- Giggle Academy X Account Hacked: On November 16, 2024, the official X account of Giggle Academy, an educational initiative founded by Binance’s Changpeng ‘CZ’ Zhao, was hacked. The hackers posted misleading information, including a false announcement of a new CEO and phishing links, which raised significant security concerns among users.
- CZ Issues Warning: CZ took to his personal X account to alert followers about the hack, advising them not to click on any suspicious links or engage with posts from the compromised account. He emphasized that any messages suggesting investment opportunities or coin issuances were likely fraudulent due to the hack .
- Ongoing Recovery Efforts: As of now, the Giggle Academy team is actively working to restore the account’s security. Despite the breach, CZ remains committed to the mission of Giggle Academy, which aims to provide accessible education through gamified learning experiences for children in low-literacy regions.\
- Community Response: The crypto community has expressed support for CZ during this incident, highlighting the importance of vigilance against potential scams that often target high-profile figures in the industry
