#PI Pi Coin, the cryptocurrency that once made countless people dream of wealth, has now come to an end and has become a painful nightmare. In February 2025, a storm of justice swept in, and the police took decisive action, freezing in one fell swoop the 18,000 accounts involved in the case, successfully arresting 37 leaders of the promotion, and lifting the shadow curtain on this shocking scam involving more than 23 billion yuan.

Nicholas, the founder of Pi Coin, has long since run away and disappeared without a trace after making a lot of money. The photo on his official website turned out to be an old picture from 2015, and the old appearance hides the entire project as a completely fake. The white paper is a patchwork quilt of plagiarism or even AI-generated and has no technical value. The technology of the Pi coin is even more vulnerable, the transaction processing throughput is so low that it can only make 7 transactions per second, and what is shocking is that 73% of nodes are actually controlled by the same IP address, which undoubtedly confirms the essence of the Pi coin pseudo-blockchain, which is a completely self-managed and self-acting tech scam.
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