OKX is facing backlash regarding the potential listing of Pi Network, which is causing regulatory concerns. Analysts indicate that Pi’s price volatility might prompt panic selling, resulting in reputational risks for OKX.

The community’s reaction on social media shows significant apprehension surrounding the listing. Senior investors, particularly elderly users, may not fully grasp the market dynamics, heightening potential financial fallout.

Other exchanges like Bybit and Bitget have chosen not to list Pi, citing questions about its legitimacy. The structural integration of OKX with Web3 wallets complicates the listing decision, directly impacting its credibility.