Original publication: November 8, 2026, at 16:12:56 UTC+08:00.
Binance finance chief Kaiser Ng is leaving to pursue a new venture, according to a Reuters report cited by Cointelegraph. Justin Yek, formerly vice-president of finance at Airwallex, will replace him, the report said.
In a statement obtained by Reuters on Saturday, Binance co-CEO Yi He said Ng had decided to pursue a new venture “after more than five years at Binance,” with a transition plan implemented over the preceding half-year.
According to Ng’s LinkedIn profile, he had served as Binance’s chief financial officer since January 2022. Before that, he held the same role at crypto exchange Kraken for about five years.
Departure follows reported $6.3 billion hack
The leadership change was reported a little more than a week after what Cointelegraph described as the largest cryptocurrency theft on record: an October 29 attack in which hackers stole about $6.3 billion from Binance.
Binance said it would absorb the losses rather than pass them on to customers. The FBI and several researchers attributed the attack to North Korean hackers; North Korea denied the allegation.
The supplied report does not establish a connection between the hack and Ng’s departure. Yi He’s statement describes a transition planned over the previous six months.