Japanese Police Investigate Cryptojacking Case Involving Coinhive Monero Mining Software
Japan’s police are reportedly investigating a case of illegal cryptojacking with Coinhive software, defendants argue it was a method of traffic monetization.
Investigators suspect that the alleged culprits are in violation of the law banning the use of computer viruses. According to the sources, the suspects involved in the case set up websites that installed the Coinhive crypto mining software on visitors’ computers without their consent or “clear notices about mining.”
So far, Japanese police have investigated three individuals, including a web designer, one of whom was ordered by the Yokohama Summary Court to pay 100,000 yen ($904) for illegal placement of a computer virus. The individuals involved in the case reportedly set up websites in autumn of 2017. According to Mainichi, one of the defendants claims that the software was not a virus but a method of traffic monetization similar to online ad distribution. The case will be brought to trial at the Yokohama District Court.
The case is being pursued by several different police departments including those in Kanagawa, Chiba, and Tochigi in central Japan. Officials judged that the case may be pursued criminally because the installation and operation of Coinhive was done without the owner’s’ consent, making the machines function in a manner not intended by the original owners. This will reportedly be the first criminal case involving cryptocurrency mining in Japan.
Coinhive, which was created in 2017, has become one of the most widespread online tools to mine Monero on websites using visitors’ CPU power and electricity, and has been used to target computers via YouTube, as well as on government and university websites.
According to a January report from software security firm Check Point, 55 percent of business worldwide are affected by cryptojacking. The report called Coinhive the number one “Most Wanted Malware.”
You may be interested
Capital One Seeks Blockchain Patent for ‘Collaborative’ Authentication Toolbtcethereumadmin - August 17, 2018
U.S. banking giant Capital One is working on using blockchain technology to usher in more convenient and secure user authentication…
3 Charts Suggest Bitcoin Prices Could Be Headed Higherbtcethereumadmin - August 17, 2018
For bitcoin (BTC), the path of least resistance is to the upside, according to technical charts. At press time, the…
JD.com Rolls Out Blockchain Platform With Its First Appbtcethereumadmin - August 17, 2018
Chinese e-commerce giant JD.com has launched a blockchain-as-a-service platform alongside its first app – one that digitally tracks corporate invoices…