Kaiser Ng, the chief financial officer (CFO) at cryptoexchange, Binance, is leaving the company. Ng’s departure comes a week after the company fell victim to hackers who made off with more than US$6 billion (~RM24.3 billion), raising questions amongst the community in the process.
“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,” Yi He, Binance co-chief executive officer, said in a statement. “We wish him the best in his next chapter.” Justin Yek will become the firm’s new CFO, she said.
According to Binance, the breach started with malware hidden in software downloads and fake job recruitment efforts that targeted engineers. As part of its recovery efforts, Binance said it has worked with blockchain partners to freeze approxi
