Pi Network Addresses Unauthorized Listings and Third-Party Exchanges

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Pi Network is a cryptocurrency platform that is currently in the Enclosed Network phase. However, there have been reports of unauthorized third-party exchanges and potential unknown parties seeking to list Pi or tokens claiming to be Pi without the consent or involvement of Pi Network.

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It is important to note that Pi is not approved for trading or listing on any exchange by Pi Network, and that Pi Network was not involved in any of these postings or listings. The transaction of Pi through an exchange during the Enclosed Mainnet period is explicitly prohibited and would be a violation of Pi Network's policies.

Pi Network warns all Pioneers and potential users to not engage with these unauthorized exchanges or third-party actors, as their actions are not affiliated with Pi Network and could result in substantial loss or damage to Pi users. Pi Network is taking action to remove these posts and exchange listings, and is evaluating additional steps against the responsible third parties and exchanges.

The Enclosed Network period is a strategic choice by Pi Network to build a network of substance and utilities with the best interest of the network, community, and individual Pioneers in mind. During this phase, Pi Network is focused on two priorities: mass KYC/migration and ecosystem utilities-building. These are essential steps towards the goal of building a viable ecosystem for the Open Mainnet phase.

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