Bybit CEO Ben Zhou parades through the crypto bazaar, waving a 2023 warning flag from China’s law enforcement, declaring Pi Network a scam. Meanwhile, Pi drops a $12.6 billion airdrop bombshell, yet even that can’t silence its critics. Talk about messy family reunions in the blockchain world! 🤷♂️
In the warning, Pi was branded with all the charm of a bad circus act: a pyramid scheme preying on the elderly, using strategies that read like a villain’s to-do list. “Develop downlines!” “Resell data!” “Defraud someone’s grandmother!” 🎩😭 The catastrophic potential? It might even shuffle China’s crypto policies like a house of cards caught in a gale.
Bybit Sticks to Its Guns — No Pi for You!
Amidst the cacophony of Pi’s mainnet launch, billed as a spectacular feat that birthed the largest airdrop in history, Bybit’s Ben Zhou scornfully retweeted the 2023 Chinese warning, stating emphatically, “Not on my watch!” 👀
“Scams galore! Download an app, mine for free, lecture the elderly, prey on pensions… The usual charming menu of fraudulence. Avoid at all costs!” — Harsh words, courtesy of Zhou waving his digital pitchfork. 🛡️⚡
Zhou didn’t just do it to protect his exchange (and, probably, his snack stash). He was also replying to Pi fans roasting him online, clapping back harder than grandma slapping the lid on a pot of borscht. 🍲🔥
But Bybit isn’t the only player in this soap opera. When OKX flirted with the idea of listing Pi, the crypto crowd warned: “Do that and watch China give you the cold shoulder!” Binance tried to be democratic with a community vote, but opinions were as divided as cats and dogs squabbling over the last bit of sausage. 🐱🐶
Detractors argue that Pi might be holding a ticking time bomb of scandal for China’s delicate crypto affair. The 2023 dossier read like a noir detective novel: conmen, elders, and a tarnished industry. Honestly, we’re only missing an ominously flickering streetlight. 🔦⛓️
Still, Pi’s defenders are as loyal as a dog during dinner time. You won’t find the shiny coin on Bybit, but, oh, there’s no shortage of places eager to peddle it. However, buyers beware: after launching at $1.24 earlier today, the price has already taken a 50% nosedive. What’s next? Your guess is as good as a fortune-telling cat’s. 🔮🐾
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2025-02-20 22:00