The future of Pi Network on Binance now seems uncertain after a shocking statement from Bybit co-founder and CEO Ben Zhou. He didn’t just reject Pi Network—he went as far as calling it “more dangerous than meme coins” and even compared it to a Ponzi scheme.
With Binance yet to confirm Pi’s listing, many are now asking: Did Zhou’s words just put Pi in serious trouble?
Ben Zhou’s statement about Pi Network was unexpected and brutal. He raised serious concerns, pointing out:
Pi Network claims users can earn money just by pressing a button, but never explains how those rewards are generated.
People have been mining Pi for years, yet many still haven’t received anything valuable.
Leaks of internal information have raised questions about Pi Network’s operations.
It could be operating like a Ponzi scheme, where early adopters benefit at the expense of newer users.
Zhou’s biggest concern? Unlike meme coins, where people know they are taking a risk, Pi attracts users with little knowledge of cryptocurrency. That makes it even more dangerous, according to him.
Now, with a major crypto CEO calling out Pi Network, Binance may think twice before listing it.
Binance recently introduced a new "Vote to List" system, where users decide which cryptocurrencies should be added to the platform. Pi Network won the vote with 87.1% in favor! But despite the clear support, Binance has not announced a listing.
Why the delay? Here are some possible reasons:
Regulatory Concerns – If Pi doesn’t meet legal requirements, Binance could get into trouble.
Lack of Clarity – Binance may want clearer answers on Pi’s mainnet migration and how users can trade their mined Pi.
Bybit CEO’s Warning – After Zhou’s harsh statement, Binance may be reconsidering its decision to avoid controversy.
With the March 14, 2025, KYC deadline for Pi users getting closer, people are getting impatient. Will Binance finally list Pi, or will it stay silent?
The frustration among Pi supporters is growing. Thousands of Pi enthusiasts are asking, “Why hasn’t Binance listed Pi yet?” Some have even taken to Google Play and Apple App Store to flood Binance with one-star reviews, demanding an explanation.
Meanwhile, some are comparing the values of $pi and $BNB, giving rise to the debate among pioneers. Could there be more at play here than just a community vote?
Right now, Binance’s next move is a mystery. The community wants Pi listed, but Bybit’s CEO has just raised serious doubts.
If Binance moves forward, it risks backlash from critics who agree with Bybit’s concerns.
If Binance cancels the listing, it will disappoint thousands of Pi supporters who fought for it.
Either way, this is a crucial moment for Pi Network. Will Binance finally confirm pi listing , or has Bybit’s CEO just ruined everything?
Also read: GemZ Daily Combo and Cipher Code 10 March 2025: Play To Earn
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.
Copyright © 2025 Coin Gabbar. All Rights Reserved.
