Binance CFO Kaiser Ng Leaves 9 Days After the $6.3B Hack

Binance CFO Kaiser Ng is leaving the world's largest crypto exchange, Binance said on Nov 7, 2026.

November 7, 2026 · 3 views · YouTube video: Binance CFO Leaves 9 Days After $6.3B Hack

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Quick overview

Binance CFO Kaiser Ng is leaving 9 days after hackers stole a record $6.3B on Oct 29.
Binance says the handover was planned for half a year. Its statement doesn't mention the hack.
FBI blames a North Korean group and Pyongyang denies it. Binance says customers will be repaid in full.

$6.3B Stolen from Binance on Oct 29, a record exchange hack
9 days Between the hack and the CFO exit announcement
5+ years Kaiser Ng's time at Binance

What happened

On Nov 7, 2026, Binance announced that CFO Kaiser Ng is leaving. Co-CEO Yi He said Ng "has decided to pursue a new venture after more than five years at Binance, with a transition plan implemented over the last half year." His successor is Justin Yek, most recently vice president of finance at Airwallex.

The announcement came nine days after hackers stole a record $6.3 billion from the exchange on Oct 29. The FBI has blamed a North Korean hacking group for the theft. Pyongyang denies it.

Why it matters

A finance chief leaving right after the largest crypto exchange hack on record draws attention, but Binance frames it as a long-planned handover and does not link the two. No public evidence ties the departure to the theft.

For users, the key point is Binance's statement that affected customers will be fully reimbursed. How the exchange covers a $6.3 billion loss is the number to watch next.

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FAQ

Did the Binance CFO leave because of the $6.3B hack?

Binance has not said so. Its statement says Kaiser Ng is pursuing a new venture after more than five years, with a transition planned over the last half year. The statement does not mention the hack, and no public evidence links the two.