How it shows up in Indonesia
| Setting | The trick | The check |
|---|---|---|
| P2P sale for bank transfer or e-wallet | A fake transfer receipt | Check your own bank or e-wallet app |
| Flash USDT sellers on Telegram | Cheap USDT “for trading capital” | Flash USDT is fake. Do not pay. |
| Crypto investment schemes | Fixed returns, “robot trading”, referral bonuses | Check the platform with OJK |
| Task and part-time jobs | Top up USDT to receive bigger commissions | See task scams |
Check a platform with OJK
Supervision of crypto assets moved from the Commodity Futures Trading Regulatory Agency (Bappebti) to the Financial Services Authority (Otoritas Jasa Keuangan, OJK) in January 2025. OJK and the task force against illegal financial activities (Satgas PASTI) publish information on licensed entities and block illegal ones.
- Find the platform’s company name, not just the app name.
- Check it against OJK’s published information on licensed crypto asset traders.
- Search Satgas PASTI announcements for the name.
- Do not deposit with a platform you cannot find, whatever returns it shows.
Check any USDT you receive
Compare the token contract in your wallet with the official USDT contract for the network. On TRON it is TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t. A token named USDT at another address is flash USDT. See how to check flash USDT.
Report to the Indonesia Anti-Scam Centre
The Indonesia Anti-Scam Centre (IASC), run under OJK, receives scam reports and coordinates with banks to block the accounts that received victims’ money. It has received hundreds of thousands of reports since it started. Speed matters: the sooner you report, the more likely money is still in an account that can be blocked.
- Report to IASC through its official website.
- Contact your bank or e-wallet provider at the same time.
- Report to the police cyber units (Bareskrim Siber) or your local police.
- Beware of fake accounts claiming to be IASC and asking for fees. Satgas PASTI has warned about them.
Bring transaction hashes, wallet addresses, bank references and chats. See how to report.
Robot trading and USDT investment schemes
Indonesia has seen many “robot trading” and crypto investment schemes that promise automatic profits. Newer versions take deposits in USDT. The features repeat:
- A trading robot or AI that “never loses”.
- Fixed returns and referral levels.
- A company name that is not on OJK’s lists, or that copies a licensed company.
- Withdrawals that require fees once deposits stop growing.
Satgas PASTI regularly blocks illegal investment entities. Check its announcements before joining anything. See fake trading platforms.
Questions Indonesian traders ask
Is Bappebti still the regulator for crypto?
No. Supervision moved to OJK in January 2025. Older articles that mention Bappebti may be out of date.
Someone from “IASC” contacted me and asked for a fee. Is it real?
No. Satgas PASTI has warned about scammers posing as IASC. The real IASC does not charge victims. Report through the official website only.
Can I sell flash USDT on Indonesian P2P platforms?
No. Platforms escrow the official USDT only, and selling a fake to anyone is fraud.
What to prepare before reporting to IASC
| Item | Where to find it |
|---|---|
| Bank or e-wallet transfer details | Your app’s transaction history |
| The receiving account number and name | The transfer receipt |
| Crypto transaction hashes and addresses | Your wallet or the explorer |
| Chats, usernames and links | Screenshots with dates |
Questions people ask
Who regulates crypto in Indonesia?
The Financial Services Authority (OJK), which took over crypto supervision from Bappebti in January 2025.
Where do I report a crypto scam in Indonesia?
To the Indonesia Anti-Scam Centre (IASC), your bank or e-wallet, and the police.
Can IASC get my money back?
IASC coordinates with banks to block accounts used in scams. Reporting quickly gives the best chance.
Is flash USDT real in Indonesia?
No. Flash USDT is fake everywhere. Only Tether can issue USDT.
Sources
Not sure about an offer?
Send it to us before you pay. A person reads it. It costs nothing.
Ask us about it