Binance CFO Kaiser Ng to Exit After $6.3B Hack, Successor Named

WHO:

Cointelegraph - Justin Yek was formerly vice-president of finance at Airwallex.

Bloomberg - Kaiser Ng is the chief financial officer of Binance Holdings Ltd., described as the world’s largest cryptocurrency exchange.

Bloomberg - Binance named Justin Yek as its incoming chief financial officer.

TechCrunch - Hackers stole cryptocurrency from Binance users.

NewsBTC - Elliptic is a blockchain intelligence firm.

WHAT:

Bloomberg - Binance said Kaiser Ng is leaving the company and named Justin Yek as CFO.

Bloomberg - Binance said Ng would leave to “pursue a new venture.”

TechCrunch - Hackers stole $6.3 billion worth of cryptocurrency from Binance users.

NewsBTC - Elliptic reported that roughly $124 million in assets stolen in the Binance breach had been converted.

WHEN:

Bloomberg - Ng’s departure involves a six-month transition plan.

TechCrunch - The announcement came barely more than a week after the $6.3 billion cryptocurrency theft.

NewsBTC - Elliptic’s update was published November 6; the breach occurred in October.

WHY:

Bloomberg - Binance said Ng was leaving to “pursue a new venture.”

HOW:

Bloomberg - Binance cited a six-month transition plan for Ng’s departure.

NewsBTC - Elliptic traced the conversion of roughly $124 million in stolen assets; the available article text does not specify the conversion method.

(UPDATED November 8, 2026 08:55 UTC)

Binance says chief financial officer Kaiser Ng is leaving to pursue a new venture. Justin Yek, formerly Airwallex’s finance vice-president, will become Binance’s incoming chief financial officer. The leadership change follows a $6.3 billion cryptocurrency theft; Elliptic traced $124 million converted.

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(UPDATED November 8, 2026 05:56 UTC)

Binance CFO Kaiser Ng is leaving to pursue a new venture, with Justin Yek taking over. His departure includes a six-month transition, following a theft of $6.3 billion from Binance users. Blockchain firm Elliptic says about $124 million in stolen assets has since been converted.