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Pi controversy
7 Chinese financial associations label Pi Network cryptocurrency ‘valueless’
Seven major Chinese financial associations have issued a joint warning about cryptocurrency risks, citing Pi Coin as an example of a “valueless virtual asset.”
Pi Network crypto plunges to record low of $0.18
Pi Network co-founder Chengdiao Fan to make 1st ever public appearance
Pi Network token hits record low at $0.32, shaking investor confidence
Some once staunch supporters of Pi Network are reassessing their investments after the token’s price dropped to a new low of US$0.32.
August 7, 2025 | 09:49 pm PT
Pi Network holders sell at a loss as price nears all-time low of $0.40
As Pi Network's price keeps falling, many investors are selling off their tokens at a loss to cut further damage.
July 15, 2025 | 06:48 pm PT
No gains, no way out: Pi Network users regret staking tokens
Pi Network users mistakenly believed the platform’s new “staking” feature was a savings plan that locked their tokens for a year with no option to withdraw or cancel.
July 1, 2025 | 03:17 pm PT
Who are the founders of Pi Network?
Pi Network was founded by Dr. Nicolas Kokkalis, Dr. Chengdiao Fan, and Vincent McPhillip, with Kokkalis overseeing technology, Fan leading product development, and McPhillip—who left in February 2021—formerly managing community engagement.
May 26, 2025 | 02:42 am PT
