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Wire · people

Binance CFO Kaiser Ng steps down, Justin Yek named new finance chief

7 November 2026 · By · Wire by Fusion42

Published

7 November 2026

Topic

people

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at aol.com →

◆ Verified

Fusion42 · 7 November 2026 · Fusion42 review

Binance CFO Kaiser Ng is stepping down following a $6.3 billion hack on the platform, with Justin Yek from Airwallex appointed as the new CFO. The breach involved malware and employee-targeted attacks and is blamed by the FBI on North Korean hackers, which Binance says it will fully reimburse.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 3 sources have reported it between 7 Nov 2026 and 8 Nov 2026.

◆ ◆ The Wire takeaway

The CFO change at Binance signals internal shifts you must track if you're in crypto finance or security. The hack’s scale means increased scrutiny and pressure on platforms to tighten security and reassure customers.

◆ Coverage

3 sources · first reported 7 Nov 2026 · latest 8 Nov 2026

◆ Related on Wire

◆ Topics

Crypto & Web3binancecfo-changecryptocurrency-hacknorth-koreacybersecurity