16 Persons Arrested for Crypto Jacking in Japan
June 19, 2018
Japan’s prosecutors arrested 16 persons suspected in continuing case of crypto jacking, as reported by the local news agency The Asahi Shimbun.
Crypto jacking is using computational capacities of unwitting users for mining cryptocurrencies that subsequently come to hacker’s account.
According to the report by Asahi Shimbun, the suspects were supposed to start their own websites to distribute malware mining programs including Coinhive which mines Monero (XMR).
The bulk of the sum gained via crypto jacking by the alleged suspects has made about 120,000 yen. The report stresses, they received only 70% of cryptocurrency, Coinhive got the rest.
A professor of Konan Law School Hisashi Sonoda specialized on cyber crimes noted, immediate arrests may be excessive as so far there are no legal precedents for reviewing such cases.
Coinhive company launched in 2017 became one of the most wide-spread online tools for Monero which exploits users’ capacities. It is used for targeting on PCs via YouTube as well as governmental and university websites.