Bybit CEO Labels Pi Network a Scam, Citing Official Police Warning
Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially released on Thursday, citing a Chinese police warning from 2023 that alleged the project was a scam targeting elderly people, leaking their personal information and leading to the loss of their pensions.
Pi Network (PI) price crashed more than 60% in the past 24 hours after warnings from Bybit CEO Ben Zhou and Chinese ...
Bybit’s $1.5 billion hack sparks chaos, with withdrawal issues, security concerns, and speculation linking Pi Network to the breach.
Pi Network’s native cryptocurrency, PI, experienced a sharp decline of over 65% following the long-awaited launch of its ...
While some exchanges listed the PI token, Bybit took a different stance. Bybit CEO Ben Zhou posted on X, accusing the project of being a scam. Zhou cited a warning from the Chinese police.
Pi Network coin, the latest addition to the crypto market, has faced a steep decline after days of its anticipated listing ...
Controversial Pi Network token finally lists on Bitget ahead of official February 20 launch, despite past fraud allegations and security breach concerns.
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