👀 Pi Network is a cryptocurrency that promised to be the next big thing in the crypto world. But is everything really that perfect? As of 2025, we can see not only great speculation, but also serious risks for users. Recently, news has been spreading among investors that KYS (Know Your Sender) could cause Pi coins to simply burn!
📉 What is KYS and why is it important to you?
KYS is a process where users must verify their identity before they can make cryptocurrency transactions. For Pi Network, this may not be just a standard check, but a real shock to many users. Here’s why:
🔒 Risk of burning your coins:
If you fail to verify your identity, your coins may be frozen or even lost. So if you don’t pass verification within the specified time, you may lose access to your Pi without being able to get it back. This can be a problem for those who have already accumulated a significant amount of coins without paying attention to the rules.
🚨 What else threatens Pi Network users?
Lack of communication: The Pi team lacks clear and open information about future steps. This increases fears among users.
Fraud risk: Some users receive fake "lost access" messages, which can lead to their loss.
Moving to a centralized platform: Pi Network plans to move to a centralized platform, which could mean even more restrictions and less control for users.
💡 What to do now?
Check your account to make sure you don't miss important messages.
Don't ignore verification.
Keep a close eye on news about Pi Network to avoid falling for scammers.
💥 Don't wait! Verify your account to save your Pi coins!
🔑 Never leave your cryptocurrencies unattended!
