After maintaining a distance from the social networking space, Binance founder and former CEO Changpeng Zhao seems to be on track for a comeback. In a post on X, Zhao said he is going to be launching a new project called Giggle Academy. This is a free-for-all education project that aims to provide basic education for grades 1-12 through engaging, interactive games. As per Zhao, no crypto token – existing or new – is part of this project. Zhao stepped down from the position of Binance’s CEO last year, after he pleaded guilty for violating anti-money laundering and sanctions laws in the US. He is now facing potential jailtime, a decision on which will be finalised around April 30 when Zhao is slated to appear on court for this verdict. Despite these legal uncertainties, Zhao has decided to go forward with launching Giggle Academy. Zhao is hiring for a small team including teachers who can create digital content, to run this project and report directly to him. “Building a high-quality and sticky education platform that …