Binance Founder CZ to Launch Non-Profit Education Project Amid Legal Woes

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Following his departure from the crypto exchange Binance last November, the company’s founder and former CEO Changpeng Zhao, also known as “CZ,” is looking to establish a non-revenue, free education project.

The project will teach students core subjects, including language, Mathematics, and Biology, as well as topics on finance, sales, blockchain, entrepreneurship, and artificial intelligence, among others, which are not being taught in schools. The courses are free and will be taken online. Giggle Academy will be funded by Zhao, with the concept paper stating that donations can come in only when the venture is “up and running and proven to be effective.”While CZ is working on launching a new project, the Binance founder is awaiting sentencing scheduled for April 30, 2024, two months later than the earlier date in February.to violating anti-money laundering rules, which he failed to maintain at Binance, as part of a settlement deal with the US Department of Justice.

 

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