PI has over 47 million members worldwide, with a total supply of 100 billion coins. However, PI faces numerous problems and risks. Regulatory agencies in multiple countries have imposed strict regulations on PI, with the European Union listing it as a "high-risk asset". The SEC in the United States has launched an investigation into its Mining model, and Chinese regulatory authorities have explicitly stated that activities related to virtual money are considered illegal financial activities. Furthermore, the operational model of PI has been suspected of being a pyramid scheme, its Mining mechanism and promotional model have sparked controversy, and the official team has repeatedly failed to fulfill its commitments, leading to concerns about project transparency and the risk of user personal information leakage.