"Millions of Pi Coins Withdrawn From OKX

As of my last knowledge update in June 2024, **Pi Network** remains in its **Enclosed Mainnet phase**, meaning Pi coins are not yet tradable on major exchanges like OKX. The **Pi Core Team** has repeatedly warned against buying or selling Pi coins, as doing so violates their policies and could result in account suspension.

### Regarding the Claim: *"Millions of Pi Coins Withdrawn From OKX"*

1. **No Official Listing on OKX** – Pi Network has not announced any official listing on OKX or other exchanges. Any Pi trading on such platforms is **unofficial and risky**.

2. **Possible Fake Pi or IOUs** – Some exchanges may list "IOUs" (promises for future Pi coins), but these are speculative and not backed by real Pi.

3. **Unusual Activity?** – If users report large withdrawals, it could indicate:

   - A **scam or fake Pi** being traded.

   - **Market manipulation** by traders dealing in IOUs.

   - **Misleading reports** to create hype or panic.

### Pi Network’s Official Stance

- The **Pi Core Team** has not authorized any exchange listings.

- **KYC and Mainnet migration** are still ongoing; only migrated Pi should be considered legitimate.

- **Beware of scams**—never share your passphrase or pay for "Pi withdrawals."

### What Should Pi Users Do?

- **Ignore unofficial exchange listings** – Trading Pi now risks losing coins or account bans.

- **Complete KYC and migrate to Mainnet** – Only then will Pi become transferable (when Open Mainnet launches).

- **Verify news via official channels** – Follow Pi Network’s official announcements (website, app, or verified social media).

### Conclusion

Until **Open Mainnet** launches, any Pi trading activity on exchanges like OKX is **not legitimate**. Stay cautious and avoid engaging in unauthorized transactions.