According to Pi Network DEX, on May 9, 2026, Pi Network’s Core Team removed WorldBanksPi, a top-ranked DApp in the Pi Browser with over 140,000 users, without advance notice or appeal process. The project was identified as a Ponzi-style operation marketing false valuations and deposit-to-earn schemes under Pi Network branding, violating ecosystem compliance standards.
The removal is part of a broader ecosystem cleanup ahead of the Protocol 23 upgrade deadline on May 15, 2026, which will introduce smart contract functionality. Pi Network is targeting fraudulent wealth management schemes, Ponzi structures, and non-compliant applications to prepare for legitimate external developers entering the chain.
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