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Official Pi Network Response to Bybit Allegations

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by Giorgi Kostiuk

8 hours ago


Pi Network has officially responded to allegations made by Bybit CEO Ben Zhou regarding the project's legitimacy.

The Controversy Begins

Bybit's CEO, Ben Zhou, raised concerns about Pi Network in recent social media posts, at a tumultuous time for Bybit due to significant data breaches.

Pi Network's Official Response

Pi Network clarified that the mentioned police report was related to impersonators and stated they have never been contacted by Chinese authorities. The project denied any connection with Bybit.

Pi Network has no affiliation with Bybit or its leadershipPi Network

New Safety Guidelines

In response to the allegations, Pi Network released new safety guidelines for users, including official communication channels and tips to identify fraudulent platforms.

Pi Network takes a professional stance in addressing issues while continuing to develop the project and ensure user safety.

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