Pi Network Urged to Act as Users Demand Token Transparency

Pi Network is once again facing scrutiny from its user base as more Pioneers report that their Pi tokens are nowhere to be found, despite completing the wallet migration process.

While the core team recently released fresh security guidance for wallet users, the community’s focus has shifted to what many see as a deeper issue—tokens simply not appearing after migration.

Over the past few days, users have taken to social platforms to express their growing dissatisfaction. According to multiple posts, even those who passed Know-Your-Customer (KYC) checks and followed the project’s instructions to the letter say their wallet balances remain at zero. Some even claim that multiple wallets were created under their accounts, adding further confusion about where their coins actually ended up.

The backlash comes at a time when the Pi Network core team is urging users to stay vigilant against scams and phishing attacks. In recent announcements, they warned that anyone who shares private wallet phrases risks permanently losing access to their Pi coins. Yet, for users who followed protocol and still didn’t receive their tokens, the warnings feel tone-deaf.

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One particularly vocal user, Haifeng Chen, didn’t hold back, demanding answers from the team and accusing them of dragging out the process for years. Others joined in, with some labeling the entire project a scam, while questions surfaced about a recent transfer of over 270 million Pi tokens from a foundation wallet—fueling suspicions.

Community leader James Zito, known for his work with Zito Reality, also voiced concerns. Despite being a long-time supporter and completing all migration steps himself, he acknowledged widespread complaints and called on the Pi Core Team to take responsibility. He emphasized that the situation needs to be addressed before the community’s upcoming Pi Day 2 celebration on June 28, calling for transparency and dialogue.

Echoing these sentiments, another prominent figure, Dr. Altcoin, reminded the team that Pioneers have kept the network alive through years of dedication—and it’s now up to the leadership to reciprocate with clear action and accountability.

Meanwhile, there’s growing chatter around a possible second phase of the mainnet migration. If implemented, this could provide a second chance for users who were left behind in the initial rollout and potentially help restore trust in the project. For now, however, many are left waiting, watching, and wondering when—or if—their earned Pi will ever show up.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.