The situation of #pi Network on March 14.
- Although at this moment there has been no official announcement on Pi's official pages regarding the event on March 14. However, quietly, movements have begun.
- A series of accounts that did not complete KYC on time have had their Pi rights revoked, deemed unqualified. This amount of Pi has been reclaimed to the main wallet. The amount is staggering if you follow the movement of transactions on the chain.
- I assess this as a very decisive and convincing action after numerous extensions where the account owner still could not complete KYC, proving that there is an issue with the account.
- The main issues for accounts that lost rights may be due to the following main reasons leading to an inability to complete KYC:
+ Accounts not verified (phone number or email, etc.)
+ Accounts registered for KYC but did not pass for various reasons. Duplicate personal information. Using an ID card for one account, a citizen ID for another account, a driver's license for one account, a passport for one account. Those who are greedy and think they can circumvent the rules here often will not pass KYC even with an application.
+ Accounts inactive for too long and did not receive a KYC application
+ Accounts with issues, flagged, reported. You may not notice, but reporting fraudulent or problematic accounts is right on the Pi software. Anyone who is reported will be subject to scrutiny and KYC delays.
_ and other reasons that I do not know. In general, it is a form of punishment. Ordinary pioneers do not encounter this issue at all.
- Once again, I wish you a joyful Pi Day, even though the Pi price is not as expected...
- Although at this moment there has been no official announcement on Pi's official pages regarding the event on March 14. However, quietly, movements have begun.
- A series of accounts that did not complete KYC on time have had their Pi rights revoked, deemed unqualified. This amount of Pi has been reclaimed to the main wallet. The amount is staggering if you follow the movement of transactions on the chain.
- I assess this as a very decisive and convincing action after numerous extensions where the account owner still could not complete KYC, proving that there is an issue with the account.
- The main issues for accounts that lost rights may be due to the following main reasons leading to an inability to complete KYC:
+ Accounts not verified (phone number or email, etc.)
+ Accounts registered for KYC but did not pass for various reasons. Duplicate personal information. Using an ID card for one account, a citizen ID for another account, a driver's license for one account, a passport for one account. Those who are greedy and think they can circumvent the rules here often will not pass KYC even with an application.
+ Accounts inactive for too long and did not receive a KYC application
+ Accounts with issues, flagged, reported. You may not notice, but reporting fraudulent or problematic accounts is right on the Pi software. Anyone who is reported will be subject to scrutiny and KYC delays.
_ and other reasons that I do not know. In general, it is a form of punishment. Ordinary pioneers do not encounter this issue at all.
- Once again, I wish you a joyful Pi Day, even though the Pi price is not as expected...
