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Binance plans to delist Tether and other non-compliant stablecoins for users in the European Economic Area (EEA) by March 31, 2025, to comply with the EU's Markets in Crypto-Assets (MiCA) regulations.
Affected users are advised to convert their holdings to MiCA-compliant alternatives like USD Coin (USDC) or Eurite (EURI) before the deadline.
However, in regions where crypto regulations are still evolving or less restrictive, such as Asia, Binance continues to fully support USDT.
A real scammer would transfer all your coins in one go to a single account. What kind of scammer would move 772 to one account, 2.50 to another, and still leave some coins behind?)
🚨 Pi holders, wake up! You've been mining with a tap on the screen, thinking you'll be rich someday. Guess what? Real mining requires power, not just WiFi and wishful thinking.
Pi Network claims decentralization, yet all nodes are under their control. More centralized than your local grocery store. Still waiting for that big exchange listing? Even Bybit’s CEO called it a scam magnet. Binance? Nowhere in sight.
Price? It crashed 60% right after launch. At this rate, you might as well trade Monopoly money.
Save your time. Pi isn't going "to the moon"—it's headed straight to the recycle bin. 🚮
#pi don't buy this garbage coin under any circumstances. "Useful idiots and homeless people" will try to convince you that this garbage is the future, but it is not. Buy Bitcoin instead and you won't go wrong.
*Pi Network Scam Exposed: Separating Fact from Fiction*
The Pi Network, a cryptocurrency project that promised users the opportunity to mine coins on their mobile devices, has been embroiled in controversy. While the project's creators touted it as a revolutionary platform, many have raised concerns about its legitimacy.
*Red Flags*
Several red flags have been raised about the Pi Network, including:
- *Lack of transparency*: The project's creators have been secretive about the project's inner workings, fueling speculation about its true nature. - *Unrealistic promises*: The promise of effortless mining on mobile devices has been deemed unrealistic by many experts. - *Pyramid scheme allegations*: Some have accused the Pi Network of being a pyramid scheme, where early adopters are incentivized to recruit new members with promises of rewards.
*Expert Opinions*
Many experts have weighed in on the Pi Network, with some calling it a scam. "The Pi Network's business model is unsustainable and relies on recruiting new members to survive," said one cryptocurrency expert.
*Conclusion*
While the Pi Network's creators have maintained that the project is legitimate, the evidence suggests otherwise. With its lack of transparency, unrealistic promises, and pyramid scheme allegations, it's clear that the Pi Network is not what it seems. As with any investment opportunity, it's essential to approach with caution and do your research before getting involved.
Pi Network Price Update, Controversy Response, and Future Outlook (February 23, 2025)
Current Price and Market Activity:
As of February 23, 2025, Pi Network's native token, PI, is trading at approximately $1.60. This reflects a partial recovery from its initial post-mainnet low of $0.64 after launching on February 20, 2025. While still below its opening price of $1.84, the rebound signals growing market interest and cautious optimism.
Response to Ben Zhou’s Accusations:
Following public accusations from Bybit CEO Ben Zhou, who called Pi Network a scam and referenced a 2023 Chinese police warning, the Pi Core Team issued a firm rebuttal. They clarified that the police warning targeted fraudulent actors impersonating Pi Network, not the project itself. The Core Team reiterated their commitment to building a legitimate, community-driven ecosystem, highlighting their 60+ million engaged users as evidence of Pi’s credibility.
Future Price Predictions and Market Outlook:
Price predictions for 2025 remain mixed. Analysts forecast a potential trading range of $0.87 to $3.93, while more bullish projections place PI between $11.46 and $17.26 by year-end, depending on market adoption and exchange listings. A critical factor in PI’s trajectory will be the outcome of Binance’s community vote on February 27, 2025, which could unlock broader liquidity and visibility for the token. Looking ahead, the potential listing of PI on major exchanges like Binance could influence its price trajectory. A community vote on Binance's platform, concluding on February 27, 2025, will determine whether PI gets listed. Such a listing could enhance liquidity and visibility, potentially leading to a price increase.
Responsed: I’d like to address the concerns raised here about Pi Network ($PI) with some clarity and perspective. https://x.com/SusDrones/status/1892611866096025807
FastNews-coinness
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Bullish
Bybit CEO “PI Project Is A Scam... Will not list” Ben Zhou, co-founder and CEO of cryptocurrency exchange Bybit, told X, “I still believe that PI Network (PI) is a scam. We will not be listing the coin on Bybit.” “In 2023, Chinese police warned of fraudulent activities using PI. There have also been multiple reports published questioning the legitimacy of the project.” ”Bybit has never requested to list on PI. The claims that PI refused to list Bybit or that Bybit failed to pass PI's Know Your Business (KYB) audit are completely absurd. If the project is legitimate and legitimate, they should address these reports and provide the truth instead of baseless attacks.”
🥺 Finally PI Coin 🪙 Hurted Me in Last moment 😢 😭 😭 Pi Coin’s Six-Year Dream: A Bubble Finally Destroyed?
After six long years, Pi Network’s promise of a "future currency" has started to crumble. What was once marketed as a revolutionary crypto project now looks more like a glorified ad-watching scheme.
Reality Check: Is Pi Even a Real Blockchain?
🚨 Despite years of hype, Pi lacks a proper decentralized blockchain. 🚨 Instead of building its own system, the team latched onto the Stellar Network—a shortcut that raises major doubts. 🚨 The obsession with “314” (Pi Day, weeks, days) is more gimmick than substance.
Where’s the Value?
💰 Millions of users spent years mining Pi on mobile—but without a clear path to monetization, what was the point? 💰 The project thrived on ad revenue, but as engagement dropped, so did its sustainability. 💰 Community frustration is rising, with many asking: “When can we actually cash out?”
The Harsh Truth: A Crypto or Just Hype?
Pi Network sold a dream, but with no true innovation or liquidity, it’s now seen as a failed experiment—or worse, a well-crafted deception. The six-year wait has left millions wondering: Was this all for nothing?
Is Pi the biggest missed opportunity in crypto or just another overhyped project with no real future? 🚨💰