#pi

The Pi Network faces the biggest scam of 2025, insiders complain.
Pi Network ( is facing its biggest crisis to date, as a leading cryptocurrency investigator has accused it of internal sell-offs related to the Pi Core Team amounting to as much as $8 billion. Investigator Atlas's post has sparked a wave of panic in the PI community, claiming that over 12
According to CoinMarketCap data, the trading price of PI is $0.7312, having dropped over 35% in the past week. "Stop following notifications. Pay attention to the wallet," Atlas warned and shared the timeline of the token's behavior: May 1: PI's price was $0.6135. May 12: PI peaked at $1.6704, a growth of 113.2%. Starting from May 14: PI has declined over 56% and is currently trading at around $0.7270. Although the Pi core team has not made a formal statement, some supporters believe the token's movement is part of the standard process of migrating from testnet to mainnet. Atlas denied this explanation, pointing out the lack of transparency in wallet links and transactions. The unlocking of tokens and balances on centralized exchanges has raised new concerns. As 5.7 million PI tokens were unlocked today, flooding into this already pressured market, the market's unease has intensified. Currently, the amount of PI held by centralized exchanges has surged to a record 397 million, raising worries about a new round of sell-offs.
Market analysts warn that the unlocked supply may continue to suppress the price of PI unless purchase volume significantly increases. The community is demanding explanations as accusations regarding wallets are on the rise. Cryptocurrency influencer Dr. Altcoin claims that the Pi core team operates over 10,000 wallets and sub-wallets, most of which are hidden from the public. He calls for transparency and urges PI holders to demand answers rather than blindly defend the project. Chain analysts indicate that only seven large wallets can be fully tracked, which deepens the community's concerns about undisclosed supply and internal controls. As the unlocked supply of this token enters the market, many wallets are being monitored, and market analysts warn that the price of PI may continue to be under pressure unless investor demand rebounds.