What is the PI Core TEAM upto???

Economic Red Flags**
- **Hyperinflation**: Pi’s circulating supply doubled in a year (from 2B to 5.56B coins), diluting value. The whitepaper even admits future inflation may be unlimited .
- **IOU Volatility**: Pre-mainnet "IOU" tokens crashed 42% in a day, revealing speculative risks. Post-mainnet, Pi’s price collapsed 76% from $2.99 to $0.68 .
- **No Utility**: Pi coins cannot be used for transactions or traded freely, rendering them worthless despite years of accumulation .
. Regulatory and Security Concerns**
- **Chinese Police Warnings**: Authorities labeled Pi a scam targeting elderly users, accusing it of data theft and pension fraud .
- **No Audits**: The absence of independent security audits raises risks of exploits or fraud .