{"id":10270,"date":"2025-06-23T09:52:00","date_gmt":"2025-06-23T08:52:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=10270"},"modified":"2025-06-23T09:42:39","modified_gmt":"2025-06-23T08:42:39","slug":"pi-network-founder-scam-accusations","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/pi-network-founder-scam-accusations\/","title":{"rendered":"Is the Pi Network Founder a Scammer ? Allegations Spark Major Debate"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"the-creator-of-pi-network-facing-investor-distrust\"><strong>The Creator of Pi Network Facing Investor Distrust<\/strong><\/h2>\n\n\n\n<p>The recent price drop in the <a href=\"https:\/\/preprod.investx.fr\/en\/learn\/crypto\/\">cryptocurrency market<\/a> has significantly impacted the Pi Network project, with <strong>Pi Coin plummeting below $0.50<\/strong>. While the cryptocurrency is currently trying to stay above this level, the pressure remains high. This situation is not unique to Pi, as major cryptocurrencies like <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/bitcoin\/\">Bitcoin<\/a> and <a href=\"https:\/\/preprod.investx.fr\/en\/crypto-investing\/buy\/ethereum\/\">Ethereum<\/a> <strong>have also experienced a decline<\/strong>. This is due to the impact of geopolitical tensions.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">\ud83d\udcc9 Why Is <a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\">#PiNetwork<\/a> Price Low Right Now? Will It Rise Again? \ud83d\udd04<br><br>\ud83d\udea8 Global crypto correction is hitting all major coins \u2014 not just Pi.<br>\ud83d\udd3b <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a> &amp; <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a> have dipped recently, dragging the market sentiment down. When these giants fall, the whole market feels it.\u2026 <a href=\"https:\/\/t.co\/8f48DaHzCV\">pic.twitter.com\/8f48DaHzCV<\/a><\/p>&mdash; Dr. Nicolas Kokkalis (@drnicolas_) <a href=\"https:\/\/twitter.com\/drnicolas_\/status\/1936824852414964056?ref_src=twsrc%5Etfw\">June 22, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Facing this <strong>continuous Pi price drop<\/strong>, Dr. Nicolas Kokkalis, the founder of Pi Network, has spoken out on social media to <strong>reassure concerned investors<\/strong>, known as Pioneers. He assured them that this was a temporary market phase, not a permanent crash.<\/p>\n\n\n\n<p>However, not all Pioneers were convinced by this explanation. One particularly frustrated user commented: &#8220;Are you <strong>a scammer or a fraud<\/strong>? Does Pi drop every day? Support Pi and make it rise.&#8221;<\/p>\n\n\n\n<p>To this, Dr. Kokkalis responded: &#8220;Do you understand the world of cryptocurrencies? Why are other cryptocurrencies also falling?&#8221; But the user was still unsatisfied and added: &#8220;Since I bought Pi, the price has continued to drop. I have seen 3 rises and 5 falls. <strong>I no longer trust Pi<\/strong>. I will cut my losses and not invest in companies like yours anymore.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"uncertain-future-for-the-pi-token\"><strong>Uncertain Future for the PI Token<\/strong><\/h2>\n\n\n\n<p>Currently, Pi Coin is under pressure, and experts believe it will need a positive market turnaround to <strong>exceed $0.60<\/strong>. Crypto analyst Dr. Altcoin has predicted that Pi is now firmly around <strong>$0.40<\/strong> and could remain there until the end of August. He also stated that the upcoming event, <strong>Pi Day 2<\/strong>, is unlikely to significantly boost the price.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">We might still see Pi drop to around $0.40, especially if there&#39;s no major update on June 28th! <a href=\"https:\/\/twitter.com\/PiCoreTeam?ref_src=twsrc%5Etfw\">@PiCoreTeam<\/a> <a href=\"https:\/\/twitter.com\/nkokkalis?ref_src=twsrc%5Etfw\">@nkokkalis<\/a> <a href=\"https:\/\/twitter.com\/Chengdiao?ref_src=twsrc%5Etfw\">@Chengdiao<\/a> <a href=\"https:\/\/t.co\/DSbrChUEzN\">pic.twitter.com\/DSbrChUEzN<\/a><\/p>&mdash; Dr Altcoin (@Dr_Picoin) <a href=\"https:\/\/twitter.com\/Dr_Picoin\/status\/1934898767888629951?ref_src=twsrc%5Etfw\">June 17, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>In conclusion, this turbulent period in the cryptocurrency markets requires investors to remain vigilant and informed to make informed decisions. While the founder of Pi Network has tried to reassure, <strong>some Pioneers have lost confidence<\/strong>. Analysts remain cautious about the short-term outlook for Pi Coin.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/preprod.investx.fr\/go-bybit\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Get an exclusive early access offer from Bybit !<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>More on this topic :<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/iran-strike-cryptocurrency-market-impact\/\">Impact of Iran Strike on the Cryptocurrency Market : Devastating Effects Uncovered<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/dogecoin-price-forecast-60-percent-surge\/\">Why Dogecoin Could Surge 60% : Key Signals Point to a Breakout<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/preprod.investx.fr\/en\/crypto-news\/meta-amazon-microsoft-bitcoin-rejection\/\">Why Meta, Amazon, and Microsoft Are Still Rejecting Bitcoin<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Pi Network pioneers have been growing increasingly frustrated in recent days. Accusations of scams, unfulfilled promises, and complete opacity have put the founder under community scrutiny. Is it a massive manipulation or just a timing error? Here\u2019s what we know.<\/p>\n","protected":false},"author":38,"featured_media":10269,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_focuskw":"pi network","_yoast_wpseo_title":"Pi Network Founder : Scam Accusations Ignite Heated Debate","_yoast_wpseo_metadesc":"Scam allegations against Pi Network \u2019s founder are raising questions across the crypto space. Here\u2019s what we know so far.","footnotes":"","faq_titre":"","questions_frequentes":"","custom_permalink":""},"categories":[11,10],"tags":[],"class_list":["post-10270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","category-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pi Network Founder : Scam Accusations Ignite Heated Debate<\/title>\n<meta name=\"description\" content=\"Scam allegations against Pi Network \u2019s founder are raising questions across the crypto space. 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