• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Scammers Exploit Pi Network Payment Requests, Users Lose Millions

Scammers Exploit Pi Network Payment Requests, Users Lose Millions

user avatar

by Zainab Kamara

2 hours ago


Scammers are increasingly targeting users of the Pi Network by exploiting its payment request feature, resulting in substantial financial losses for many. As pointed out in the source, it is important to note that with reports indicating millions of tokens lost, the situation has raised alarms within the community and prompted action from the network's developers.

Fraudulent Activity on the Blockchain

The fraudulent activity involves scammers scanning the public blockchain to identify wallets with high Pi balances. Once identified, they send deceptive payment requests while impersonating trusted contacts, tricking users into approving these requests. In a particularly alarming case, a single scammer wallet reportedly amassed over 838,000 Pi tokens in December 2025 alone.

Response from Pi Network

In response to the growing threat, the Pi Network has reiterated that users only lose funds if they approve the payment requests themselves. However, the scale of these attacks has led the team to take decisive action by suspending the payment request feature temporarily. This measure aims to protect users and mitigate further losses as the network investigates the ongoing scams.

In light of recent scams affecting Pi Network users, Shiba Inu has introduced a new repayment system to support those impacted by the Plasma Bridge exploit. This initiative aims to enhance user trust and accountability within the community. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Technext Explores Behind the Scenes

chest

Technext delves into the behind-the-scenes activities and insights, providing a closer look at what is happening within the organization.

user avatarAisha Farooq

Confidential cUSDT Transfer on Ethereum Completed

chest

Zama has successfully completed its first confidential USDT transfer on the Ethereum blockchain, a significant step towards ensuring transaction privacy.

user avatarLeo van der Veen

Zama Mainnet Launches with Successful cUSDT Transfer

chest

Zama has launched its mainnet, completing the first confidential USDT transfer on Ethereum, following a successful Decentralized Key Generation ceremony.

user avatarLi Weicheng

Multilingual DAOs: A Step Towards Inclusion

chest

Some projects are testing multilingual DAOs to enhance participation from non-English speakers.

user avatarTenzin Dorje

The Importance of Localization in Web3

chest

Localization is crucial for making Web3 accessible to a global audience.

user avatarMohamed Farouk

Language Barriers in Web3: Who Gets Left Behind?

chest

The Web3 ecosystem is expanding rapidly, but language barriers are hindering access for non-English speakers.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.