Binance appoints Justin Yek as CFO as Kaiser Ng prepares to depart.
The Defiant reported the personnel change. Co-CEO He Yi said the transition plan had been underway for six months, meaning it was set in motion before the exchange’s $6.34 billion theft.
· He Yi placed the transition timeline before the theft, suggesting this was a personnel change that had been planned well in advance.
· The report did not disclose details of Yek’s background or the specific effective date of Ng’s departure, so it remains unclear how the handover will be carried out in stages.
Would you rather first see the new CFO’s background or the timeline for this transition?
The Defiant reported the personnel change. Co-CEO He Yi said the transition plan had been underway for six months, meaning it was set in motion before the exchange’s $6.34 billion theft.
· He Yi placed the transition timeline before the theft, suggesting this was a personnel change that had been planned well in advance.
· The report did not disclose details of Yek’s background or the specific effective date of Ng’s departure, so it remains unclear how the handover will be carried out in stages.
Would you rather first see the new CFO’s background or the timeline for this transition?
