AltcoinsJul 22, 2026· 1 views

Pi Network Security Alert: Strange Scam Activity Drains Wallet

A Pi Network user reported losing their tokens after a lockup period ended, prompting calls for mandatory two factor authentication.

Pi Network Security Alert: Strange Scam Activity Drains Wallet
PIcoinbeat.news
PI
PI#54
Pi
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$0.0900
▲ +0.05% (24h)
Market Cap$985.10M
24h Volume$14.53M
7d Change+6.16%
DATA: COINMARKETCAP

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Pi Network holders are raising fresh security concerns after a community member reported missing tokens right after a three year lockup period ended. The user went to migrate 143 tokens, but the wallet balance stayed at zero alongside a long list of failed transactions. The incident has sparked urgent calls for stronger wallet protection across the community.

Following the report, community members asked the Pi Core Team to make two factor authentication mandatory for all wallets. Bad actors frequently target high profile crypto projects through phishing and drainer exploits, catching users off guard after lengthy holding periods. Without extra security layers, user funds remain exposed to potential breaches.

This security scare comes at a delicate time for Pi Network. Community members are growing impatient over delays and lack of clear updates from leadership. While some project representatives insist that Pi is currently in a critical development phase, holders want to see concrete security upgrades and better communication moving forward.

▚ Live Data & References
Price
$0.0900
Mkt Cap
$985.10M
24h Vol
$14.53M
24h
+0.05%

Prices update live from CoinMarketCap. Market data, not financial advice.

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