15 Jun 2018 Pavel Petrov
Japan Investigates Massive CPU Hijacking - Miners Face Sentences and Fines
Police officers operating in Kanagawa, Chiba, and Tochigi in central Japan have teamed up to investigate three suspects of cyber-jacking, who are believed to have set up sites in 2017 to mine Monero utilizing guests PCs without informing them and gaining their permission.
Mining is a particularly energy-consuming operation when the computer’s hardware resources of the website guest are used to make blocks of validated exchanges and incorporate them onto a blockchain.
The suspects are accused of using Coinhive - a product that is regularly misused by malware hackers to make an injection of mining contents into sites, without the sites or clients' permission.
Two of the suspects are web developers, and the third person has been fined ¥100,000 ($900) already by the Yokohama Summary Court for infecting websites and their users' hardware equipment with malicious software.
The web developers pleaded innocent, stating in their defense that Coinhive is rather a product used by its customers to gain money, but it’s not an infection, comparing it to online advertising platforms, such as AdSense by Google.
The jury and judges have decided to put up the charges of the two web developers suspects with up to 5 years in prison and up to ¥450,000 /around $45,000/ in fines for manipulating sites without mining notification and permission.
Following the news of the CPU highjacking, Monero’s price had surged down by 11%, trading as low as $126,54. Trading volumes also suffered and went down to around $28,1 million. Currently, the cryptocurrency is making a slight but steady price rise.cryptocurrency mining Monero Cryptocurrency Japan mining Monero mining cryptocurrency news crypto news