Monday, 23 Jan.
Pi Network, a digital currency and blockchain network that aims to make cryptocurrency more accessible and useful for everyday transactions, has issued a warning to its users regarding third party actors and exchanges. According to the network, these actors and exchanges are not affiliated with Pi Network and could result in substantial loss or damage to Pi users.
In response to this situation, Pi Network is requesting the removal of posts and exchange listings and is currently evaluating additional actions with respect to the third parties and exchanges. The network stresses that the transaction of Pi through an exchange is explicitly prohibited during the Enclosed Mainnet period and doing so would be a violation of Pi's policies.
The unique innovative design of Pi's Enclosed Network period is a strategic choice to build a network of true substance and utilities with the best interest of the network, the community, and individual Pioneers in mind. During this period, Pi Network is focusing on two priorities: mass KYC/migration and ecosystem utilities-building. Both of these steps are essential towards the ultimate objective of building a viable ecosystem to get ready for Open Mainnet.
In light of this situation, Pi Network advises its users to only trust Pi-related news from official sources as listed by the network. Additionally, for more information on Pi Network, Pi, and its policies, users are encouraged to consult officially published content at the links provided by the network.
The network also encourage users to stay safe with their Pi, and for more information on how to do so, Pi Network encourages users to see their previous article on ways to stay safe with your Pi. December 2021 Updated Whitepaper Chapters are available for reference for those who want more detail.
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