Bybit CEO Ben Zhou said Thursday that his exchange will not list the Pi Network's PI token, which was controversially released on Thursday, citing a Chinese police warning from 2023 that alleged the project was a scam targeting elderly people, leaking their personal information and leading to the loss of their pensions.

Bybit CEO Ben Zhou criticized the Pi Network, calling it a scam. Zhou cited a 2023 Chinese police warning alleging the project targets the elderly.

Pi Network’s mainnet launch sparks debate. Supporters tout its global adoption and blockchain tech, while critics question its legitimacy.

Pi Network’s mainnet launch overshadowed by Bybit CEO’s harsh criticism. On Thursday morning, the Pi coin was officially listed on several exchanges, including OKX, Gate.io, B

Bybit CEO Ben Zhou has openly denounced Pi Network, labeling it a scam and firmly rejecting any possibility of listing its token on the exchange. His remarks

Bybit CEO Ben Zhou calls Pi Network a scam, urging the team to address growing legitimacy concerns and market doubts