The exchanges who allegedly listed the coin for trading in recent days have received a severe rebuke from the Pi Core team. The Pi Core team is requesting that all exchanges delete the coin and claims that they have not been engaged in any listing.
Pi has not been listed on any exchange, and Pi Network has not been involved with any purported listings. You could sustain substantial loss by participating in unauthorized listings. Read more on our website: https://t.co/rbntZ7DROj pic.twitter.com/LJztPOH35c
— Pi Network (@PiCoreTeam) December 30, 2022
The Pi Core team was prompted to clarify the situation in a blog post on December 29 by the hysterical social media reaction to recent Pi Coin trade listings. No postings have been approved, and the team advises all Pioneers not to participate, in order to safeguard all Pioneers and the integrity of the Pi Network.
“It is important to reiterate that Pi is currently in the Enclosed Network and is not approved by Pi Network for listing on any exchange or for trading, and Pi Network was not involved with any of these purported postings or listings,” the blog post reads.
The Pi Coin has been famously listed for trading on exchanges like XT.COM and Huobi, where the values have skyrocketed. On social media and in the Pi Network community, there is a lot of misunderstanding over the veracity of these listings. The Pi Core team has undoubtedly demonstrated their argument.
There is no estimated date for opening the Pi Network locked mainnet. In a recent end-of-year update, the core team highlighted their focus on finishing KYC and making additional technological advancements.
