Binance's Chief Financial Officer (CFO) Wei Zhou has resigned from his position, just nine days after the exchange suffered a record-breaking hack. The hack, which saw over $570 million in assets stolen, has raised concerns about the security of major crypto exchanges. Zhou's departure has sparked speculation about the impact on the company's financial management and security protocols.
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
Binance co-CEO Yi He announced Zhou's resignation, stating that the transition was planned six months ago. He emphasized that the departure was not related to the recent hack. Zhou will be succeeded by another executive, but the identity of the new CFO has not been disclosed.