ChainCatcher news, according to Cointelegraph, Pi Network responded to Bybit CEO Ben Zhou's controversy questioning its legitimacy. Previously, an X account claiming to be the "unofficial technical team" of Pi Network stated that the project rejected Bybit's listing proposal, and Zhou subsequently accused Pi Network of being a "scam," citing warnings from Chinese authorities.Pi Network told Cointelegraph that it is not associated with the X account and confirmed that Bybit has never submitted a Know Your Business (KYB) verification request. Regarding the warning from Chinese police, Pi Network clarified that the related incident involved malicious actors impersonating the project, rather than the company itself.In response to the user count controversy, Pi Network explained that the 60 million users it promotes are app users, while the 10.8 million users shown on the blockchain explorer are the number of users who have created wallets on the mainnet.

ChainCatcher news, according to official news from JuCoin, due to Pi Network (Pi) violating relevant local laws and regulations, JuCoin will actively respond and cooperate with regulatory requirements. The spot trading of Pi, originally scheduled to launch on February 19, will be canceled.JuCoin stated that the platform always complies with local laws and regulations to ensure the compliance and safety of its operations.

ChainCatcher news, according to the official announcement from OKX, at the request of the Pi Network project team, the PI token will be launched on spot trading using an isolated listing model, and users in certain countries and regions will not be able to recharge and trade PI. Other related rules remain unchanged.

ChainCatcher news, according to the official announcement, OKX will soon launch PI (Pi Network), with the following schedule:Launch time for PI deposit opening: February 12, 2025, 10:45 AM (UTC+8)PI collective auction time: February 20, 2025, 3:00 PM to 4:00 PM (UTC+8)PI/USDT spot trading opening time: February 20, 2025, 4:00 PM (UTC+8)PI withdrawal opening time: February 21, 2025, 4:00 PM (UTC+8)

ChainCatcher news, Vietnam's cybersecurity and high-tech crime prevention department is investigating Pi Network due to its "complex business model." Vietnamese officials are questioning whether Pi Network may be involved in illegal activities such as defrauding citizens or data collection. (Source link)

ChainCatcher message, Pi Network officially stated that it has been informed of reports that some unauthorized third-party trading platforms and potential unknown third parties are seeking to list Pi or tokens claiming to be Pi without the consent, authorization, or involvement of Pi Network, and even some purported derivatives of Pi.Pi Network reiterates that Pi is currently in a closed network, and Pi Network has not approved the listing or trading of Pi on any trading platform, nor has Pi Network participated in any listing plans or activities. Pi Network advises all pioneers and potential Pi users not to engage with any of these trading platforms or third parties, as their actions are unrelated to Pi Network and may cause significant losses or damages to Pi users. (Source link)