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Japanese Police Crack Down on Some Cryptocurrency Users

Written by:
Guest
Published on:
Jun/24/2018

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

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