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Bity CEO denounces Pi Network as a scam and announces no listing for its token. PI token value plunges 59%. Binance polls users on listing.

Ben Zhou, the CEO of Bity exchange, labeled Pi Network as a scam and stated that the exchange has no plans to list the PI token. Referring to reports of the project’s illegality in China, he emphasized that Bity will refrain from any collaboration with this token. Meanwhile, the value of the PI token dropped over 59% to $0.7806, triggering a 2833% surge in trading volume. On the other hand, Binance is conducting a poll to gauge user interest in listing this token.

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