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Banking Dive· Grace Noto·· yesterdayAI score66

Binance CFO Kaiser Ng steps down, Justin Yek takes over

Binance CFO departs one week after $6B hack

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Binance CFO Kaiser Ng is leaving after five years to start a business, with Justin Yek taking over the role. The personnel change comes about a week after Binance reported the theft of approximately 6.3 billion USD in digital assets; Binance said that as of Oct. 31, 98% of the affected tokens had been replenished, and that it is commissioning a comprehensive security review by a third party.

Source:Banking Dive · bankingdive.com