Binance's new CFO inherits a test that goes beyond the balance sheet | Fortune

Justin Yek has been named CFO of Binance, stepping into his first chief financial officer role at the world's largest crypto exchange just days after a $6.3 billion hack. The timing means Yek inherits oversight of financial controls and risk management at a company still absorbing one of the largest losses in crypto history. His mandate extends beyond the balance sheet, with scrutiny likely to focus on treasury management, reserves and how Binance accounts for the incident. Yek's appointment also comes as the exchange faces continued regulatory pressure across major markets. What to watch next: how Binance discloses the financial impact of the hack and whether Yek moves to strengthen reporting and internal controls.