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#PI Pi Network is facing the biggest scam of 2025, with insiders complaining one after another.
Pi Network ( is facing its biggest crisis yet, as a leading cryptocurrency investigator alleges its involvement in an internal sell-off worth $8 billion, related to the Pi core team. Posts circulated by investigator Atlas have sparked a wave of panic in the PI community, claiming that over 12
According to CoinMarketCap data, the trading price of PI is $0.7312, down over 35% in the past week. "Stop watching notifications. Focus on the wallet," Atlas warned, sharing the token's behavioral timeline: May 1: PI's price was $0.6135. May 12: PI peaked at $1.6704, a growth of 113.2%. Starting from May 14: PI has decreased by over 56%, with the current trading price around $0.7270. Although the Pi core team has not made an official statement, some supporters claim that the token's liquidity is part of the standard migration process from testnet to mainnet. Atlas refuted this explanation, pointing out the lack of transparency regarding wallet links and transactions. The unlocking of tokens and centralized exchange balances raises new concerns as market unease continues, with 5.7 million PI tokens unlocked today, adding pressure to a market already under significant strain. The current amount of PI held on centralized exchanges has surged to a record 397 million, raising fears of another sell-off.
Market analysts warn that the unlocked supply may continue to suppress the price of PI unless purchasing volume significantly increases. The community demands explanations as allegations regarding wallets grow. Cryptocurrency influencer Dr. Altcoin claims that the Pi core team operates over 10,000 wallets and sub-wallets, most of which are hidden from public view. He calls for transparency and urges PI holders to demand answers instead of blindly supporting the project. Chain analysts state that only seven large wallets can be fully tracked, deepening the community's concerns about undisclosed supply and internal controls. As the unlocked supply of the token enters the market, many wallets are being monitored, and market analysts warn that unless investor demand recovers, the price of PI may continue to be under pressure.