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Justin Yek

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Binance CFO Kaiser Ng to depart, Justin Yek named successor

Binance confirmed that chief financial officer Kaiser Ng is leaving the exchange after more than five years, with co-CEO Yi He saying the move allows him to pursue a new venture and that a transition plan had been in place for six months. Justin Yek will succeed Ng as CFO. The announcement follows a $6.3 billion hack of Binance users' crypto, which the company and FBI attributed to the North Korean group TraderTraitor.