Pi Network Disapproves Unauthorized Listing

Pi Network, one of the world's largest blockchain-based communities, has recently issued a statement disapproving of certain exchanges listing tokens that purport to be associated with their project without their consent or authorization. With over 35 million engaged members, Pi Network is a decentralized, open-source blockchain platform that aims to create a digital currency for everyday use.

According to the statement, certain exchanges have begun listing tokens that claim to be Pi or some purported derivative of Pi, without the consent, authority, or involvement of the network. These tokens, however, are not the real Pi tokens and have not been created or controlled by the Pi Network team.

This unauthorized listing of tokens can cause confusion and mistrust among investors, who may purchase these counterfeit tokens under the assumption that they are buying the legitimate tokens created by the Pi Network team. It can also potentially damage the reputation of the project and its developers.

The Pi Network team has emphasized that they have no association with any of these exchanges and that they are acting without their consent, authority, or involvement. They have also urged investors to take caution when purchasing tokens and to ensure that they are buying the legitimate tokens created by the Pi Network team and not counterfeit tokens created by third parties.

This announcement serves as a reminder of the importance of due diligence when investing in any cryptocurrency or blockchain-based project. It is crucial for investors to verify the authenticity of the tokens they are purchasing and to ensure that they are buying from reputable sources.

The Pi Network team has also expressed their commitment to creating a secure and transparent platform for their users. They continue to develop their technology and work on increasing the adoption of their digital currency.

In summary, Pi Network, a large blockchain-based community with 35 million engaged members, has issued a statement disapproving of certain exchanges listing tokens purporting to be Pi or some purported derivative of Pi without their authorization. Pi Network has no association with these exchanges and the products being traded on them are not the real Pi tokens. It's important for investors to stay informed and be cautious when buying any token, especially the ones which purport to be the derivative of a blockchain network without any authorization.

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