Pi Network Decision Sparks Controversy: "Better to Stay Away," Says Exchange CEO
OKX’s decision to list Pi Network’s token, PI, on February 20 has ignited debate. Critics question its legitimacy, with some comparing it to a pyramid scheme. Meanwhile, over 70 million users have mined PI via smartphones for years.
Other exchanges remain divided. Bitget is set to list PI, while Bybit rejected it. Bybit CEO Ben Zhou dismissed the idea, stating, “I will stay away.”
Pi Network’s mainnet launch is scheduled for February 20, but many users have yet to complete KYC verification. The token’s price movement post-listing remains uncertain.