According to PANews, on June 3rd, Taro Aso, the Japanese Finance Minister, addressed the issue of the illicit outflow of cryptocurrency from DMM Bitcoin, stating that measures will be taken to prevent such incidents from happening again. The head of the Japanese Financial Services Agency (FSA) revealed that the agency has issued a report solicitation order to DMM Bitcoin under the 'Funds Settlement Act', asking it to report on the investigation into the cause and its compensation policy for customers.
Previously on May 31st, it was reported that about $300 million worth of Bitcoin was stolen from DMM Bitcoin's wallet, and the platform has taken restrictive measures on some of its services. The incident has raised concerns about the security of cryptocurrency platforms and the need for stricter regulations to prevent such incidents from recurring. The Japanese Finance Minister's statement indicates the government's commitment to ensuring the security of digital assets and protecting the interests of cryptocurrency users.