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Economy

Binance replaces CFO following $6.3 billion hack

The leadership change in the finance department comes days after the largest cryptocurrency theft in history and the recovery of 95% of assets by the exchange.

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The essentials of this story

What happened
Binance replaced its CFO amid the fallout from a $6.3 billion cryptocurrency theft.
Who is affected
Platform investors, customers affected by the attack, and users of the cryptocurrency exchange globally and in Brazil.
What changes
Justin Yek takes over as CFO while the company implements security measures, resumes withdrawals, and seeks to reimburse customers.

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Sources

  1. Binance troca CFO após hack de US$ 6,3 bi; empresa diz que saída era planejada — InfoMoney (accessed 11/07/2026)
  2. Binance troca diretor financeiro após roubo recorde de US$ 6,3 bilhões — Folha de S.Paulo — em cima da hora (accessed 11/07/2026)
  3. Binance troca diretor financeiro após roubo recorde de US$ 6,3 bilhões — UOL — notícias (accessed 11/07/2026)