Recently, Bybit CEO Ben Zhou voiced serious concerns about the Pi Network project, causing a significant stir in the cryptocurrency community.
Exchange CEO Raises Red Flags
Ben Zhou first spoke out when Pi Network announced its Open Network. In his initial comments, he made it clear he wanted nothing to do with the project, firmly denying rumors of his involvement.
Police Warnings and Investigations
In his latest social media post, Zhou pointed to an 'official police warning' from Chinese authorities about Pi Network. This warning, seemingly from 2023, suggested potential fraudulent activities targeting the elderly. Vietnamese authorities were also reportedly investigating Pi Network.
Serious Allegations About User Data
Zhou expressed further concerns over user safety, highlighting issues of personal information leaks and potential risks to people's pensions. He noted multiple questions surrounding the project's legitimate operations.
These developments raise critical questions for Pi Network users. Conflicting signals indicate the importance of careful consideration and thorough research before engaging with such projects.
