Indonesia blocks 'Click to Earn' platform Snapboost over illegal money scheme

Indonesia's Task Force for the Eradication of Illegal Financial Activities (Satgas Pasti) has suspended the operations of the digital platform Snapboost. The platform is accused of using a "Click to Earn" (C2E) scheme, which promised users income by interacting with content on social media platforms like Instagram, Facebook, YouTube, and TikTok.

Satgas Pasti Secretary Hudiyanto stated that users were required to make deposits to participate and earn commissions from their activities. Snapboost allegedly offered daily income, bonuses based on membership levels, and recruitment commissions. The platform also reportedly offered prizes, such as motorcycles and cars, to members who deposited a certain amount of money.

An investigation revealed that Snapboost operated without a registered legal entity or business license in Indonesia. Furthermore, its application and website were not registered as Electronic System Providers (PSE) with the Ministry of Communication and Digital Affairs. Authorities also found evidence that the operators periodically changed website links under different names, while maintaining similar platform features and operational mechanisms, suggesting a connected network.

Based on these findings, Satgas Pasti halted Snapboost's activities and blocked access to its application and related links. The task force is coordinating with law enforcement for further action. Hudiyanto urged individuals who suffered losses from Snapboost or similar schemes to report to local authorities and advised the public to remain cautious of financial schemes offering unrealistic returns, especially those requiring upfront deposits or using platforms that frequently change their web addresses.

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Snapboost also offered daily income, bonuses based on membership levels, and commissions through a member recruitment system.