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.