**Correction of Two Misleading Information**

1. Please be aware that claims that Pi on the exchange is fake Pi are misleading.

It is crucial to only purchase Pi from the 5 KYBed exchange market and avoid any links to other websites for acquisitions. This ensures that your Pi is legitimate and identical to the Pi we mined. There is no distinction between Web 3.0 Pi and Web 2.0 Pi; any claims to the contrary are intentionally misleading to pioneers. These individuals aim to undermine the success of the Pi Network. They understand that if pioneers buy Pi on the exchange market, both Pi and GCV will succeed, and they are exploiting pioneers' lack of information.

Additionally, please refer to CT’s announcement from two days ago, which states that both pioneers and non-pioneers can use the third-party KYC service platform Banxa to complete KYC verification, activate their Pi wallets, buy Pi from the exchange market, and transfer it to their Pi wallets to join the ecosystem. I have noticed that many pioneers have successfully passed KYC on Banxa and are already using their purchased Pi for bartering. Ms. Nonny Padja provided proof of this last month. Personally, I have successfully used my purchased Pi to bid in a domain name auction. Therefore, we can see that the liars are continuously misleading pioneers to hinder our operations at GCV.

2. Those who claim that if you buy Pi on the exchange market and then transfer it back to your Pi wallet, your wallet may be frozen are spreading false information.

This is complete nonsense! Why would CT freeze the accounts of those who transfer back from the exchange market? CT wants Pi to be stable and widely used. Therefore, they have no reason to freeze the accounts of pioneers engaging with the exchange market. Some individuals are using old migration agreements to threaten and intimidate pioneers.

I want to reiterate: After February 20, 2025, it is permissible to exchange Pi for fiat. Pay attention! We are now on the Open Network! All policies from the enclosed mainnet have expired!

If CT did not want pioneers to engage with the exchange market, they would not have listed the 5 KYBed exchange market. If CT purposely lists the exchange market and then freezes pioneers’ accounts for participating, does that not seem like a trap? It doesn’t make sense that CT would intend to harm the project or its pioneers. Furthermore, millions of pioneers, including myself, have transferred Pi from the exchange market over two months ago, and our wallets are still active.

This rumor aims to prevent the Pi Network from achieving its goals. Moreover, it benefits whales who manipulate the Pi price on the exchange market; this is their only objective. They need pioneers to place Pi on the exchange market so that they can borrow from it to control the Pi price downwards.

image