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.
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.