Okx’s announcement that he would list the Pi Coin led to controversy in the crypto community. Bybit CEO Ben Zhou announced that he refused to participate in the project because of allegations that Pi Network may be connected to the pyramid scheme. On the other hand, Bitget withdrew his previous announcement about PI Token. These developments have created question marks about Pi Coin’s decentralization and reliability.
Bybit CEO: “I don’t want to get involved in this job”
Bybit CEO Ben Zhou announced that he rejected the offer to join the Picoreteam network in his share on the X platform. Zhou, “I will protect my distance.”He expressed his skeptical approach to the project.
https://x.com/benbybit/status/1889654348239503540
Zhou said that he had been sent an invitation to join Pi, but he refused to find it ridiculous. In addition, Forex transactions often encountered money refunds or fraud demands during the period, stressed that he did not want to live similar problems in the crypto world.
Pi Coin users are worried about risks
Pi Coin’s main network will be opened on February 20, 2025 at 11:00 (TSI) and the project will switch to the “open network” period. However, many users expressed their concerns about possible risks in Pi Coin’s purchase and sale.
A user found that OKX found the decision to list the Pi Coin, and suggested that it might mean transition from decentralized structure to a central model. Pi Network said that it offers zero -cost mining and everyone can dig crypto with smartphones. However, Pi Coin’s reference system may be similar to a pyramid scheme.
KYC Problems and Chinese Users
The Pi Network team says that platforms aim to create a safe Web 3.0 area. However, some users argued that investors in China had serious problems in the KYC validation process and that they had difficulty in verifying their accounts due to limited quotas or systemic errors.
A user, “Even if you start the KYC process right now, you may not be able to get approval until the time to be listed.”he warned the uncertainty of the process. This led to more discussion about Pi Coin’s decentralized structure and user base.
To be aware of last -minute developments Twitter ‘in, Facebook ‘ Instagram follow and follow Telegram And Youtube Join our channel!
