ricardo π

🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 Pi Network's Former member Files Lawsuit Over 25 Million Unpaid Pi. What Should We Really Be Concerned About? On November 13, 2025, Swaroop Poudel, a former Pi Network head of marketing, filed a lawsuit against SocialChain Inc. and Pi Community Company in a California court. I reviewed the actual 6 page complaint filed with the court. Here are the key details. 1. Key Facts About the Lawsuit - The plaintiff joined the company in August 2021 as Director of Community Success and Partnerships, reporting directly to Chengdiao Fan. - He claims he was initially offered stock options covering 2.2 million company shares, which were later replaced with a restricted token award of 40 million Pi. - According to the complaint, approximately 27.5 million Pi had vested during his 33 months of eligible service under a four-year vesting schedule. - However, he claims he received only approximately 2.42 million Pi, leaving more than 25 million Pi unpaid. - He is seeking the release of those tokens or equivalent financial compensation. These are allegations contained in the filed complaint. The alleged breach of contract should not be treated as an established legal finding. --- 2. What Concerns Me Even More Is the Historical Example of Ripple and Jed McCaleb Pi Network previously went through a legal dispute involving its co-founder, Vincent McPhillip. Now, another lawsuit has emerged involving a former key executive and his token compensation. This situation naturally reminds me of Jed McCaleb, the co-founder of Ripple. After leaving Ripple, McCaleb spent years selling massive amounts of XRP from his holdings. He originally held approximately 9 billion XRP. Following legal disputes with Ripple, he agreed to restrictions on his sales and continued gradually selling his XRP holdings until 2022. We cannot definitively say that his sales directly caused XRP's price declines. However, the possibility of continued selling by a former founder holding enormous amounts of tokens can certainly create concerns and potential pressure on the market. What if something similar happens to Pi? What if internal conflicts and legal disputes continue, and former key members eventually begin selling large amounts of their Pi holdings? Can a market with such weak buying demand absorb that supply? And if conflicts involving former insiders continue over the years, couldn't that negatively affect both Pi's market value and investor confidence? I sincerely hope we never see that scenario. Of course, I don't think lawsuits like this are particularly uncommon in the crypto industry. However, the fact remains that Pi has yet to demonstrate any meaningful or sustained price appreciation. That's exactly why I find this situation concerning. I sincerely hope the Pi Core Team comes up with a wise and effective solution. @nkokkalis @PiCoreTeam #파이 #pi