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Binance CFO to leave after $6.3bn hack

· Updated

Binance said chief financial officer Kaiser Ng will leave to pursue a new venture, with a six-month transition planned and Justin Yek named as his successor. The announcement comes just over a week after hackers stole $6.3 billion in cryptocurrency from users of the world's largest crypto exchange, according to the RSS reports.

Why it matters

The leadership change adds uncertainty as Binance responds to an unusually large theft affecting its customers.

Sources

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