Azoundria: Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/giggleacademyfaketokenxaccounthack.php}} {{Unattributed Sources}} Giggle Academy Logo/HomepageGiggle 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 thir..."

2025-01-04T00:47:04Z

Created page with "{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/giggleacademyfaketokenxaccounthack.php}} {{Unattributed Sources}} thumb|Giggle Academy Logo/HomepageGiggle 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 thir..."

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{{Imported Case Study With About|source=https://www.quadrigainitiative.com/casestudy/giggleacademyfaketokenxaccounthack.php}}
{{Unattributed Sources}}

[[File:Giggleacademy.jpg|thumb|Giggle Academy Logo/Homepage]]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.<ref name="czbinancetwitter-17075" /><ref name="giggleacademy-17076" /><ref name="spideycyp155twitter-17077" /><ref name="creptosolutionstwitter-17078" /><ref name="giggleacademy-17079" /><ref name="yutibottwitter-17080" /><ref name="jacorycryptotwitter-17081" /><ref name="czbinancetwitter-17082" /><ref name="biilliiontwitter-17083" /><ref name="shingencryptotwitter-17084" /><ref name="3oroviktwitter-17085" /><ref name="melooooooooonstwitter-17086" /><ref name="ashsirestwitter-17087" /><ref name="uglycrypttwitter-17088" /><ref name="acrypto293twitter-17089" /><ref name="acrypto293twitter-17090" /><ref name="dyoxfntwitter-17091" /><ref name="gigglectotwitter-17092" /><ref name="yzqboy1983twitter-17093" /><ref name="gigglebsc1twitter-17094" /><ref name="gigglebsc1twitter-17095" /><ref name="chenguangzhi27twitter-17096" /><ref name="giggleacademy0twitter-17097" /><ref name="giggleacademy0twitter-17098" />

== About Giggle Academy ==
"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"

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
"Binance co-founder CZ confirmed on X that the official X account of his educational project, Giggle Academy, has been hacked."
{| class="wikitable"
|+Key Event Timeline - Giggle Academy Fake Token X Account Hack
!Date
!Event
!Description
|-
|November 15th, 2024 1:22:00 PM MST
|Screen Recording Published
|CZ from Binance posts a screen recording of the Giggle Academy application introduction sequence.
|-
|November 15th, 2024 1:32:00 PM MST
|New Pump Fun Token Added
|An announcement is made about a new pump.fun token which is launched on the Pump Fun website.
|-
|November 15th, 2024 2:49:00 PM MST
|Tweet About Token Issuance
|A tweet is posted warning about the account being compromised and talking about issuing a token.
|-
|November 15th, 2024 4:06:00 PM MST
|Reports Of Compromised Account
|Reports of the account being compromised and posting the smart contract address of the new token.
|-
|November 15th, 2024 8:37:00 PM MST
|CZ Confirms Hack
|CZ confirms that he has just woken up and found the X account hacked. "Working on restoring it. Always use common sense when reading content from anywhere."
|-
|November 15th, 2024 11:38:00 PM MST
|Screenshot Of Hack
|A screenshot is posted, which includes the token being launched.
|}

== Technical Details ==
This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
"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."

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
There do not appear to have been any funds recovered in this case.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?
== Individual Prevention Policies ==
{{Prevention:Individuals:Placeholder}}

{{Prevention:Individuals:End}}

== Platform Prevention Policies ==
{{Prevention:Platforms:Placeholder}}

{{Prevention:Platforms:End}}

== Regulatory Prevention Policies ==
{{Prevention:Regulators:Placeholder}}

{{Prevention:Regulators:End}}

== References ==
<references><ref name="czbinancetwitter-17075">[https://twitter.com/cz_binance/status/1857629129295704410 @cz_binance Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="giggleacademy-17076">[https://www.giggleacademy.com/ Giggle Academy] (Accessed Jan 3, 2025)</ref>

<ref name="spideycyp155twitter-17077">[https://twitter.com/spidey_cyp155/status/1869597972511822061 @spidey_cyp155 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="creptosolutionstwitter-17078">[https://twitter.com/creptosolutions/status/1857674524289802623 @creptosolutions Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="giggleacademy-17079">[https://www.giggleacademy.com/Giggle%20Academy%20v0.4%2020240221.pdf https://www.giggleacademy.com/Giggle%20Academy%20v0.4%2020240221.pdf] (Accessed Jan 3, 2025)</ref>

<ref name="yutibottwitter-17080">[https://twitter.com/YutiBot/status/1857521983031767303 @YutiBot Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="jacorycryptotwitter-17081">[https://twitter.com/JacoryCrypto/status/1857541373609582969 @JacoryCrypto Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="czbinancetwitter-17082">[https://twitter.com/cz_binance/status/1857519633760399830 @cz_binance Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="biilliiontwitter-17083">[https://twitter.com/biil__liio__n/status/1857561309920862455 @biil__liio__n Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="shingencryptotwitter-17084">[https://twitter.com/shingen_crypto/status/1857560824732332393 @shingen_crypto Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="3oroviktwitter-17085">[https://twitter.com/3orovik/status/1857561233660006536 @3orovik Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="melooooooooonstwitter-17086">[https://twitter.com/Melooooooooons/status/1857562013183987831 @Melooooooooons Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="ashsirestwitter-17087">[https://twitter.com/AshSires/status/1857565323735790036 @AshSires Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="uglycrypttwitter-17088">[https://twitter.com/uglycrypt/status/1857571696200327250 @uglycrypt Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="acrypto293twitter-17089">[https://twitter.com/ACrypto293/status/1857565263211971016 @ACrypto293 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="acrypto293twitter-17090">[https://twitter.com/ACrypto293/status/1857563991561875542 @ACrypto293 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="dyoxfntwitter-17091">[https://twitter.com/dyoxfn/status/1857520729249690023 @dyoxfn Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="gigglectotwitter-17092">[https://twitter.com/GiggleCTO/status/1857347309933122041 @GiggleCTO Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="yzqboy1983twitter-17093">[https://twitter.com/yzqboy1983/status/1857273128818475118 @yzqboy1983 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="gigglebsc1twitter-17094">[https://twitter.com/GIGGLE_BSC1/status/1856698629865832928 @GIGGLE_BSC1 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="gigglebsc1twitter-17095">[https://twitter.com/GIGGLE_BSC1/status/1857344325606392109 @GIGGLE_BSC1 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="chenguangzhi27twitter-17096">[https://twitter.com/chenguangzhi27/status/1856666778447024130 @chenguangzhi27 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="giggleacademy0twitter-17097">[https://twitter.com/giggleAcademy0/status/1857532294481002840 @giggleAcademy0 Twitter] (Accessed Jan 3, 2025)</ref>

<ref name="giggleacademy0twitter-17098">[https://twitter.com/giggleAcademy0/status/1857532765094477848 @giggleAcademy0 Twitter] (Accessed Jan 3, 2025)</ref></references>

Giggle Academy Fake Token X Account Hack - Revision history