Bybit CEO Questions Pi Network’s Credibility and Future – BitRss

Ben Zhou, CEO of Bybit, has raised concerns regarding the credibility of the Pi Network project. He suggested potential fraudulent aspects of the project and noted that there are no plans for listing the PI ($0.75) token. The token’s significant decline in value throughout the day has created unease among investors.

Clarifications on Pi Coin

Zhou’s statements reflect previous warnings regarding the project. Existing doubts about Pi Network are reinforced by official alerts and various reports. These authoritative comments have led to increased criticism of the Pi Network.

Bybit CEO Ben Zhou: “Today, when asked about listing Pi, I said, ‘Stop the nonsense.’ I frequently dealt with those wanting their money back during my Forex trading days. I don’t want to handle similar scenarios in the crypto space.”

While Pi Network initially attracted interest, the value of the PI token has plummeted by over 55% in recent hours. This situation has raised concerns among investors about the project’s long-term viability, although increased trading volume has led some analysts to maintain hope. Market data indicates sharp declines in the token’s price.

Listing Expectations

Acco…