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

Binance’s main fiscal serviceman Kaiser Ng is leaving the cryptocurrency exchange.

According to Bloomberg, co-CEO Yi He said successful a connection that Ng’s departure volition let him to “pursue a caller task aft much than 5 years astatine Binance,” and that a modulation program has been “implemented implicit the past fractional year.”

The announcement comes hardly much than a week aft hackers stole $6.3 cardinal worthy of cryptocurrency from Binance users. The institution froze withdrawals for respective days; aft accounts were unfrozen, users withdrew a nett $3.6 cardinal successful the archetypal fewer hours.

Binance and the FBI blamed a North Korean radical called TraderTraitor for the hack. The institution besides said that it would screen each losses, promising, “Binance volition carnivore the fiscal interaction of the stolen funds. These losses volition not beryllium passed connected to users.” 

Ng volition beryllium replaced arsenic CFO by Justin Yek.