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The truth about this image:
The SEC has neither recognized nor partnered with Pi Network.
This is an entry in the "Other Business Activities" (OBA) section of a disclosure filed by an individual named Julius Arthur Bontigao (a financial advisor formerly with Fidelity).
Individual disclosure requirement:
Under US Financial Industry Regulatory Authority (FINRA) regulations, financial advisors are required to self-report all outside employment or income-generating activities when registering to practice regardless of the nature of the work (ranging from multi-level marketing or ride-sharing services to mining cryptocurrency via a mobile app).
Content of the disclosure: The individual simply entered into their record that they participate in "mining crypto using a phone app" associated with the "Pi Network" organization.
In summary, SEC and FINRA systems merely store and display information self-reported by the individual; this carries absolutely no legal weight as proof that the SEC endorses or "backs" Pi Network.
PiCoreTeam
Aug 21st-10:06pm
Following the successful completion of the Protocol 26 upgrade on Pi Mainnet, Pi Testnet is upgrading to Protocol 27. Protocol 27 introduces more flexible and secure smart contract authentication capabilities, enabling more advanced ways for accounts
PI NETWORK IS THE BEST GIFT IN THIS WORLD. 🎁
I BELIEVE PI’S FOUNDERS, NICOLAS AND HIS WIFE, WILL GO DOWN IN HISTORY AS GREAT PEOPLE WHO MADE A SIGNIFICANT CONTRIBUTION TO HUMANITY. ✨
Protocol 26 trên Pi Mainnet, Pi Testnet đang nâng cấp lên Protocol 27!
Protocol 27 giới thiệu các khả năng xác thực hợp đồng thông minh linh hoạt và an toàn hơn, cho phép các cách thức nâng cao hơn để tài khoản và ứng dụng ủy quyền giao dịch. Việc nâng cấp tiếp tục công việc rộng lớn hơn của Pi nhằm tích hợp các tính năng giao thức mới hơn và mở rộng khả năng hợp đồng thông minh của mạng lưới.
Ngày mục tiêu cho việc nâng cấp Mainnet lên 27 là ngày 15 tháng 9 năm 2026.
🔥🔥🔥The crypto that will dominate the digital world will be the one that implements ecological development. Pi Network is a project that has already conquered the entire global market in terms of buying and selling. Nearly 200 countries, villages and cities around the globe already know about Pi Network. Pioneers have remained calm and unwavering.🚀🚀🚀💃💃🥰🥰🍸🍸