Business2 sources
Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack
TechCrunch · By Anthony Ha ·
The Brief · written from 2 sources
- Binance says CFO Kaiser Ng is leaving to "pursue a new venture".
- The announcement comes barely more than a week after hackers stole $6.3 billion in cryptocurrency from Binance users.
- Binance names Justin Yek as CFO, with a six-month transition plan.
Why it matters
A senior finance leadership change at a major crypto exchange, announced shortly after a large theft from its users, with a six-month handover planned.
Who’s affected
- Binance users
- Crypto traders and investors
- #binance
- #crypto
- #leadership
- #cfo
- #hack
The announcement comes barely more than a week after hackers stole $6.3 billion worth of cryptocurrency from Binance users.
Timeline
Binance announces Kaiser Ng is leaving as CFO and names Justin Yek as CFO, with a six-month transition plan
TechCrunch
Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack
Techmeme
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 (Bloomberg)