$BTC
Pi Network's leadership has addressed recent fraud allegations made by Bybit CEO Ben Zhou. In a public statement, the Pi Network team clarified that a 2023 Chinese police warning, cited by Zhou, was directed at malicious actors impersonating Pi Network, not the project itself. They emphasized that Chinese authorities have not contacted them regarding any fraudulent activities. Additionally, Pi Network stated there is no affiliation between their platform and Bybit or its CEO, and they have not engaged in any official communications or Know Your Business (KYB) verification with the exchange. The team also disavowed any connection to social media accounts making negative remarks about Zhou, reaffirming their commitment to transparency and distancing themselves from unfounded attacks. #bybit