NYPOST · 2026-11-08 18:14 UTC

Binance CFO Kaiser Ng steps down after hackers stole $6.3B; Justin Yek named new finance chief

Binance CFO Kaiser Ng is leaving the company to pursue a new venture, after more than five years at Binance, with a transition plan implemented over the last half year. Justin Yek, most recently vice-president of finance at Airwallex, is taking over as CFO. The announcement follows a breach on Oct. 29 in which hackers stole $6.3 billion in cryptocurrency; Binance says it will fully reimburse affected customers, and the FBI has blamed a North Korean hacking group, which Pyongyang denies.

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