News About Pi Network: Users Outraged Over Lost TOKEN Despite Completing KYC

After the news, Pi Coin has fallen about 4% in the past 24 hours, currently fluctuating around the $0.60 level. Although it surged to $1.70 in mid-May amidst the hype surrounding an important announcement from Pi Network, the bullish trend had begun to wane even before the news was released. Since then, Pi has retraced nearly all of its gains, reflecting a shift in sentiment from excitement to caution as traders reassess the short term potential of this token. Despite having completed KYC and taken all the necessary steps, many users report seeing a zero balance in their wallets, causing a wave of backlash against the core team of Pi Network. Considering the increasing frustration within the Pi community, Pi Network has provided detailed safety tips and recommendations for its users. The community complains about lost tokens The backlash intensified after the Pi Core Team issued a wallet security advisory, warning users to protect their seed phrases. But instead of reassuring, the post sparked outrage. Users demanded answers regarding unsuccessful transactions, calling the situation a "scam" and accusing the team of continuous delays. A user, Haifeng Chen, criticized X: "Give me back that damn Pi. I have worked hard for six years. You still haven't mapped it. What is the delay?" Many wallets, zero balance According to some users and validators, although they have deleted KYC and the mainnet checklist, their wallets still do not display any tokens. Some even reported that multiple wallet addresses were created, further adding to the confusion and raising doubts about the reliability of the moving system. Leaders demand transparency The notable community figure James Zito has joined the call for accountability. "I mean no negativity, but the Pioneers deserve a response," he said, urging the Core Team to address the issue ahead of Pi Day 2 on June 28. Member Dr. Altcoin also agreed with this sentiment, stating that it is time for the team to reward those who have stood by the project since day one. Meanwhile, he also urged investors to be cautious. He warned that scammers often pose as "helpers", asking for half of your Pi and ultimately stealing the rest. He advised Pioneers to only use official Pi applications and to seek help only from the Core Team if their wallet is compromised, not from outsiders offering paid support services. Currently, there is speculation about the potential Phase 2 migration update, which is expected to address the KYC delays and fix the balance discrepancy issues. At present, the Pi community is waiting, feeling disappointed but still hopeful.