#PI You guys take a look for yourselves. They were once my idol, and it turned out to be something like this!!!


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3 Former executive McPhilip accused in court
Founder "internal fighting and misuse of funds" NEW
Source: court documents / community reports | Time: 2026-07-09
In court documents, former executive McPhilip publicly accuses co-founder Nicolas Kokkalis and his wife, Fan Chengdiao. The main allegations are:

1. Toxic work environment: Disputes between the founders (verbal attacks, physical clashes) spilled into the workplace, leaving the executive team exhausted from mediation and causing technology to fall severely behind.

2. Misuse of funds: In 2019–2020, through SAFE financing of $20 million, some funds were allegedly diverted for private purposes such as a luxury yacht party.

3. Equity dispute: The founders tried to dilute McPhilip’s equity at an extremely low price of $0.00005 per share. In April 2020, while he was on leave, the core team locked down his servers and accounts.

Meanwhile, another investor, Harro Moen, filed a $10 million fraud lawsuit in the federal court for the Northern District of California, alleging unauthorized token transfers and the secret sale of 2 billion Pi tokens.
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LuDaRocketLauncher
· 07-13 04:39
I never had much optimism about this from the very beginning—it’s just that they’re too good at talking big. Later, once they actually produced something, you’d look at it and just want to laugh. That little game—people were still praising something that’s from decades ago. Back then, many people would have dismissed it outright, but now everyone’s using the Unreal Engine 5. Maybe a lot of people don’t play games and don’t understand what modern games can already do. Just looking at the “ecosystem” he’s been doing—honestly, even just reading about it makes you want to laugh. If you didn’t know better, you’d think we were still living in the era when we had those big-headed computers.
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RichAsTheEasternSea
· 07-13 04:33
The team itself isn’t harmonious anymore—breakup is not far away.
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YeYuqin
· 07-13 04:33
Garbage
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GateUser-be42b37d
· 07-13 04:31
So many people are focused on factions. They all think that after so many years of technology, even if it’s not good, it still won’t end up being that bad. Turns out it was just a pile of S.
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