2025-12-11 14:38:01

Indonesia's financial regulators are ramping up enforcement against social media influencers promoting risky investment schemes. The move comes after a wave of P2P platform collapses left thousands of retail investors nursing heavy losses. Authorities say finfluencers who tout unregistered products or mislead followers about returns could face serious penalties. It's part of a broader push to clean up the Wild West of online investment advice—especially as crypto and DeFi products blur the lines between traditional finance and speculative assets. The question now: will stricter oversight actually protect users, or just push shady promoters further underground?

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ProposalManiac

· 22h ago

Indonesia's crackdown this time still depends on enforcement. Historically, similar campaigns tend to fizzle out in two or three years, and ultimately those who should be harvested still get harvested. The key question is — will the underground activity costs really increase? Or is it just pushing influencers into private Telegram groups?

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TokenomicsShaman

· 12-12 12:26

Here comes another wave of regulatory crackdown, this time targeting those shitcoin promoters... but honestly, it's just a whack-a-mole game. The P2P explosion indeed hurt many retail investors, but the big fish have long escaped. Instead of chasing finfluencers, why not cut off those unregistered projects at the source? It's 2024 and you're still playing this game... the underground market has long been using Telegram private groups. Stricter oversight sounds good, but in reality? Hehe. Indonesia is actually quite serious, much better than some places. It was about time to investigate. Seeing those "guaranteed returns" posts on Xiaohongshu every day is truly incredible. But could this instead push out more professional scam teams... Banning them forever won't solve the problem; people need to learn how to distinguish.

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YieldFarmRefugee

· 12-12 03:19

Good grief, another P2P explosion story... This time it's Indonesia's turn, finfluencers are finally about to get their comeuppance. Wait, the real question is—after shutting down these influencers, can the retail investors who got burned get their money back? Wow, isn't this just pushing the tumor underground... making it even harder to track later on. Honestly, this crackdown came too late; many people have already lost everything, even their pants.

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CountdownToBroke

· 12-11 21:23

They should have been regulated earlier. Those hosts who promote financial products for sales are really ruthless in cutting leeks. --- I bet five dollars that these people will turn around and continue to cut in telegram, discord, and other platforms. --- Indonesia’s crackdown was still too late; they only started to regulate after P2P collapsed... truly. --- The question is, how to regulate? They’re not on-chain and not under their control, these folks always find loopholes. --- Although crackdowns are a good thing, it seems they can only scare small fish and shrimp. Big fish have already escaped. --- Honestly, as long as there’s profit to be made, the more you try to regulate them, the more they’ll come up with new tricks. It’s an eternal cat-and-mouse game. --- Are those retail investors who got cut now crying... why didn’t they see through the true nature of these "big V" figures earlier? --- Underground activities are inevitable, but at least it can reduce some newbies from being scammed. It’s still somewhat useful.

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OnchainFortuneTeller

· 12-11 15:04

It should have been addressed earlier. Those live streamers promoting products are fooling small retail investors every day. My friend was seriously duped...

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GasGasGasBro

· 12-11 15:02

It's right not to trust these financial influencers; you should have checked earlier.

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GlueGuy

· 12-11 14:51

Regulation is coming, but those online influencers who promote products have already gone underground... Do you really think fines can stop the lure of profits?

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degenonymous

· 12-11 14:50

It was about time to take action against these live-streaming sellers, bragging about cutting leek and still so brazenly --- Another "for your own good" regulation, when the scammers change disguises, they keep scamming --- Wait, is this about Indonesia? The P2P collapse there is just too outrageous --- Crypto is inherently high risk, and these internet celebrities insist on hyping it up until problems occur, it's hilarious --- The core issue is that retail investors are clueless, trusting all kinds of rebate promises --- Cracking down on finfluencers is interesting, but the real scammers have long since shifted their tactics --- These regulatory agencies are too naive; shady characters always stay one step ahead of the rules --- Indonesia has finally taken action? I’ve been saying these investment KOLs should have been investigated long ago --- Surface-level crackdown, but in reality, it's just protecting the vested interests of big institutions

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AllInDaddy

· 12-11 14:45

Here comes the story of cutting leeks again... Is this time finally serious? --- Indonesia's move this time is quite harsh, but I still bet five dollars that someone will still get scammed. --- In short, it’s unstoppable. These shady guys have already found the next platform long ago. --- Wait, can those retail investors who got cut recover their money? Just fining influencers, what’s the use? --- That DeFi set-up should have been regulated long ago. It’s really outrageous. --- I just want to know who will compensate those people’s money. Regulator? Haha. --- Strict regulation can save the leeks? I doubt it. As long as there’s profit potential, someone will still take risks. --- Wow, this time the underground market is about to heat up again. --- Anyway, I don’t trust any finfluencers; they’re just a bunch of scammers. --- The problem is... the money those people lost can’t be recovered. No matter how strict the regulation, it’s useless.

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Layer2Observer

· 12-11 14:42

From the data, Indonesia's current enforcement can only catch the tip of the iceberg. The real issue lies in the incentive mechanism— as long as the referral system remains, there will always be people taking risks.

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