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00:02Binance has appointed a new chief financial officer just nine days after hackers stole
00:08approximately $6.3 billion in cryptocurrency from the exchange, according to Fox Business.
00:15Kaiser Ng is leaving after more than five years to pursue a new venture.
00:19Binance said the leadership transition was planned more than six months ago
00:23and was unrelated to the cyber attack. The company is working to recover stolen assets
00:28and strengthen cybersecurity following an attack attributed by the FBI to North Korean hackers.
00:34Binance said it has replenished 98% of affected token assets
00:38and frozen or intercepted approximately $2.85 billion in stolen funds.
00:44The exchange pledged to absorb customer losses and strengthen its cybersecurity defenses.
00:50Ng's successor, Yek, previously served as vice president of finance at Airwallex.
00:55For all things money, visit Benzinga.com.
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