2026-01-22 00:29:56

$PI • Basic case information: Case number 5:2025cv09145, the plaintiff is Harro Moen, and the defendants are SocialChain Inc., which operates Pi Network, and its core founders. The case involves securities fraud.

• Court and judge: The case is being heard in the Northern District of California, presided over by Judge Nathanael M. Cousins, who is indeed the current magistrate judge of that court.

• Document content: The Document 29 you presented is an official ruling issued by the court on January 15, 2026, approving the defendant's "motion to dismiss," but allowing the plaintiff to amend the complaint and refile by February 5, 2026.

• Case background: This lawsuit was initiated against Pi Network, alleging unauthorized asset transfers, secret disposal of project interests, and other misconduct. The plaintiff is seeking $10 million in damages.

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