayVigilant #PiCoinAlert
