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Members of the Pi Network community are raising alarms over a growing scam method that has already resulted in millions of Pi tokens being drained from user wallets. The scheme exploits the network’s payment request feature and the inherent transparency of blockchain data. It prompts the Pi Core Team to temporarily disable payment requests as losses mount. A Scam at Scale: The address—GCD3SZ3TFJAESWFZFROZZHNRM5KWFO25TVNR6EMLWNYL47V5A72HBWXP—has been accused of stealing between 700,000 and 800,000 Pi per month. According to reports, cumulative losses now exceed 4.4 million Pi. Data shared by Pi Network Update shows consistent monthly inflows to the address: roughly 877,900 Pi in July 2025; 743,000 Pi in August; 757,000 Pi in September; 563,000 Pi in October; 622,700 Pi in November; and over 838,000 Pi in December. The figures suggest a coordinated and sustained operation rather than isolated incidents, with December’s spike indicating accelerating activity. Pi Team Disables Payment Requests: In response, the Pi Team has temporarily suspended the “send payment request” feature. The suspension is described as a stopgap measure rather than a permanent fix. The feature may be re-enabled once additional safeguards or user protections are assessed. Until then, the network advises users not to accept or approve any payment requests sent to their wallets, regardless of who appears to be the sender. Warnings stress that scammers may pose as friends, family members, or even official Pi accounts. The incident highlights a broader challenge for blockchain networks: striking a balance between transparency and usability, while maintaining user security. While the Pi protocol functions as intended, the episode highlights how easily social engineering can exploit standard features to create attack vectors. As payment requests remain disabled at year’s end, Pi Network’s PI Coin was trading for $0.20381, up by almost 1% in the last 24 hours. Pi community members continue to track suspicious wallets and amplify security warnings. They urge vigilance as scams become more sophisticated and widespread.
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