Why is Nicolas deliberately blocking (suspending kyc) from paying pi for 55M acc over the past 6y?
This is the truth. The main purpose is that Nicolas wants to force these 55 million accounts to buy its PI for the Banxa wallet KYC. Nicolas would steal millions of pi every day. Nicolas holds about 20 billion pi and it takes 5 to 8 years to steal all this pi. That's why the other 55 million accounts need at least another 5 years to pay the PI back to the wallet, ... Exactly Pi Network is a well-planned scam project. There has never been a project that has deliberately blocked more than 50 mil
Exposing the pi network scam project - Binance from the pi listing successfully protects users!
MOD – FAQ & PI 2025 – 25 General Questions and Answers about the Pi Project Q: How many people have actually received PI tokens? A: Only around 15% ~ 12 million accounts are able to sell Pi, most of which belong to phone farming operations. Q: After 6 years, how many people have not received any PI tokens from the project? A: 53 out of 65 million accounts haven’t received any Pi tokens due to Nicolas and Cfan intentionally blocking step 9. They won’t be able to sell Pi for at least the next 5 ye
Exposing the Scam Facade of Pi Network - The Tactic of Blocking KYC to Force Users to KYC through Banxa in 3 Minutes
Exposing the Sophisticated Hoax of Pi Network: 'Mining Project' or a Professional Scam Model? For over 6 years, Pi Network – a self-proclaimed cryptocurrency mining revolution through mobile phones – has attracted more than 65 million participants worldwide. However, behind the technological facade and vibrant community lies a series of signs indicating a sophisticated, organized, and clearly purposeful scam model from the founders.
A transfer command of 900 billion pi tokens appears on the mainnet ledger while pi has 100 billion tokens?? Is pi a scam?
Bro, check if this is correct? While the actual total supply is only 100 billion tokens and only about 1.5 billion tokens have been unlocked. Here, a successful transfer command of 900 billion pi tokens appears on the mainnet ledger. Is this not a scam? Or is it a new feature?? #piscam #PiNetwork
WHAT IS HAPPENING? PI HOLDERS WANT TO STRIP BONES, PEEL SKIN, AND FEED NICOLAS AND HIS WIFE TO DOGS??
this is a true story, check the comments on Nicolas's latest post on Twitter dated April 2, 2025 most Pi holders are scammed, /... cursing Nicolas and cfan ... want to strip bones, peel skin, and extract tendons... Nicolas and cfan ... these are probably the Pi holders among the 55 million accounts that Nicolas has intentionally blocked KYC and kept KYC suspended for the past 6 years, with the aim of forcing these Pi holders to buy Pi from Nicolas )) many Pi holders have borrowed money to buy Pi and are incurring heavy losses
Pi network is the biggest scam in history that causes heavy losses to investors
Nicolas Accused of Manipulating Pi Network Price Through Fake Domain Auctions
Scam Domain Auctions Emerge After Mainnet Launch After Pi Network officially launched its Mainnet, a series of domain auctions featuring well-known brands such as Amazon, Samsung, and Apple were organized. These brands are globally trademarked, yet they were auctioned on the Pi Network platform without the consent of the rightful owners. This act is believed to be a scheme to manipulate Pi prices, create artificial FO
For those who still believe that #PiNetwork is a scam, please take a close look, as haters spread negative emotions by exploiting people's ignorance!
Pi Network proudly stands alongside industry giants such as Amazon, Apple, Google, IBM, and Samsung, gaining recognition in the field of computer science and engineering from Stanford University.
This is not just a coincidence. It is a testament to the credibility and potential of Pi Network.
While skeptics focus on spreading doubt, Pi Network is building the future with the support of some big names in technology and innovation. Don't let misinformation affect your judgment. Do your own research, join this movement, and see for yourself why Pi Network continues to thrive! @PiCoreTeam #PiNetworkMainnet
The sophisticated scam tactics of Pi Network causing many people to lose all their savings!
The fake application is a trap, hiring KOLs to hype Pi up to $314, then luring many Pi holders to jump in and buy to provide liquidity, while blocking about 85%~ 55 million Pi holders who are stuck on KYC or missing out on their Pi. If any do come back, it will be 3 years before they can sell due to being locked. The essence of this is a professional scam project; many Pi holders borrowed bank money to buy Pi at the peak of $3. I saw in the group there’s someone who borrowed 1 billion to buy right at the peak of $3 and is currently down 800 million VND, paying nearly 10 million in interest each month.
Pi Network's blatant scam causes Pi holders to lose all their money after 10 years of working as laborers.
This is a shared post from a Pi holder in the Pi Network Trading Group. He invested in Pi and lost 735 million, the savings accumulated over 10 years as a laborer. Through deceitful and unscrupulous means, Nicolas has hired KOLs and paid moderators in various communities to spread the word that Pi Network is the global currency, which will reach $314/pi, causing many people to believe it and be willing to borrow money from banks or deplete their savings accumulated over many years investing in Pi, leading to significant losses or total loss!
Pi Network, the scam of the century! Many investors borrowing money from banks to buy Pi are suffering heavy losses!
The pi network community, mostly older people or those who have never participated in the market, was scammed by the couple Nicolas and Cfan, causing heavy losses. With the cunning trick of nicolas and cfan, they manipulated users' psychology by saying that pi is a global currency, many people fell into the trap! They borrowed money from investment banks at a price of $3/pi. Currently, the price has dropped nearly 80%, if they borrow $40k, they are losing $32k ~ 800 million VND.
Although the mainnet has been opened, the Pi developers still have full rights to modify the ledger and reclaim Pi from customer wallets.
