Advertisement
AD

Main navigation

32-year-old Cryptojacker Gets Convicted by Japanese Court

Advertisement
Fri, 7/02/2020 - 20:20
32-year-old Cryptojacker Gets Convicted by Japanese Court
Cover image via www.123rf.com
Read U.TODAY on
Google News
Contents
Advertisement

A 32-year-old Japanese man got convicted of cryptojacking by the Tokyo High Court on Feb. 7, The Mainichi reports. He designed a website with embedded Coinhive code for stealthily mining Monero (XMR) on his visitors' computers.    

Related

The web designer is not satisfied by the ruling  

Back in March 2019, he was acquited by a district court since his software didn't cause any substantial harm to the victims' hardware. However, the high court refused to uphold the acquittal since his website's users weren't aware of Coinhive scrips hogging their computing resources.     

The cryptojacker has to pay a fine of ¥100,000 ($911) for this "malicious crime." He plans to appeal the court verdict that he considers to be unfair. 

Related

Cryptojacking becomes a lucrative business 

Cryptojacking remains incredibly popular with cybercriminals. As reported by U.Today, they recently embedded a malicious mining code in Kobe Bryant's photo to capitalize on his tragic death

The crooks behind the MyKings mining botnet have managed to net more than $2.1 mln, which underscores how lucrative cryptojacking is.   

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD