Pi Network: 9 Hours Post-KYC and Still No Update
It has now been over nine hours since the Pi Network’s KYC and migration timer ended, leaving many pioneers in a state of confusion and concern. With no official update from the Pi Core Team, anxiety is mounting within the community. Adding to the unease, many users have noticed their transferable balance mysteriously shifted to "unverified", and a substantial portion of migrated Pi has inexplicably returned to the app.
These developments raise pressing questions about the future of the Pi Network. The lack of communication and the unclear status of funds could be pivotal reasons why major exchanges, including Binance, appear hesitant to list Pi. Transparency is crucial in the crypto space, and the current scenario creates more doubt than reassurance.
Pioneers are left wondering about their investments and the overall integrity of the network. The community seeks clarity on the next steps for Pi, as these recent events could significantly impact trust and participation. It is essential for the Pi Core Team to address these issues promptly to restore confidence and provide a clearer picture moving forward.