00:00a 6.3 billion crypto theft. Now the exchange is changing its CFO. The world's largest
00:05cryptocurrency exchange has announced a major finance leadership transition.
00:10Its outgoing finance chief is leaving to pursue a new venture after more than five years with
00:15the company. A new executive, previously vice president of finance at payments firm Airwalex,
00:21will take over. The announcement comes shortly after hackers stole approximately
00:256.3 billion dollars in cryptocurrency on October 29th. Investigators say the sophisticated attack
00:32involved compromised employee computers, malicious software downloads, and fake recruitment efforts
00:38targeting engineers. The company says it will fully reimburse affected customers. The FBI has
00:44attributed the theft to a North Korean hacking group, an allegation Pyongyang denies. Importantly,
00:50the company says the executive transition had been planned over the previous six months.
00:54The leadership change in the security breach are significant developments. But there is no
00:59confirmed evidence linking the two. Disclosure, this video contains stock footage and content created
01:05or enhanced using AI-assisted tools.
