According to BlockBeats, on February 21st, Bybit CEO Ben Zhou posted on social media that "the Chinese police issued an official warning about PI in 2023, warning the public that this is a scam targeting the elderly. There are also multiple other reports questioning the legality of the project. Bybit did not make a listing request to PI, and the claim that PI refused to list Bybit or that Bybit did not pass some kind of PI's KYB review is completely groundless. If this project is legal and legitimate, then the project team should come forward to respond to these reports and let everyone know the truth, rather than fabricating lies and conducting unfounded attacks. Yes, I still believe that PI is a scam and Bybit will not go public as a scam