Pi Coin Users Slam Pi Network Team on Failed Wallet Migration

As the Pi Network team releases security instructions for the Pi Wallet, Pi coin users have shared their frustration, stating their wallets show no Pi tokens despite following all migration instructions issued by the core team. The users have been complaining about this issue for a while, and have asked the team members to take quick cognisance of this matter. Discussions around possible Phase 2 migration have re-ignited some hope among community members.

Pi Coin Users Express Frustration on Not Receiving Tokens

Over the last two days, the Pi Network Core Team has asked users to take security measures and make sure that they don’t share their private phrases with bad actors or phishing websites. The team said users might lose their Pi tokens from the wallets entirely if they submit any crucial details, as these transactions are completely irreversible.

However, the Pi coin users and validators took this opportunity to remind the Pi Core team that the failed wallet migration has led to Pi tokens not getting reflected in their wallets. One user on the X platform, Haifeng Chen, responded to the Pi Network post, stating:

“Stop talking nonsense. I don’t want to hear it. Give me back that damn $Pi. I’ve worked hard for six years. You still haven’t mapped it for me until now. What’s your reason for constantly delaying? Mapping is the right of every pioneer. Hurry up and map it Pi Network. Oh my god”.

A few other users also responded to it, calling the project entirely a scam. While some users said that they haven’t received their Pi tokens in the wallet yet, others questioned the recent transfer of 276 million Pi Coins by the Pi Foundation wallet.

Pi Network Should Address Discrepancies in Wallet Migration

James Zito, founder of Zito Reality and a Pi Network Pioneer, has also raised concerns regarding the inconsistencies in the migration process for Pi Network users. James wrote that despite completing all required steps, including KYC approval and the mainnet checklist, some Pioneers have reported that their migrated Pi coins are not reflected in their wallets.

As said, several community members have claimed that their wallet shows zero balance post-migration. Additionally, there have been cases of multiple wallets being generated during the process, leading to confusion about the final location of the migrated Pi.

James wrote that he’s not being negative but requests the Pi core team to hold accountability for this process. The team needs to really address this matter ahead of the Pi Day 2 celebration on June 28. He also said that Pioneers are willing to work with them for a successful transition. Responding to this, popular community member Dr. Altcoin said:

“For the past six years, Pioneers have carried the project through their dedication and hard work. Now it is time for the Pi Core Team to show accountability, embrace transparency, and reward the very Pioneers who built the foundation of this network”.

On the other hand, speculation is growing around a potential Phase 2 mainnet migration, which could address delayed KYC issues and pave the way for a recovery in the Pi Network token’s value.