PI network asks investors to be aware of the fake PI lists of various DEXS

Traders have been warned by the PI network team about fake PI ads on DEXS. This will take place after the open network began on Thursday. The PI core team said all of the PI trading pairs currently onboard these exchanges are “fake.”

The PI Core Team said through x post With that official account:

“Beware of fake PI lists for various DEX (…) PI networks. We strongly recommend refraining from participating in the current DEX trading pair. ”

The exchange adds that despite this warning, if someone chooses to continue, the risk will be scam. You will “receive pay), and you will lose your money. ”

The team further explained that PICoin can only be traded through companies that have undergone the platform’s Know Your Business (KYB) verification process. According to Pi’s KYB PageOKX, BITGET, GATE.IO, and only recently added Pionex-only exchanges are listed as validated entities. They have permission to hold a Pi MainNet wallet.

The PI Core Team will only process these KYB approved platforms and ask users to keep their transactions safe. Platforms like Huobi have had rogue lists in the past. These platforms are not connected to the PI network and may have led investors to a bad business.

No Bybit list: CEOs double by calling Pi “scam”

Bibit founder and CEO Ben Zhou remains stubborn about distanced exchanges from listing Pi coins. Zhou denied allegations that Bybit requested a PI list for social platform X.

“The claim that $PI either rejected the bibit list or did not pass the KYB of $PI is totally nonsense because Bybit did not make a list request to $PI,” he said. I made a comment.

1. There is an official police warning of $PI from the Chinese police in 2023. This leaks personal data and pension losses and warns the public that it is a scam targeting older people. There are several other reports… https://t.co/gkeu2wzwfo

– Ben Zhou (@benbybit) February 20, 2025

“Yes, I still think you’re a scam, and no, Bybit doesn’t list scamsZhou repeated.

In response to the claims of BYBIT CEO, PI Network’s unofficial technical support team, X’s username Susdrones, Recognised Chinese authorities issued notices about the project, but they did not necessarily call it a scam.

“The PI’s request to “deal with these reports” assumes they ignore criticism, but that’s not… The silence of all random accusations is not guilty – it It’s the focusThe technical team considered it.

PI owners report issues regarding withdrawal

On social media, users have produced several reports on Pi Coin’s withdrawal hiccups across multiple exchanges. Some investors have already decided to take the exit position, lowering the token price to under $1, further increasing sales pressure.

One trader said after putting 1,500 pi in the bitget, their tokens got stuck and there was no way to retreat. Affected users say their withdrawal on OKX has been suspended for more than 24 hours.

Another trader on Reddit I explained it His frustration says they were advised to contact OKX Support and start the return process by providing their unique ID and email. The trader received a response from the exchange. However, there was no confirmation of when the withdrawal would resume.

Bitget responded to the PI owner’s complaints via email, saying:Please ensure that your requests are our number one priority at this time. We kindly request your understanding and patience. Once again, we sincerely apologize for any inconvenience caused. You may expect your request to be completed within the next 24-48 hours.”