Pi Coin Developers Release New Update for Mainnet Migration and KYCs: “Attention, Last Chance”

cryptonews.net 01/03/2025 - 10:10 AM

Pi Coin Deadline Extended

The developers of the controversial altcoin Pi Coin (PI), which has gained popularity on social media recently, have announced an update regarding key deadlines.

New Deadlines

According to the official statement, the deadline for KYC (Know Your Customer) and mainnet migration for Pi Coin has been extended to 11:00 on March 14, 2025, Turkey time (UTC+3). This new date aligns with the sixth anniversary of the project’s official launch.

Reason for Extension

The extension aims to accommodate more users by allowing them to check their balances and transition to the mainnet.

Final Notice

Developers emphasized that this will be the last extension, urging users to take necessary actions to avoid loss of past mobile balances.

Important Warning

They also warned that:
> “If you fail to complete KYC or Mainnet migration within the Cooling Off Period, you risk losing most of your Mobile Balance (excluding Pi mined within 6 months prior to migration).”

Controversy Surrounding Pi Coin

Pi Coin has faced various claims of being a pyramid scheme and is considered a high-risk investment.

This is not investment advice.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Greed

    63