Pi Network rolls out AI KYC tools and a CiDi Games tie-up just as PI price slides, whales reload, token unlocks loom, and a $10m fraud lawsuit heads to court.
Summary
- Pi Network integrated new AI KYC tools to cut manual checks, widen Mainnet-unlocking access, and improve privacy for Pioneers in regions short on human validators.
- The project invested in CiDi Games to build Pi-enabled games and expand real-world token utility while PI price sinks and a major whale resumes aggressive accumulation.
- A U.S. investor lawsuit alleges secret multi-billion PI sales, price manipulation, and deliberate Open Mainnet delays, seeking $10m in damages with a Dec. 23 hearing set.
Pi Network has implemented several technical updates in recent weeks while its native token experiences significant price declines and the project faces legal challenges, according to information from the development team and court filings.
Pi Netork changes on the horizon
The Pi Network (PI) Core Team recently integrated additional artificial intelligence tools designed to streamline the Know Your Customer (KYC) verification process for users, referred to as Pioneers. According to the announcement, the upgrade addresses validation shortages in regions with limited human reviewers, expands Mainnet-unlocking KYC access for additional users, reduces the number of applications requiring manual review, and enhances privacy protections.
The project also announced a partnership with CiDi Games, a platform that develops Pi-related games. The collaboration aims to expand real-world applications for the PI token and provide additional opportunities for network participants, according to the announcement.
Pi Network currently faces legal action from a group of users who filed a lawsuit alleging the project secretly sold billions of PI tokens, manipulated the token price, and deliberately delayed the Open Mainnet launch. The plaintiffs are seeking $10 million in damages and have named co-founders Dr. Nicolas Kokkalis and Dr. Chengdia Fan, along with other unnamed individuals, as defendants. A court hearing is scheduled for December 23, 2025, according to court documents.
The PI token has experienced substantial price declines from its earlier 2024 highs, according to market data. Token unlock schedules show more than 182 million PI tokens are scheduled for release over the next 30 days, representing an average daily unlock of over 6 million coins, according to data from the project. Such releases typically increase available supply in the market.
The project’s development team has not issued official statements regarding potential updates planned for early 2025, though speculation exists among community members regarding future announcements.
