Market

Monero Mining Utility Litigation Is Over

A Japanese music website developer – who fought police in the country’s courts after being fined for adding the mining utility Monero (XMR) to his website – is preparing to sue the Supreme Court law enforcement agencies won.

Monero mining utility litigation is over

The incident dates back to late 2017 when Yokohama-based company Moroi Seiya, 34, used a cryptocurrency mining app developed by Coinhive on its websites to trick website visitors into mining for money. Since Coinhive’s app shut down, it has distributed 30% of the tokens mined to developers, with 70% going to the website publisher.

In 2017-2018, Japanese police cracked down on certain types of cryptocurrency mining software and web plugins that use the power of third-party central processing units (CPUs) to power some mining apps – most notably the tool developed by Coinhive – to be labeled as “viruses”. More than a dozen web publishers across the country have been fined.

Moroi was reportedly fined $900 in 2018 but launched a lengthy legal battle against police, claiming at the time he “certainly didn’t think” he was doing anything illegal with the app.

An epic legal battle ensued, culminating in a final lawsuit last year when he won the right to take the case to the Supreme Court after losing his case in a judicial branch of the Tokyo Supreme Court.

However, according to the Supreme Court document, the country’s highest court has ruled that cryptocurrency mining software cannot be considered malware, as police initially stated.

Moroi claims that he makes no secret of the fact that he runs Coinhive code on the site, so is not involved in “fooling” site visitors. He also noted that running the script earned him only $9 worth of tokens — a fact that makes the size of the fine difficult to justify.

Moroi’s legitimate campaign was funded and supported in part by the Japan Hackers Association. In a blog post, he thanked the team and his legal team, noting that “although I’ve been found not guilty, I have a lot to think about.”

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Important NOTE: All content on the website is for informational purposes only and in no way constitutes investment advice. Your money, the choice is yours.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties

Explore key takeaways from BlockDAG’s AMA, showcasing strides in scalability, growth of the ecosystem, and…

13 minutes ago

Best Cryptos with 1000X Potential: Qubetics Revolutionises Blockchain as Polkadot and Cosmos Shape the Future

Discover why Qubetics, Polkadot, and Cosmos are the best cryptos with 1000X potential, offering innovation,…

4 hours ago

Best Coins to Buy in December 2024: Qubetics Offer 630% ROI, Polkadot Delivers on Interoperability and Near Protocol’s Scalability is Talk of the Town

Explore the best coins to buy in December 2024—Qubetics with its thrilling presale, Polkadot’s interoperability,…

10 hours ago

Crypto Market Outlook 2025 Key Factors to Watch

The Crypto Market Outlook 2025 highlights key areas: stablecoin growth, tokenization, crypto ETFs, DeFi innovation,…

13 hours ago

Bitcoin Quantum Computing Threat Expected to Take Decades

The Bitcoin quantum computing threat is years away, but reserves already support post-quantum signatures via…

13 hours ago

Best New Meme Coins to Invest in Today: BTFD Coin Wows Investors with Unmissable Stage-7 Price Reversal as Book of Meme and Snek Crash

Don't miss BTFD Coin's Stage-7 presale dip! Find out why it's leading the pack of…

13 hours ago

This website uses cookies.