I have never heard any information about pi coin being scam or not, but have seen people doing their kyc and whatever, though there was time I heard it was also listed but since I didn't have any picoin neither did I even mine it when others were mining it.
It was never listed. I think you've seen it with Huobi listing PI. But that's not the actual PI coin that these people are getting crazy for.
What's listed on huobi is a PI IOU and that's why even if it has been traded there and there's a price already, no one can deposit it there. So it never comes out and no one will ever be able to deposit from outside because it's an IOU.
Thank you for the clarification, I never had this idea that it wasn't a the main pi listed there, though I had some friends who lost their pi in that exchange trying to go trade their coin but when they discovered it was a fake there was no means for them to get their coin, I think it was said that the exchange was depending some percentage of fee from them to be able to get their coin withdrawn from that exchange.
Which is why I have decided to leave my pi untouched in my pi browser you know one can actually create a wallet inside that pi browser that's the main-net after creating the wallet so I decided to migrate most of my pi to the main-net, then I decided to lockup my pi till next year.
if not for the fact that I lockup my pi for long duration I don't know what would have happened next, because a friend of my was telling me about that exchange but when he discovered that my pi is undergoing a lockup process so he just decided to let go. because he knows we can not on do the process, if not I would have been a victim to that as well, because I'm pretty sure that's the exact exchange my friend was actually referring to.