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#PI Pi Network is facing the biggest scam of 2025, with insiders complaining.
Pi Network ( is facing its biggest crisis to date, as a leading cryptocurrency investigator accuses it of being involved in an internal sale worth $8 billion, related to the Pi core team. Posts circulated by investigator Atlas have caused a wave of panic in the PI community, claiming that over 12
According to CoinMarketCap, the trading price of PI is $0.7312, down more than 35% in the past week. "Stop the follow-up 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, an increase of 113.2%. Since May 14: PI has decreased by more than 56%, and is currently trading at around $0.7270. Although the Pi core team has not made a formal statement, some supporters claim that the token's liquidity is part of the standard testnet to mainnet migration process. Atlas refuted this explanation, pointing out a lack of transparency in wallet links and transactions. The unlocking of tokens and centralized exchange balances raises new concerns. Amid market turmoil, 5.7 million PI tokens were unlocked today, impacting a market already under significant pressure. 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 increases significantly. The community demands explanations as accusations regarding wallets are mounting. 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 rather than blindly support the project. Chain analysts indicate that only seven large wallets can be fully tracked, deepening community concerns over 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 remain under pressure.