Pi Network has recorded an increase in fraud and phishing attacks against users.
Losing your password or seed phrase for a non-custodial wallet means permanently losing your Pi coins.
The team urges users to use only the official wallet and ignore any promises of "quick gains."
The Pi Network team has issued an urgent security warning to users worldwide. Amid the transition to an open mainnet, developers urged participants to be especially vigilant and protect their wallets from scammers.
Pi Network Warns of Increased Phishing
Pi reminded users that its wallets are non-custodial—accessible only to the owner. If attackers obtain a password or seed phrase, it will be impossible to recover the coins. All transactions on the blockchain are irreversible.
The team has noted an increase in the number of fake websites, apps, and social media accounts. Scammers often impersonate Pi Network employees or customer support and attempt to trick users into revealing wallet data. Pi emphasizes that the project never asks for a password or seed phrase.
Popular scams include fake Pi giveaways, requests to "verify your wallet," and promises to speed up coin unlocking or increase your balance. Fake apps and browser extensions are also common. Any such offers are a scam, the developers warn.
To access the wallet, it is recommended to use only the official Pi browser and the wallet.PiNet.com page. Entering data on third-party websites or clicking random links from social media and messaging apps is dangerous.
Pi Network also reminded that the project is still in the testing phase and is gradually decentralizing. Full ecosystem openness and source code publication are planned after all checks are completed. These are the periods when scammer activity typically increases.
Along with the warning, a new feature, "2025 Overview," was added to the app. It allows users to view their mining statistics, achievements, and progress over the past year.