A cryptocurrency scam in Indonesia has left many investors losing millions of USD, with one victim losing up to $20,000 from their retirement savings. The incident shocked public opinion when the bank accounts of Bank Central Asia (BCA) and Bank Rakyat Indonesia (BRI) were exploited to receive money from victims.


🚨 Scam Trick: "Professor AS" and the Fake Investment

According to a report from Tempo.co, the scammers approached victims through #WhatsApp and invited them to join a cryptocurrency investment group run by a mysterious figure nicknamed "Professor AS".


After successfully luring them in, they required investors to transfer money to the JYPRX platform, using BCA and BRI bank accounts. To create initial trust, the scam group even gifted USDT stablecoin and allowed small withdrawals.


However, shortly after, the victims' accounts were frozen under the pretext of "being investigated." The scam group continued to pressure victims to return the bonus money and purchase an additional new coin, but ultimately, they were unable to recover their invested funds.


🔍 Bank Speaks Out, Police Intervene

In response to the wave of criticism, Ms. Hera F. Haryn, Corporate Communications Director of BCA, affirmed that the bank will closely coordinate with law enforcement to investigate the case. She also emphasized the need for customers to be vigilant against scams and absolutely not to provide bank account information to anyone.


The Jakarta police have intervened and announced that they dismantled an online financial scam network on March 19. According to the investigation, this network caused 90 victims to lose a total of $90,000 (Rp105 billion).


Not only in #Indonesia , the form of cryptocurrency scams is also spreading globally. In early March, California shut down 26 cryptocurrency scam websites related to a scam worth $4.6 million.


In addition, the theft on the Bybit exchange is also in the spotlight with the stolen amount reaching $1.4 billion, and authorities are still investigating.


⚠️ Lesson for Investors

The increase in scams highlights the importance of thoroughly checking information before investing in any platform. Investors need to:

✔ Avoid transferring money to personal accounts or unclear platforms.

✔ Do not believe in unrealistic promises of high profits.

✔ Always verify information from official sources.


With cooperation from banks and authorities, there is hope that scams like this will soon be eradicated, making the cryptocurrency market more transparent and safer. 🚀 #anhbacong