Japanese Police Crack Down on Some Cryptocurrency Users

Submitted by Guest on

Written by :

Guest

Published on :

Japanese Police Crack Down on Some Cryptocurrency Users

Say what?Japanese Police have been cracking down on users of remote mining software apps, such as Coinhive, without their website visitors’ consent. bitcoin.com News is reporting Sunday evening.

Users have reportedly had their propery impounded.

A Coinhive user who claims to be under investigation told news.Bitcoin.com, emphasizing that the police made arrests based solely on their opinion with no clarity of the law.

He elaborated, “People currently being investigated or arrested are primarily those who began using Coinhive since last September” and some have already stopped using the program long before the police started the investigations. “The possibility of Coinhive being a crime wasn’t pointed out until a Nikkei article of Dec 10,” he said.

Coinhive offers a JavaScript miner for the Monero Blockchain that you can embed in your website. Then users run the miner directly in their Browser and mine XMR for you in turn for an ad-free experience, in-game currency or whatever incentives you can come up with.

READ MORE HERE

- Aaron Goldstein, Gambling911.com

Related Content

FairGambling Launches Crypto Casino Review and Analytics Platform With Provably Fair Tools and Extra Rewards

FairGambling Launches Crypto Casino Review and Analytics Platform With Provably Fair Tools and Extra Rewards

FairGambling, a new transparency and rewards platform for crypto casino players and Bitcoin gamblers, today announced its public launch.
SpaceX IPO Betting Market: Traders Split on the Over, Under$2,000,000,000,000.00

SpaceX IPO Betting Market: Traders Split on the Over, Under $2,000,000,000,000.00

SpaceX says it plans to raise up to $75 billion when it goes public this month, and this would put Elon Musk on course to becoming the world’s first trillionaire with traders giving that a 93% chance of happening by year's end.
New Mexico Becomes the Latest State to Sue Kalshi

New Mexico Becomes the Latest State to Sue Kalshi

The suit claims that Kalshi is taking sports bets while evading state laws regulating online gambling.
Sorry We're Closed Sign

Seattle Washington Area Casinos Silver Dollar Mill Creek and Crazy Moose Mountlake Closing

Maverick Gaming is shutting down two of its Seattle, Washington-area casinos as part of its ongoing bankruptcy restructuring.