The warning came amid an increasing number of scams within the entire market.
The cryptocurrency industry has certain downsides, such as the growing number of bad actors trying to exploit victims following popular projects through giveaway scams or airdrops by impersonating key members of their teams.
Pi Network’s only official Channel
These accounts only
In his latest post about verification and ecosystem growth, the Pi Network core team He explained The user base in its broader ecosystem has grown to over 60 million. Nearly 30% have already been approved and verified through KYC, while more than 16.7 million have been successfully migrated to the mainnet.
Due to the large number of allegedly active users, the team decided to clarify which official accounts they should follow. The post below contains links to the accounts of the X founders, Nicholas Cokkalis and Dr. Chengdiao Fan. Both have earned affiliate badges that help patrons “identify their only real accounts.”
It’s worth noting that neither is particularly active on social media, with the most recent visual posts being made years ago.
As some pioneers have noted, Pi founders have recently been assigned badges to official X accounts. This helps you identify their only real accounts!
For your safety, always check information with the official Pi Safety Center and the official founder…
– Pi Network (@PiCoreTeam) May 15, 2026
The team also warned to be wary of scammers trying to impersonate anyone associated with the project, unofficial accounts, and misleading links “claiming to represent eBay.”
Ripple, Shiba also sounds the alarm
Pi Network is not the only cryptocurrency project that has been targeted by scammers. Recently Ripple’s CTO Emeritus published posted a similar one, warning his 700,000 followers on
Shiba Inu, another popular venture among retail investors, often warns its users and followers to be careful about suspicious posts and ads being displayed on social media. One of the latest such warnings Sound the alarm About multiple fraud attempts involving SOU NFT.
