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Binance announced CFO Kaiser Ng’s exit, confirming a six‑month transition plan and appointing Airwallex veteran Justin Yek as his successor, days after a $6.3 billion theft.
The $6.3 billion Binance breach, attributed to a North‑Korea linked group, eclipsed a series of high‑profile hacks in Cybersecurity Awareness Month, raising concerns over AI‑driven attacks.
Binance has not executed its monthly Luna Classic (LUNC) fee burn for November, a delay linked to the platform’s $6.3 billion hack.
Following the largest crypto theft on record, Binance co‑founder Changpeng Zhao publicly urged Elon Musk to cease mocking the exchange, highlighting Binance’s $1 billion‑plus SpaceX share holding.