Zhao Changpeng Responds to Giggle Academy Token Donation Controversy, Testing New Features for Meme Coins in Coming Weeks
Binance founder Zhao Changpeng responded on the X platform to questions regarding Giggle Academy's sale of donation tokens. He stated that he has not communicated with the Giggle team about the sale recently, but confirmed that Giggle Academy will exchange or sell most of the donation tokens for BNB at the end of each month, and he does not manage the related addresses. Zhao emphasized that if there is no prior agreement to donate tokens to a specific address, donors should not expect the recipient to act according to their wishes. He highlighted that Giggle Academy will sell the donation tokens, and the funds raised will be used to support free education for children worldwide, benefiting over one million children. Additionally, Zhao expressed support for all meme coins and mentioned that he might buy or sell one or two tokens in the coming weeks to test new features.
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