Pi Network KYC Deadline Ends: Users Lose Tokens, Price Drops 11%

Pi Network’s migration deadline has left many users empty-handed as unverified accounts lose large sums of tokens, sparking outrage and confusion.

By Tylt Editorial Team

Mar 14, 2025

Mar 14, 2025

Pi Network KYC Deadline Ends: Users Lose Tokens, Price Drops 11%
Pi Network KYC Deadline Ends: Users Lose Tokens, Price Drops 11%
Pi Network KYC Deadline Ends: Users Lose Tokens, Price Drops 11%

Pi Network’s KYC deadline passed, causing users to forfeit their tokens.

Technical glitches and confusion led to an 11% drop in PI’s price.

Despite setbacks, Pi Network’s strong fanbase may fuel a rebound.

After multiple extensions and repeated warnings, Pi Network's migration deadline has officially ended. Users who failed to complete their KYC verification before the deadline have lost access to their tokens, with some reporting massive losses. The situation has led to significant outrage within the community, with allegations of technical glitches further complicating the process.

Many users claimed they were unaware of the deadline, while others reported difficulties in verifying their identities. One user in particular stated that they lost 10,000 Pi tokens due to the migration cutoff. Social media has since been flooded with complaints, with some individuals even calling the project a scam.

The confusion and frustration surrounding the migration have contributed to a decline in Pi Network’s price. After showing bullish momentum in the lead-up to the migration, Pi’s value dropped by approximately 11% following the forfeiture of tokens. The uncertainty has cast a shadow over the project’s future, though its dedicated community remains hopeful for a rebound.

Pi developers had previously announced that all users must complete KYC and migrate to the mainnet by 8:00 AM UTC on March 14, 2025, or risk forfeiting their tokens. While some holdings—such as tokens mined within the past six months—remain safe, the broader losses have caused widespread panic.

Pi Network’s price fluctuations have been heavily influenced by community sentiment, and this event is no different. While the project continues to face accusations of being a scam, its strong support base may help it recover in the long run. Whether Pi Network can overcome this migration crisis remains to be seen, but for now, affected users are left grappling with their losses.

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