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Pi Network: Is it the Biggest Crypto Rug Pull of 2025?

  • Investigative insights by account 'Atlas' revealed a complex web of hype, centralized control, and insider trading within Pi Network.
  • Pi Network attracted millions with the promise of free tokens through smartphone mining, but delays and vague promises raised concerns.
  • After Pi Network's price surge and mainnet launch, a $100 million VC fund announcement coincided with a significant price collapse, raising suspicions of insider trading.
  • The Pi Core Team's alleged 12 million Pi token dump at the price peak, along with ongoing governance issues, has fueled questions about Pi Network's legitimacy as a blockchain project.

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