TelRy

#PiNetwork Wallet Hacked? How to Protect Your Pi Wallet

Recently, I met many people and saw several posts on Binance Square and other social media platforms where users claimed they lost their Pi and called it a scam. Before jumping to conclusions, let me clarify something.

Your Pi wallet passphrase is the key to your account. It consists of 24 words, and if anyone gets access to it, they can fully control your Pi wallet. They can enter your passphrase into the Pi Browser app, access your wallet, transfer your Pi, and perform other actions.Even if I enter a random 24-word passphrase in the Pi Browser wallet and it happens to match your passphrase, I would be able to access and control your wallet.

Many people lose their Pi because they unknowingly share their passphrase on phishing websites, often believing they will receive free Pi. However, you never need to provide your passphrase to receive Pi from someone else. To receive Pi, you only need to share your valid wallet address—nothing more.

Lately, there have been several social media ads promising Pi giveaways. These scams trick users into entering their passphrase, allowing scammers to steal their Pi from any device, anywhere in the world. Another possible reason for losing Pi is that someone else already has access to your passphrase.

To keep your Pi safe, store your passphrase securely. It’s best to write it down on paper or memorize it.

If you have already fallen victim to such a scam, your available balance is likely gone. However, if you still have some Pi left, create a new wallet and transfer your remaining balance there or send it to someone you trust. If your Pi is locked, check when it will be unlocked. As soon as it becomes available, transfer it to your new wallet immediately.

#PiNetworkMainnet #pi #PiCoreTeam