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Pi Network Transition Raises Legal Concerns
This platform now has more than 19 million Pioneers with verified identities. Pi Network has also surpassed the 10 million Mainnet migration target, reaching 10.14 million. According to BeInCrypto's report, Pioneers (users) of the Pi Network will be able to connect to external networks and systems after the launch.
However, as the launch approaches, industry experts have expressed concerns about the legality of this platform and its potential legal implications. Colin Wu, a renowned blockchain journalist who often delves into the Chinese crypto market, warns about the operation of the Pi Network.
In his post on X (Twitter), Wu cautioned the public about the risks surrounding this platform. He highlighted countries with strict regulations on pyramid schemes.
#PINETWORK PI #BTC