
**Bybit CEO Takes Aim at Pi Network, Unprepared for the Response**
The leader of cryptocurrency exchange Bybit has taken aim at Pi Network, a blockchain-based social network that rewards users with cryptocurrency. In a statement, the CEO criticized the platform, which has gained popularity among cryptocurrency enthusiasts.
The main concerns expressed by the Bybit CEO were related to cookies and scripts used by Pi Network. The company’s main argument is that these technologies allow third parties to track user data without consent. The Bybit CEO emphasized that this lack of transparency and accountability is a major red flag in an industry where security and trust are paramount.
The article highlights the importance of respecting users’ rights to privacy, echoing concerns expressed by other critics of Pi Network’s approach to collecting and utilizing data from its users.
Source: https://www.bitcoinbazis.hu/pi-network-bybit-kritika-scam/