“Pi Coin Crash: Dreams of Wealth Shattered! Those Who Believed It, Get Ready to Wake Up!”
In February 2025, Chinese police froze 18,000 accounts and arrested 37 core leaders, with the amount involved exceeding 23 billion yuan! The founder of Pi Coin had already exited, and the official website still uses old photos from 2015. Even more shocking is that the white paper of Pi Coin directly plagiarized from Cardano and Polkadot, with key parts generated by AI.
The structure of Pi Coin resembles a massive pyramid scheme, from fake “doctors” to million-dollar team leaders, who earn a 32% commission by recruiting downlines. Many people used their retirement funds to purchase accounts, ultimately losing everything.
Technically, Pi Coin lacks competitiveness, with a transaction processing capacity of only 7 times per second, which is less than one-tenth of Bitcoin. Furthermore, 73% of the nodes are controlled by the same IP range.
To identify the next scam, check if the code is open source, if there are technical audit reports, and if there are real on-chain activities. Avoid falling into the “zero-cost wealth” scam and protect your wealth!
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