TechBloomberg55m ago

Binance says CFO Kaiser Ng is leaving

Binance says CFO Kaiser Ng is leaving to "pursue a new venture" days after a $6.3B hack, citing a six-month transition plan, and names Justin Yek as CFO

TL;DRBinance's CFO is leaving weeks after a $6.3 billion hack; replacement named.

Why it matters: Leadership departures post-breach raise questions about accountability and crypto exchange stability.

Binance says CFO Kaiser Ng is leaving to “pursue a new venture” days after a $6.3B hack, citing a six-month transition plan, and names Justin Yek as CFO — Kaiser Ng, the chief financial officer at Binance Holdings Ltd., the world's largest crypto exchange …

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Source: Bloomberg · Opens in new tab