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

Hindustan Times WorldBy Hindustan Times World
7 Nov 2026
Original: English
AI Synopsis & Key Briefing

Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief.

Key Highlights & Official Takeaways
  • ✓Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief.
  • ✓Ng has been CFO at Binance since January 2022 and has previously worked at rival crypto exchange Kraken, according to his LinkedIn profile.
  • ✓Civic Domain: Categorized under technology public notices.
Comprehensive News & Policy Report

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. 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 stole cryptocurrency in a sophisticated attack that began months earlier with the compromise of several employees' computers. Binance has said the breach, which unfolded on October 29, started with malware hidden in software downloads and fake job recruitment efforts targeting engineers.

It said it will fully reimburse affected customers. The FBI has blamed a North Korean hacking group for the theft, an allegation Pyongyang has denied. Ng has been CFO at Binance since January 2022 and has previously worked at rival crypto exchange Kraken, according to his LinkedIn profile.

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Official Notice Specification
Issuing AuthorityHindustan Times World
Topic CategoryTECHNOLOGY
JurisdictionAll India / National
Publication Date7 November 2026
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Official Source Attribution: Hindustan Times World
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