Bybit’s CEO Ben Zhou has recently made a big statement about the Pi Community, in which he described it as more dangerous than Memecoin. Ben Zhou says that Pi Community promotes a project that targets people who have very little knowledge about cryptocurrency. Many times people have also demanded demand and questions about Pi Coin List on bybit, but Ben Zhou clearly said that they do not interact much with Pi Community and consider it as scam.
Ben Zhou said that there is no clear information about the team behind the Pi Community and this project does not provide much transparency to its users. He said that the identity of the team is still hidden, although it is claimed that it is a member of Stanford, but no member of this team came forward anytime. This is the reason why Ben Zhou has a doubt about this project. This project also became the cause of many controversies, as it has taken about six years in PI Community Mainnet Establishing and officially Pi coin list on Indian exchanges It took place on 20 February 2025.
Increased doubt about pi communication
Ben Zhou also said that Pi Community claims that people can earn a lot of money by clicking a button, but it is not clear how the money would be earned. They believe that it can be like a Ponzi scheme, where new users pay old users. Been Zhou also says that this project misleads its users and that is why it can be more dangerous than MemeCoin. Memecoin, such as Dogecoin and Shiba Inu, also started mainly with internet jokes and entertainment and people know what they are doing. But in Pi Community, people do not understand in which direction their investment is going and it can harm many people.
Once before, criticizing the Pi Community, the big statement of by the CEO Ben Zhou of Bybit, which revealed Ben Zhou described Pi Coin as scam Was and now once again he said that, this project has missed its deadline again and again and has not yet responded properly to its users. Despite this, this project is attracting people and promises to earn money without any clericity.
Conclusion
This statement by Ben Zhou is a large warning message related to Pi Community, which inspires Crypto Community to be careful with such projects. The lack of transparency of Pi Community and its vague business model has made it more dangerous. Therefore, investors should understand its transparency, team identity and business model well before investing in any cryptocurrency project.
