According to an analysis by lawyer Liu Zhengyao of Zhiheng (Shanghai) Law Firm, after Pi Network is launched on the exchange to open the secondary market for trading, its promotion model may constitute a pyramid scheme crime as defined by Chinese criminal law. According to the analysis, Pi Network currently has no physical project support and uses an invitation system to form a hierarchical relationship. Invitees can obtain benefits such as mining acceleration by going offline. It is worth notin...