Jakarta – The Financial Transaction Reports and Analysis Center (PPATK) revealed that illegal transactions using cryptocurrency reached Rp1.3 trillion throughout 2024. This phenomenon is increasingly concerning as the proceeds from online gambling, which are channeled abroad through cryptocurrency platforms such as Binance and Cryptocurrency, have surpassed Rp28 trillion.
“Based on our analysis, the funds from gambling have been sent abroad, resulting in a capital outflow through Binance and Cryptocurrency, amounting to over Rp28 trillion by the end of 2024,” said PPATK Head Ivan Yustiananda when contacted on Friday (February 7, 2025).
Ivan added that this amount is substantial and could harm society while negatively impacting the national economy. “It’s nearly reaching Rp30 trillion. If left unchecked, it could hinder the economic programs of President Prabowo,” he stated.
He also pointed out that cryptocurrency has become one of the main methods used by criminals, particularly online gambling operators, to move assets abroad. Therefore, Ivan emphasized the need for strict legal action to prevent further economic damage.
Meanwhile, the Attorney General’s Office (Kejagung) also revealed the suspected use of cryptocurrency in illegal transactions over the past year. The Attorney General’s Deputy for Special Crimes at Kejagung, Asep Nana Mulyana, stated that, according to international reports, Indonesia currently ranks third in the global cryptocurrency adoption index in 2024.
“The flow of illegal funds through the cryptocurrency ecosystem has resulted in a state loss of up to Rp1.3 trillion in the past year, utilizing digital devices,” Asep said in a written statement on Monday (February 3, 2025).
According to data held by Kejagung, the total cryptocurrency transactions in Indonesia have reached USD157.1 billion. Asep also highlighted the increasingly sophisticated cryptocurrency-based fraud schemes being carried out by criminals.
“Criminals are becoming more skilled at executing cryptocurrency-based investment frauds that harm the country, using digital devices such as mixers and tumblers to obscure transaction trails, as well as cross-chain bridging to move assets across blockchains without detection,” he explained.
Asep stressed that with the suspected use of cryptocurrency to conceal criminal proceeds, Kejagung investigators must enhance their investigative capabilities. “Existing indications must be acted upon immediately to prevent further state losses,” he concluded.
