Pi Network, which started with "mobile mining", has finally opened its on the afternoon of the 20th in Taiwan time, after more than six years of waiting, and has also been listed on well-known exchanges such as , , and .
However, CEO Ben Zhou, who is opposed to coins, spoke out again on the 21st, directly accusing of being a scam, and citing a report from the Chinese police that coins are a fraud targeting the elderly population. In addition, he also pointed out that the project's legality has been questioned by many, and believes that if is legitimate, it should publicly respond.
: Scammers impersonated us, we are a legitimate platform
In response, responded yesterday, clarifying the following points:
1) Scammers impersonated
stated that according to their understanding, the police in a certain place in China had issued a warning, but the warning was aimed at malicious actors who had impersonated the name, not itself.
The official emphasized that they are not related to this incident, nor have they authorized anyone to engage in related activities, and they have never been contacted by the Chinese police. strongly condemns any fraud using its name.
2) Clarify no relation to or Ben Zhou
pointed out that they have no relationship with and its CEO Ben Zhou, and as of now, they have not been asked to undergo KYB (Know Your Business) on .
3) Emphasize that it is a legitimate platform
stated that it is a legitimate platform, which has been proven by its six-year development history and more than 60 million active users. The project has taken a prudent and planned development approach, aiming to ensure the success of the project, complete sufficient development before the official launch, and establish a solid community, in order to reduce the challenges that other projects may face - including risks from unrelated malicious actors.
Unfortunately, as with any business with hundreds of millions of users, we cannot completely prevent the actions of individual malicious actors, but this does not mean that the project itself has problems.
4) Not related to the community's attacks on Ben Zhou
further clarified that they have no association with the social media accounts that attacked Ben Zhou, and condemned the individuals who impersonated to make such statements.
In addition, stated that the official has never made any comments about or Ben Zhou on social media or other platforms, and reiterated that even in the face of these allegations, the official will not comment on , Ben Zhou, or their business.
$ surges over 21% to $1.56
It is worth noting that coins have been performing strongly since yesterday. According to spot market data, the current price of is $1.56, up 21.64% in the last 24 hours. Calculated by fully diluted market capitalization (FDV), the market cap is about $156 billion, ranking the 4th largest token on the network, surpassing ($142.5 billion), ($96.73 billion), which is quite remarkable.






