An engineer from Baidu was sentenced to serve a sentence of 3 years in prison for using his company's servers to undermine cryptocurrency Monero (XMR).
An bang, an engineer responsible for the maintenance of the search engine of the Chinese internet giant Baidu, did not resist the idea of exploiting the powerful servers of his company to extract digital coins.
According to SouthChinaMorningPost, citing local media, in spring 2018, Bang installed scripts to Monero miner (XMR), a cryptocurrency focused on confidentiality, on more than 200 servers belonging to Baidu.
Read also : with Xuperchain, Baidu wants to democratize blockchain in business
However, Chinese Google quickly realized the deception and ended up alerting the authorities. Meanwhile, Bang had already mined and sold for about 100,000 yuan, or nearly 13,000 euros, of tokens XMR.
Following his arrest and his judgment, the employee was sentenced to 3 years imprisonment and a fine of around 1,300 euros.
While China banned trading in cryptocurrencies, the mining is still authorized today. Several industry leaders, such as Canaan or Bitmain, are based there.
Related posts:
GitHub Libra Code draws criticism from users 
Tipping on Reddit and Vimeo in BAT introduced by Brave 
Newcomers to the crypto market have to pay attention to scams and pump and dumps 
Hardly any growth in downloaded crypto apps, despite tripling price bitcoin 
Bloomberg accepts Bitcoin – says cryptomonads are here to stay 
The Central Bank can release their cryptocurrencies earlier than expected
