DMM Bitcoin, a Japanese cryptocurrency exchange, recently suffered a hack resulting in the loss of $320 million worth of Bitcoin. To address this breach, the company plans to raise 50 billion yen ($320 million) to compensate affected users. In a statement issued on June 5, DMM Bitcoin detailed its plan to recover the stolen funds by acquiring an equivalent amount of Bitcoin from its parent company, DMM.com. The exchange reassured users that it would “take care” to minimize the market impact of these purchases. The company is conducting an ongoing investigation into the “unauthorized outflow” of 4,503 BTC that occurred
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