By Walter Grand in Economy —

Vietnamese authorities launch investigation against Pi Network

Vietnamese authorities launch investigation against Pi Network
Photo by Tony Pham / Unsplash

A few days ago it was reported online that police were interested in the latest GCV International from Pi Network.

This was confirmed by the Vietnamese Department of Cybersecurity and Hi-Tech Crime Prevention, adding that the project's business model was "suspicious" and had indications of a pyramid scheme in the organisation's operations.