Pi Network issues warning about phishing and scammers

Key points:

• Pi Network has recorded an increase in fraud and phishing attacks against users.
• Losing the password or seed phrase for a non-custodial wallet means permanently losing your Pi coins.
• The team urges users to use only the official wallet and ignore any promises of "quick profits."

The Pi Network team has issued an urgent global security warning for users worldwide. Amid the transition to an open mainnet, the developers have urged participants to remain especially vigilant and protect their wallets from scammers.

Pi Network Warns of a Rise in Phishing

Pi reminded users that network wallets are non-custodial—access belongs exclusively to the owner. If attackers obtain a password or seed phrase, it will be impossible to recover the coins. All blockchain transactions are irreversible.

Source: X.com

The team notes a growing number of fake websites, applications, and social media accounts. Scammers often impersonate Pi Network employees or customer support and attempt to extract wallet credentials. Pi emphasizes that the project never asks for passwords or seed phrases.

Common schemes include fake Pi giveaways, requests to “verify a wallet,” promises to speed up coin unlocking, or offers to increase balances. Fake apps and browser extensions have also been reported. Any such offers are fraudulent, the developers warn.

To work with the wallet, users are advised to use only the official Pi Browser and the wallet.PiNet.com page. Entering credentials on third-party websites or clicking random links from social networks and messengers is dangerous.

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Users are advised to verify their sources of information and exercise caution.

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Pi Network also reminded users that the project is still in a testing phase and undergoing gradual decentralization. The full opening of the ecosystem and the release of the source code are planned after all audits are completed. It is during such periods that scammer activity typically increases.

At the same time as the warning, a new “2025 Overview” feature appeared in the app. It allows users to view their mining statistics, achievements, and progress over the past year.