Indonesia blocks Snapboost platform for illegal financial activities

Indonesia's Financial Activities Eradication Task Force (Satgas Pasti) has halted the operations of the digital platform Snapboost, identifying it as an illegal financial activity. The platform lured users with promises of monetizing social media engagement through a "Click to Earn" system, where participants were required to deposit funds to earn commissions by liking content on platforms like Instagram, Facebook, YouTube, and TikTok.

According to Satgas Pasti Secretary Hudiyanto, Snapboost's scheme involved users making deposits to receive daily earnings, membership-based bonuses, and recruitment commissions. "Members who deposited funds within a certain nominal amount were also promised prizes such as motorcycles and cars," Hudiyanto stated in an official release on Tuesday, July 28, 2026.

Investigations revealed that Snapboost operated without a legal entity or business permit in Indonesia. Furthermore, its application and website were not registered as Electronic System Providers (PSE) with the Ministry of Communication and Digital. The task force also noted that the perpetrators frequently changed their website links and names while maintaining the same features and operational mechanisms, suggesting a connected operation.

In response, Satgas Pasti has blocked access to Snapboost's application and links and is coordinating with law enforcement for further action. The public is urged to report any financial activities promising unrealistic high returns, especially those requiring upfront deposits and operating through frequently changing web addresses, to authorities. Victims can report to the Indonesia Anti-Scam Centre (IASC) at iasc.ojk.go.id.

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Members who deposited funds within a certain nominal amount were also promised prizes such as motorcycles and cars.