Although the mainnet has been opened, the Pi Network still has full rights to reclaim Pi from user wallets or arbitrarily adjust the total supply - lock, increase or decrease - alter the ledger data... truly a Stanford genius Evidence: the photo below - data taken from March 22-24
What do you see with this kind of animal like you? I'm going to stuff it in your mouth~ now.
Feed-Creator-88e911091
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Do you know what crap is? Talking like it’s right. You guys try to dig a lot of machines and do KYC without any documents and see what happens. There’s crap, not Pi.
Pi Network, a new type of scam! The dirty tricks of Nicolas
Although the mainnet is open, Nicolas still intentionally displays ads to earn money...! This money is used to create liquidity for the Pi project. Although there are no decent dapps, thanks to Pi users watching ads, Nicolas earns several hundred thousand dollars every day. He will use this money to create fake liquidity, allowing Pi users to buy Pi, and then he secretly dumps one wallet containing 2 million Pi into the market every day... this is truly a dirty trick.
55/65 million Pi accounts have not received Pi after 6 years. A century-old scam?
Please answer the question first. Why is it that out of 10 people mining Pi, only 1.5 people can sell Pi??
The reason is very simple: Nicolas intentionally did this so that he and the cfan can dump pi. Nicolas holds 20 billion pi and evenly distributes it to 10,000 wallets. Every day, he will secretly dump 1 wallet to take 3 million dollars; he needs to dump for about 8-10 years to empty it. He is blocking those 55 million accounts with the purpose of creating pi scarcity. People without pi will have to buy pi from Nicolas, jumping in to provide liquidity for him. Only when he has dumped almost everything will he allow the pi holders to dump. So at least for another 5 to 10 years, those 55 million accounts will still be stuck with KYC!!
🆘️BINANCE WAS RIGHT TO REFUSE LISTING THE SCAM PROJECT PI NETWORK 🆘️SUCCESSFULLY PROTECTING USERS!
The main reasons for the refusal to list Pi are: 1. The project has existed for 6 years, but after 6 years, 85% of miners have not received Pi tokens. Nicolas has intentionally made miners stuck at item number 9 or made it so they could not receive KYC slots mysteriously for 6 years. 2. Pi has made false announcements. In 2024, Nicolas claimed that there were 100 Dapps ready for the open mainnet, but currently, he is resorting to domain name auctions to hide the fact that there are not many Dapps as announced.
🆘️ 85% of Pi miners have not received Pi after 6 years due to Nicolas blocking KYC or intentionally causing a backlog at step 9.
According to on-chain data, there are currently up to 55 million Pi Network members who have not received Pi tokens due to Nicolas using tactics to block KYC and intentionally causing a backlog at step 9 for many years. Even nearly 10 million KYC accounts from 2022 are still stuck at step 9 despite having followed all the necessary steps correctly; many of them have successfully guided their subordinates through KYC, but when it comes to their turn, they are stuck at step 9.
Let everyone see those pictures. I still see many video clips of farms replicating 40k - 50k, even some farms holding hundreds of thousands of Pi accounts back in 2024! It turns out that just 10 to 15 farms can handle millions of fake accounts. They all use the Clone App Pro application, then buy Facebook clones to verify item number 5. As for KYC documents, they are photoshopped; one KYC face can pass for dozens of thousands of fake accounts.
I am referring to the act of trademark infringement against registered trademarks.. anyone using a domain not belonging to amazon or samsung is violating trademark rights
Joaquina Felske TMEY
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Amazon and Samsung are taking legal action against Pi Network for trademark infringement!
Amazon and Samsung Prepare to Sue Pi Network for Trademark Infringement
Nicolas Launches Domain Auction Involving Major Brands
On the morning of March 15, Nicolas Kokkalis – the founder of Pi Network – announced a domain name auction using the ".pi" extension. Notably, the auction included domain names related to well-known brands such as Amazon.pi and Samsung.pi, valued at 30,000 Pi ($90,000) and 45,000 Pi ($130,000), respectively. Participants must purchase or hold Pi tokens to participate in the auction.
According to Pi Network, around 300 domain names were registered by Nicolas between 2018 and 2020, many of which resemble trademarks that are legally protected worldwide.
Amazon and Samsung Prepare Legal Action
The auctioning of trademarked domain names such as Amazon and Samsung constitutes a serious violation of intellectual property rights and brand protection laws. Analysts suggest that Amazon and Samsung are likely to take legal action to protect their interests, as they have previously sued individuals and organizations for trademark infringement.
Those who purchase domain names like Amazon.pi or Samsung.pi may risk losing their investments and even face legal consequences for participating in trademark infringement.
Uncertainty Within the Pi Network Ecosystem
After six years of existence, Pi Network has yet to establish itself as a fully functional blockchain. Statistics indicate that only 15% of accounts are allowed to trade Pi on the market, while 85% of accounts (equivalent to 45 million users) remain stuck at the KYC verification stage or encounter Issue #9, preventing them from reapplying for KYC verification.
Notably, some experts suspect that Nicolas deliberately created artificial scarcity to maintain Pi’s value while forcing users to buy more tokens to participate in the domain name auction. This raises concerns that the auction could be a manipulative scheme designed to extract more investment from users.
Additionally, the promise of over 100 DApps launching on the Mainnet has yet to materialize. This further erodes community trust in the project, leading to questions about its transparency and sustainability.
What Lies Ahead for Pi Network?
With these recent developments, Pi Network faces not only potential legal action from Amazon and Samsung but also growing skepticism from its user base. If major corporations proceed with lawsuits, the project could plunge into a severe crisis, negatively impacting the value of Pi tokens and investor confidence.
Can Pi Network overcome these challenges, or is this the beginning of the end for one of the most controversial cryptocurrency projects in the world?