Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack

In Brief Posted: 9:24 AM PST · November 7, 2026 Anthony Ha Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack Binance’s chief financial officer Kaiser Ng is leaving the cryptocurrency exchange. According to Bloomberg , co-CEO Yi He said in a statement that Ng’s departure will allow him to “pursue a new venture after more than five years at Binance,” and that a transition plan has been “implemented over the last half year.” The announcement comes barely more than a week after hackers stole $6.3 billion worth of cryptocurrency from Binance users. The company froze withdrawals for several days; after accounts were unfrozen, users withdrew a net $3.6 billion in the first few hours. Binance and the FBI blamed a North Korean group called TraderTraitor for the hack. The company also said that it would cover all losses, promising, “Binance will bear the financial impact of the stolen funds. These losses will not be passed on to users.” Ng will be replaced as CFO by Justin Yek. Topics Binance , Crypto November 4 Boston Buy One Pass, Get a Second Free Cover more ground at TechCrunch’s ultimate founder bootcamp of the year by bringing your co-founder or partner for free Book before the BOGO deal expires Register Now Newsletters See More Subscribe for the industry’s biggest tech news TechCrunch Daily News Every weekday and Sunday, you can get the best of TechCrunch’s coverage. TechCrunch Mobility TechCrunch Mobility is your destination for transportation news and insight. Startups Weekly Startups are the core of TechCrunch, so get our best coverage delivered weekly. StrictlyVC Provides movers and shakers with the info they need to start their day. No newsletters selected. Subscribe By submitting your email, you agree to our Terms and Privacy Notice . Related Government & Policy After the midterms, things are looking rocky for Elon Musk and data centers Anthony Ha 7 hours ago Security Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist Zack Whittaker 4 days ago Crypto Binance resumes withdrawals following $6.3 billion breach Anthony Ha Nov 1, 2026 Latest in Crypto In Brief Binance CFO is leaving to ‘pursue a new venture’ after $6.3 billion hack Anthony Ha 12 hours ago Security Researchers warned of North Korean hacking tactics years before record $6.3B Binance heist Zack Whittaker 4 days ago TechCrunch Founder Summit 2026 The TechCrunch Founder Summit agenda is only half the reason to be in Boston on November 4 TechCrunch Events 5 days ago