I have not been very active over the past few days because I was conducting extensive research. I had been receiving numerous messages from the community reporting that individual accounts were offering to buy Pi Coins at $15, $30, or even $50 per coin. I thoroughly investigated these claims and have identified the fraudulent structure behind them. It’s essential to share this with the community.
Here’s how this scam operates:
Scammers monitor social media posts related to Pi and target users. They approach you with an offer like:
‘We want to buy your Pi Coins directly from your wallet, not from an exchange, and we’ll pay $20 per coin.’
They then request a screenshot of your wallet balance for verification and send you a link to a page that appears to be a Pi Network wallet portal. However, this page is a fake replica, embedded with keyloggers and malicious software.
Once you input your wallet recovery phrases on this fake site, your private keys are compromised, and your funds are stolen.
Please quote this message, retweet it, and help raise awareness.
Awareness is the strongest defense to protect our community.