Pi Network Issues Alert As Fake Pi Price Claims And Scam Links Spread Online

TLDR

Table of Contents

Pi Network confirmed Pi has no official market price or exchange listings.
Scammers used fake DEX links to trick users into connecting wallets.
Blockchain data shows no Pi trading activity or liquidity on any platform.
Pi Core Team advised users to trust only updates from official channels.

The Pi Network Core Team has issued a public warning after a wave of scam posts spread across social media platforms. These posts falsely claimed that Pi was trading at prices ranging from $314 to $1,000. The misleading content appeared mainly on X and Telegram and targeted both new and long-time Pi users. According to the Core Team, the claims were designed to exploit excitement around Pi’s future Mainnet plans. The team urged users to rely only on official channels and avoid reacting to viral price claims.

Core Team Dismisses Claims of Pi Trading at High Prices

The Pi Network Core Team stated that Pi currently has no official open-market price. It confirmed that Pi is not listed on any centralized or decentralized exchange. As a result, any website or post displaying a live Pi price is not legitimate. The team explained that price discovery can only occur after approved market access.

Scam posts claimed Pi was already trading at extremely high values. These posts often included edited screenshots that resembled real trading interfaces. The Core Team clarified that such visuals were fabricated to appear credible. It emphasized that Pi Network has not approved any trading platform.

🚨 PI NETWORK SCAM ALERT – STAY SAFE 🚨
Seeing posts like “1 Pi = $314 / $500 / $1000” with links?
⚠️ DO NOT CLICK ANY LINKS.
Scammers use greed and fake prices to steal your Pi.
🔐 REMEMBER THIS:
• Pi Network has NO official price yet
• Pi Core Team will NEVER DM you
• Any… pic.twitter.com/h99zfJZGr7
— Pi Core Team ᵖⁱ ⁿᵉᵗʷᵒʳᵏ (@PiCoreGroup) December 22, 2025

In a public notice, the Core Team stated, “Pi does not have an official trading value at this time.” It also warned that direct messages claiming to come from Pi officials are fraudulent. The team added that it never contacts users privately for wallet access. Any request for sensitive information should be treated as a scam.

Fraudulent DEX Links Used to Drain User Wallets

Many scam posts followed a similar pattern and promoted fake decentralized exchange links. These links promised instant swaps between Pi and fiat currencies. They also pressured users to act quickly to avoid missing profits. The pages copied the layout of known wallet connection tools.

Once users connected their wallets, losses occurred almost immediately. Several affected users reported that their balances were fully drained. Investigations found no legitimate Pi liquidity pools connected to these sites. There were also no verified smart contracts supporting Pi swaps.

Blockchain reviews showed no Pi wallet movements tied to official systems. There was no evidence of real trading or liquidity activity. The Core Team stated that Pi Network has not launched any swap mechanism. Any platform offering such services is operating without authorization.

Market Data Shows No Evidence of Pi Trading Activity

Despite the strong price claims, market data showed no supporting activity. There were no exchange inflows associated with Pi. Order books, trade volumes, and derivatives data all remained inactive. There were also no liquidation events linked to Pi.

Legitimate market movements usually create visible data signals. These include changes in volume, wallet flows, and contract usage. None of these indicators appeared during the period of heavy online promotion. This disconnect raised concerns among data analysts monitoring the network.

Social media mentions increased sharply after the scam posts circulated. However, on-chain activity did not change during the same timeframe. This mismatch is often linked to coordinated misinformation campaigns. The Core Team advised users to verify claims using trusted sources.

Testnet References Add to Ongoing Confusion

Some unofficial accounts also promoted claims of a Testnet DEX upgrade. They suggested that Pi trading pairs were already active. Pi Network does operate test environments for development purposes. These environments are not linked to real economic value.

The Core Team confirmed that no live trading system has been announced. Testnet tokens cannot be exchanged for fiat currency. They also do not represent real market prices. Scammers often exploit confusion between testnet activity and real trading.

The Core Team ended its warning with a focus on user safety. It reminded users to never share passphrases or private keys.