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$PI Nicolas's trial for financial fraud will be held on the 23rd of this month. Senior lawyers in the financial field believe that, considering the actions of the Pi project team over the past ten months, the plaintiff has a 99% chance of winning. If nothing unexpected happens, Nicolas will be convicted of financial fraud and face more than 20 years in prison.
At that time, the entire Pi project team will disband within this year, and all related personnel will face legal sanctions. A nearly eight-year-long financial scam drama is about to come to an end.
Meanwhile, the lawyer reminds crypto enthusiasts to stay away from Pi coin-like pyramid schemes, multi-level marketing schemes, and various meme tokens, as the losses outweigh the gains.