Pi Coin Price Prediction: $10M Fraud Lawsuit Hits as 2 Billion Tokens Dumped – Is Pi Coin Going to $0?
Investors are stepping again as a $10 million lawsuit accuses Pi Network of a large-scale fraud scheme, casting a shadow over bullish PI coin price predictions.
Questions of unauthorized transaction, a secret 2 billion Pi token dump, and intentionally delayed community migration have sparked an exodus, with the altcoin down 5%.
According to court filings, plaintiff Harro Moen claims the scheme unfolded over a number of years and brought about vital monetary harm. He is searching for $10 million in damages.
Is a lawsuit actually going to be filed towards #PiNetwork?
I do not know if that is true or false, however I do know that its worth will quickly lower, and other people’s belief in it would additionally diminish.@PiCoreTeam wants to reply now. pic.twitter.com/fMDQj5ouCD
— The Times of PiNetwork (@PiNetwork24X7) December 7, 2025
Moen credit an April 10, 2024 unauthorized switch of 5,137 PI tokens from his verified pockets to an unknown deal with to a scheme to dump over 2 billion PI of person funds.
He additional added that the state of affairs was worsened by the failure to migrate his remaining 1,403 tokens to the Pi Network Mainnet, exposing him to heavy unrealised losses.
The criticism additionally argues that regardless of advertising Pi Network as decentralized, the defendants allegedly maintained centralized management by working solely three validator nodes.
These accusations threaten to worsen Pi Network’s greatest ache level: adoption. The undertaking already lacks a significant use case to maintain long-term progress, and now builders could sideline the layer-1 fully.
Its liquidity pressure could deepen additional, with short-term speculative buying and selling amplifying deflationary stress as token unlocks proceed at a median tempo of 6.1 million PI per day.
Pi Coin Price Prediction: Is a Recovery Still Possible?
The controversy comes as the PI coin worth assessments a powerful confluence of help with the decrease boundary of a 2-month ascending triangle and the 0.5 Fib retracement stage.
Momentum indicators present bullishness peeking by way of. The RSI has bounced from near-oversold ranges, usually a backside marker in corrections.
The MACD additionally slowly closes in on a golden cross above the sign line, an indication of rising power.
As a launchpad, this help might arrange a breakout to the patterns $0.40 goal, an 8-% acquire from present costs.
Still, the lawsuit might dent bearish sentiment sufficient to disrupt the sluggish progress. A breakdown targets all-time lows, 30% decrease at $0.15.
And under that lies a harmful hole space, with little historic help to cushion draw back, which opens the door to a 65% decline to the 1.618 Fib retracement at $0.075.
Bitcoin Hyper: A Layer-2 Attracting Talk For Better Reasons
Those who jumped to Pi Network as an alternate Layer 1 to the main crypto could also be pressured to rethink, as the Bitcoin ecosystem lastly addresses its greatest limitation: ecosystem progress.
Bitcoin Hyper ($HYPER) is bridging Bitcoin’s safety and stability with Solana’s velocity, creating a brand new Layer-2 community that unlocks scalable and environment friendly use circumstances Bitcoin couldn’t help alone.
The undertaking has already raised virtually $30 million in presale, and post-launch, even a small share of Bitcoin’s buying and selling quantity might push its valuation considerably greater.
Bitcoin Hyper is fixing the sluggish transactions, high charges, and restricted programmability which have capped Bitcoin’s potential – simply as the market turns bullish.
To purchase HYPER on the presale worth and earlier than it lists on exchanges, go to the official Bitcoin Hyper website and join a crypto pockets such as Best Wallet.
You can swap crypto or use a financial institution card to make the acquisition in seconds.
Visit the Official Website Here
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