Pi Network Hit With $10 Million Fraud Lawsuit as Community Disputes Key Claims

SocialChain Inc. , the company behind Pi Network, is facing a $10 million lawsuit after an investor accused it of orchestrating a fraud scheme. The complaint alleges that the company conducted unauthorized token transfers, secretly sold 2 billion Pi tokens, and deliberately delayed network migration. These actions reportedly triggered a dramatic collapse in the token’s price source: https://beincrypto.com/pi-network-securities-fraud-lawsuit/