âThe three suspects include a web designer and another individual who has been fined âÂ¥â100,000 ($900) by the Yokohama Summary Court for âillegally storing a computer virusâ. The defendant has argued that the software, Coinhive, is not a virus and is a software script that brings monetization similar to online ad distribution platforms.âMoreover:
âStill, authorities have decided to press charges against the individuals for operating websites âwithout clear notices about miningâ. The criminal case will be taken to trial at the Yokohama District Court in what will be Japanâs first crypto-jacking criminal prosecution.âSee the full report by CCN for yourself, here- https://www.ccn.com/monero-miners-to-see-charges-in-japans-first-cryptojacking-criminal-case/ For now, this case will continue to hit headlines in and around Japan. What it does highlight is that authorities in Japan do mean it when they say they are clamping down on malicious cryptocurrency activities. This resonates with the recent regulations imposed by financial authorities within Japan onto cryptocurrency exchanges etc too. They are shaping their future to be more accepting of cryptocurrencies, a key part of that will involve seeing that justice is served to criminals, in the hope that in the future, the increased chances of getting caught will put more people off engaging in cybercrime.