On November 16, the Giggle Academy X account was hacked and fake information was spread. The hacker announced a “new CEO” and encouraged followers to click phishing links to supposedly confirm the news. Binance founder Changpeng ‘CZ’ Zhao, who started Giggle Academy, alerted his followers about the hack and urged them to be cautious of any messages from the hacked account.
Giggle Academy aims to provide free schooling for grades 1-12 and has a unique, revenue-free model. The platform remains compromised, with CZ and the team working on its recovery.