PANews reported on June 5 that DMM Bitcoin, a crypto exchange under the Japanese DMM.com Group, announced that it had released information on securing financial foundations and purchasing Bitcoin in response to the theft on May 31. The plan to secure financial foundations will be implemented according to the following schedule: 1. On June 3, debt financing of 5 billion yen (already implemented); 2. On June 7, capital increase financing of 48 billion yen; 3. On June 10, subordinated debt financing of 2 billion yen. The three types of financing raised a total of 55 billion yen (about 354 million US dollars). Regarding Bitcoin purchases, Bitcoins equivalent to the stolen amount will continue to be purchased, while being careful not to affect the market.
DMM Bitcoin said it is continuing its investigation to determine the cause of the unauthorized leak and will publish a report once the details are known.
Earlier on May 31, it was reported that about $300 million worth of bitcoins were stolen from DMMBitcoin's wallet, and the platform has taken restrictive measures on some services.
