BlockBeats News, July 30th, CZ stated in a post that he did not communicate with the Giggle Academy team regarding the recent sale of donated tokens, nor does he personally manage the related address. However, Giggle Academy usually converts or sells most of the received donated tokens to BNB at the end of each month.

Without a prearranged agreement or contract, sending or donating tokens to someone else's address should not expect the recipient to handle it according to the sender's wishes, such as token burning. If you wish to interact with the other party by sending tokens, you should also be prepared for them to sell it.

Since the tokens were referred to as donations, the recipient should be allowed to use them, and it should not be claimed afterwards that the sender originally expected them to be burned. The tokens donated to Giggle Academy will be sold, and the proceeds will be used to provide free education for children worldwide. The project has reached over 1 million children in less than two years.

CZ also mentioned that he supports all meme coins and may buy or sell one or two meme coins in the coming weeks to test some new things.