$PI Pi Coin is a highly centralized scam, an “air coin” points scheme, and a Ponzi scheme that drains funds. Some people still fantasize that it can get through via the U.S. CLEAR Act. The so-called “public chain” building that supposedly took 7 or 8 years has done nothing—it’s only an empty shell. It relies on marketing upgrades, fake testing of new features, and hype to fool people into promoting it and purchasing it. It has deceived a large number of application ecosystem development companies and 60 million participants, and harvested a total of more than $4 billion from them. This evil scam group will inevitably face legal sanctions. How could anyone be so naïve as to imagine this scam scheme can pass through a U.S. bill?