UPDATED SUN 08 NOV · 09:16 UTCLIVE
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Binance fallout after hack: CFO exit and withdrawal worries

Retweeted posts say Binance's CFO left 9 days after a hack and withdrawals were paused, with one claiming a $6.4B liability. Some accounts urge withdrawing funds; these are unconfirmed claims.

What we know

A retweet says CFO Kaisa Ng left 9 days after the hack, which Binance reportedly attributes to a plan made 6 months ago, and that withdrawals were paused. Another Korean-language retweet speculates about a $6.4B payout and resulting market manipulation. A separate post reflects on grinding through poor market conditions.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.