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Binance CFO Kaiser Ng exits after $6.3 billion crypto heist; Justin Yek takes over

Binance CFO Kaiser Ng exits after $6.3 billion crypto heist; Justin Yek takes over

Binance’s finance chief Kaiser Ng is leaving the company to pursue another venture, the world’s biggest cryptocurrency exchange said days after hackers stole $6.3 billion from the platform in a record heist.

Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief. REUTERS/Dado Ruvic/Illustration//File Photo (REUTERS)
Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief. REUTERS/Dado Ruvic/Illustration//File Photo (REUTERS)

“Kaiser Ng has decided to pursue a new venture after more than five years at Binance, with a transition plan implemented over the last half year,” Binance Co-Chief Executive Officer Yi He said in a statement on Saturday.

Justin Yek, a longtime finance executive who was most recently vice-president of finance at Airwallex, is taking over as CFO.

The announcement comes just over a week after Binance said hackers…

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