Market Cap: $3.3681T 1.190%
Volume(24h): $82.0486B 24.680%
  • Market Cap: $3.3681T 1.190%
  • Volume(24h): $82.0486B 24.680%
  • Fear & Greed Index:
  • Market Cap: $3.3681T 1.190%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$109408.092997 USD

1.15%

ethereum
ethereum

$2576.759001 USD

2.43%

tether
tether

$1.000278 USD

0.00%

xrp
xrp

$2.276102 USD

2.70%

bnb
bnb

$662.328194 USD

1.09%

solana
solana

$152.320048 USD

3.54%

usd-coin
usd-coin

$1.000060 USD

0.00%

tron
tron

$0.288181 USD

1.62%

dogecoin
dogecoin

$0.173414 USD

5.90%

cardano
cardano

$0.590629 USD

3.17%

hyperliquid
hyperliquid

$39.996344 USD

1.59%

sui
sui

$2.935392 USD

1.32%

bitcoin-cash
bitcoin-cash

$499.091118 USD

2.48%

chainlink
chainlink

$13.620152 USD

3.25%

unus-sed-leo
unus-sed-leo

$9.048157 USD

0.09%

Cryptocurrency News Articles

Pi Network Community Divided: Transparency Battle Between Influencers Heats Up

May 20, 2025 at 12:30 am

The Pi Network community is currently witnessing a public clash between two prominent voices: Dave Rosco and Dr. Altcoin.

The Pi Network community is currently embroiled in a public spat between two prominent voices: Dave Rosco and Dr. Altcoin. What began as a disagreement over blockchain wallet data has escalated into a heated exchange about integrity, transparency, and the future direction of the Pi project. The argument also touches on deeper frustrations within the community, especially around unfulfilled promises, token migration, and how the core team communicates with its users.

In a recent YouTube video, Rosco directly addressed claims made by Dr. Altcoin, who had accused the Pi Core Team of selling 12 million PiCoins within 24 hours. Rosco, who recently hit 10,000 subscribers, expressed serious concern over what he described as misinformation being spread by Dr. Altcoin.

He argued that the transactions in question were actually standard token migrations from the Pi Foundation 2 wallet to user wallets – not sales by the Core Team. Using Piscan data, he demonstrated how the wallet addresses involved were tied to legitimate user migrations and not market activity. He also explained the importance of responsibility, especially for influencers with large followings. According to Rosco, emotional or unfounded accusations damage the credibility of the community and spread unnecessary panic.

Furthermore, Rosco didn’t stop at technical clarifications. He went on to criticize Dr. Altcoin’s tone and behavior, calling it reckless. While acknowledging some frustrations with the Core Team himself, particularly regarding their May 14th teaser, Rosco made it clear that transparency demands should be based on facts, not assumptions.

He pointed out that the Pi Core Team has the right to sell Pi from its allocated supply and noted that previous announcements already outlined how a portion of Pi would be used for development and venture funding.

Dr. Altcoin responded to Rosco’s video not with more accusations, but with a more composed and reflective post. He said he appreciated Rosco’s effort to question him, but felt that making a video was unnecessary since he had already replied on social media and boasted that Piscan can help settle the issue once and for all.

He then doubled down on his stance, asking Piscan to provide official data on Pi sales over the past week to help . Dr. Altcoin clarified that he never intended to spread fear, uncertainty, or doubt (FUD), but rather to hold the Core Team accountable for what he described as years of broken promises.

Although I appreciate your effort to challenge my posts, there was no need to go as far as making a YouTube video about it. I had already responded to you here on X, and I hope Piscan (@piscanofficial) will be able to provide the total PiCoins sold by the Pi Core Team in the last…

He argued that much of what the Core Team originally promised in the roadmap and whitepaper has not been delivered. According to him, delays in KYC approvals, bonus distributions, and ecosystem development have left millions of users in the dark. He said he may have made mistakes, but insisted they were driven by good intentions, unlike what he claims are the deceptive actions of the Core Team.

Dr. Altcoin urged the community to stand with him in demanding transparency, referencing a past community push that allegedly led to the launch of the Open Network. For him, this latest conflict isn’t personal – it’s about holding powerful entities accountable.

As tensions rise, the Pi Network community is left grappling with who to trust and how to move forward. Both Rosco and Dr. Altcoin clearly care about the project, but they represent different strategies for how to demand transparency—one grounded in verification, the other in vocal pressure. The truth may lie somewhere in between, but for now, the debate has spotlighted growing impatience within a once tightly unified group.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here.

We recommend eToro for trading cryptocurrencies smartly, with low fees and a social copy trading feature.

Get the best rates for crypto with Moness

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Jul 08, 2025