According to Bloomberg, the Japanese cryptocurrency exchange DMM Bitcoin will raise 50 billion yen ($321 million) from affiliated companies to purchase bitcoins to pay compensation to clients affected by the hack.

Japan’s Ministry of Finance and regulators demanded that the exchange’s management conduct an internal investigation and oblige it to provide a compensation plan to users who were victims of the hack.

Let us remind you that hackers hacked the exchange on May 31 and withdrew 4,502 BTC from client wallets. This is the second largest hack of stolen funds among crypto exchanges in Japan. In 2018, NEM worth 58 billion Japanese yen ($370 million) was stolen from the Coincheck platform as a result of a hacker attack.

The DMM Bitcoin exchange is owned by the Japanese group of companies DMMcom, which has been operating since the 1990s. The head of the company, Keishi Kameyama, is known as an adult entertainment tycoon.

Previously, a Chinese client of the largest crypto exchange Binance suffered financial losses due to account hacking. The scam involves a Google plugin called Aggr, which is promoted by some influencers.