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Binance CFO Departs Following Historic $6 Billion Heist

By PYMNTS

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AI summary of the source article

Binance Chief Financial Officer Kaiser Ng is stepping down after more than five years to pursue a new venture. A transition plan has been implemented over the last six months, according to co-CEO Yi He.

Key facts

  • Binance CFO Kaiser Ng is stepping down to pursue a new venture after more than five years at the company.
  • A transition plan has been implemented over the last six months, according to co-CEO Yi He.
  • The departure follows a record heist at the cryptocurrency exchange.

Source excerpt · PYMNTS

Binance’s chief financial officer is stepping down following a record heist at the world’s biggest cryptocurrency exchange. “Kaiser Ng has decided to pursue a new venture after more than five years at Binance, with a transition plan implemented over the last six months,” Binance co-CEO Yi He said in a statement, per a Saturday (Nov. […] The post Binance CFO Departs Following Historic $6 Billion He…