#PI Pi Coin, the cryptocurrency that once made countless people dream of getting rich, 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 a strong action, freezing 18,000 accounts involved in the case in one fell swoop, successfully arresting 37 promotion leaders, and unveiling the shady curtain of this shocking scam involving more than 23 billion yuan.

Nicolas, the founder of Pi Coin, has long since fled and disappeared without a trace after making a lot of money. The photo on its official website turned out to be an old picture from 2015, and behind the old appearance, the whole project is completely fake. The white paper is a patchwork of plagiarism or even generated by AI, and has no technical value. The technology of Pi coin is even more vulnerable, the transaction processing capacity is so poor that it can only complete 7 transactions per second, and what is shocking is that 73% of the nodes are actually controlled by the same IP address, which undoubtedly confirms the essence of the Pi coin pseudo blockchain, which is completely a self-directed and self-acting technical scam.
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