Japanese police investigate Coinhive related cryptojacking case

    2018/06/13 15:27 Sarah lv Created with Sketch.

According to Japanese news outlet, The Mainichi, Monero-mining software, Coinhive, has been involved in a cryptojacking incident and the Japanese police are now trying to get to the bottom of it. It is believed that the suspects manufactured websites that installed the crypto mining software, Coinhive, onto the computers of unsuspecting visitors without their consent. The offenders are in clear violation of the Japanese law banning the use of computer viruses.


If the Japanese police decide to press charges, this will be known as the first criminal case where illegal usage of computers for crypto mining are involved.

As of now, the joint investigation involving the police departments of Chiba, Kanagawa and Tochigi have investigated three individuals including a web designer previously fined 100,00 yen ($904) by the Yokohama Summary Court for illegally administering a computer virus. However, the defendant argues that the software was not a virus but more so a way of traffic monetization used in online ad dispersal.

Since its inception in 2017, Coinhive has seen a widespread reach, becoming the number one “Most Wanted Malware” by software security firm Check Point. The report also claims that 55% of businesses around the world are negatively affected by cryptojacking. Coinhive is one of the most utilized instruments to mine Monero through websites with high traffic.

    Adapted from: CoinTime Executive editor: Sarah
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