Nov 2024 - Giggle Academy Fake Token X Account Hack - $Unknown (Global)
"Giggle Academy offers engaging games and personalized learning, making education an exciting adventure accessible to everyone."
"Play & Learn with Giggle Academy Everyone in the world should have access to education. Our mission is to make learning fun, addictive, and free for all."
"Engaging, interactive games geared toward different subjects make learning fun and efficient."
"All of Giggle Academy’s games are free to play and learn. Basic education should be free and available to all."
"Learn, play, and have fun from anywhere in the world. Giggle's games are open to anyone with an internet connection and mobile device."
"Yew we will! Our token will be our mascot Max! Out token will be hosted on BSC and SOL"
"Binance co-founder CZ confirmed on X that the official X account of his educational project, Giggle Academy, has been hacked."
"@cz_binance check Giggle Academy boss..i just seen a tweet about issuing a token"
"The X account of CZ's new business, Giggle Academy, has been hacked. Don't be fooled."
Further Analysis
Giggle Academy is an online learning project founded by Binance founder CZ, aimed at young children to help them gain basic literacy skills. The project does not have a token, and is not looking for funding, and makes this clear in their documentation. Some third parties have launched unaffiliated fan tokens. On November 15th, an unknown entity gained access to the Giggle Academy Twitter/X account and used this to promote a new token named $MAX, after the Giggle Academy mascot. Despite widespread warnings from others, a number of individuals purchased this token prior to CZ realizing that the account had been hacked.
How Could This Have Been Prevented?
More Cryptocurrency Exchange Hacks/Scams/Frauds
Polter Finance Unaudited Contract Price Manipulation > > < < DEXX Web Wallet Private Key Leakage
Sources/Further Reading
@cz_binance Twitter (Dec 31)
Giggle Academy (Dec 31)
@spidey_cyp155 Twitter (Dec 31)
@creptosolutions Twitter (Dec 31)
https://www.giggleacademy.com/Giggle%20Academy%20v0.4%2020240221.pdf (Dec 31)
@YutiBot Twitter (Dec 31)
@JacoryCrypto Twitter (Dec 31)
@cz_binance Twitter (Dec 31)
@biil__liio__n Twitter (Dec 31)
@shingen_crypto Twitter (Dec 31)
@3orovik Twitter (Dec 31)
@Melooooooooons Twitter (Dec 31)
@AshSires Twitter (Dec 31)
@uglycrypt Twitter (Dec 31)
@ACrypto293 Twitter (Dec 31)
@ACrypto293 Twitter (Dec 31)
@dyoxfn Twitter (Dec 31)
@GiggleCTO Twitter (Dec 31)
@yzqboy1983 Twitter (Dec 31)
@GIGGLE_BSC1 Twitter (Dec 31)
@GIGGLE_BSC1 Twitter (Dec 31)
@chenguangzhi27 Twitter (Dec 31)
@giggleAcademy0 Twitter (Dec 31)
@giggleAcademy0 Twitter (Dec 31)
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