First criminal proceeding against stealth mining launched in Japan

Posted 13 June, 2018

Three police departments in Japan are working on the case of distribution of stealth browser miner CoinHive for Monero mining.

“According to investigative sources, people involved in the case set up websites in the fall of 2017 to install a program on viewers’ computers and use the machines for mining the monero cryptocurrency,” the news report reads.

The law enforcement forces have already launched criminal proceeding against three individuals, including a web-designer. One of the suspects faced JPY 100,000 ($904) fine for illegal malware placing. At the same time, the latter argued that this is not a computer virus, taking into account the way of its spreading being similar to the online ads one. The

Japanese police said that the launch of a criminal case is explained by the fact that the mining software was installed without any permission of the PC owners.

Notably, this will be an event case of illegal use of computers for mining to be regulated by the criminal law.

"Japanese cyber security and defence company founded in Los Angeles, Trend Micro, detected 181,376 terminals running mining software from January through March this year in Japan, and that this is a substantial increase from 767 in the same period a year ago," stated the media.

Previous story

13 June, 2018 15:01

← Financial Action Task Force to work on uniform guideline for global crypto platforms

The intergovernmental organization – Financial Action Task Force – plans to develop the set of rules for the crypto trading platforms worldwide.
According to the news reports, the organization will hold a meeting in late June to discuss the effectiveness of the rules, application to new exchanges and their implementations in the countries which banned digital coins.

Financial Action Task Force to work on uniform guideline for global crypto platforms

Next story

13 June, 2018 12:06

Ireland aims to be leading blockchain hub in the world →

Ireland's Industrial Development Authority for the attraction of foreign investment reportedly intends to launch an online platform for digital economy development. As local media reported, the project called Blockchain Ireland is aimed at the promotion of the country as the best choice for the international blockchain companies.

Ireland aims to be leading blockchain hub in the world
Write a comment
 
Prove you’re not a bot + 18 = 24