Changpeng Zhao Unveils Giggle Academy Amid Legal Turmoil
The former Binance CEO launches a free, gamified education platform for children worldwide, despite facing sentencing for money laundering charges.
- Changpeng 'CZ' Zhao, former CEO of Binance, announces Giggle Academy, a nonprofit online education platform offering free basic education for grades 1-12.
- Giggle Academy aims to make education accessible and engaging through gamification, adaptive learning, and blockchain-based certification.
- Zhao faces sentencing for federal money laundering charges, with penalties including a $4.3 billion fine for Binance and a personal $50 million fine.
- Despite legal challenges, Zhao expresses optimism about Giggle Academy's potential to impact global education.
- The platform seeks to address the educational needs of underprivileged children worldwide, with no revenue model and a focus on subjects including emotional intelligence and finance.