Binance CFO Kaiser Ng to leave after $6.3 billion hack

Briefing by News4U · First published

TechCrunch reports that Binance CFO Kaiser Ng is leaving the exchange to pursue a new venture after more than five years, with Justin Yek named as his replacement; the announcement follows a $6.3 billion hack attributed to North Korea’s TraderTraitor group, after which Binance froze withdrawals and pledged to cover all user losses. [1]

Sources

  1. Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack

    TechCrunch · · Full text

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