DMM Bitcoin will use the approximately 50 billion yen raised to purchase Bitcoin to repay stolen users

DMM Bitcoin, a Japanese exchange that was previously hacked, said it would use the raised funds to buy Bitcoin to repay users whose BTC was stolen. It is reported that the hacker attack has caused more than $305 million to be stolen from the exchange. The reason is still unclear. DMM Bitcoin said it is investigating and will inform users of the situation in due course. On June 3, DMM Bitcoin obtained a loan of 5 billion yen. The company will raise another 48 billion yen through "capital increase" on June 7, and another 2 billion yen through subordinated loans on June 10. (Coindesk) Previously, DMM Bitcoin planned to raise 50 billion yen through capital increase and internal borrowing to pay for customer withdrawals and other expenses.