Japan May Prosecute Cryptojackers as Criminals, Marking Legal First

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Japan May Prosecute Cryptojackers as Criminals, Marking Legal First

Postby kreslik.news » Tue Jun 12, 2018 2:39 pm


Three individuals are being investigated by Japanese police over their alleged involvement in a cryptojacking scheme, according to the Mainichi.

The suspects allegedly mined a cryptocurrency called Monero from people’s computers without their consent. If police press charges, this will be the first such criminal case in Japan.

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Background

Monero is a cryptocurrency that ensures user anonymity by obfuscating the addresses of all parties to a transaction. It is one of the bigger coins, with a market cap of $1.9 billion according to coinmarketcap.com. Along with other anonymous coins like Zcash and DASH, in the view ... (read more)

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