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Submitted
March 24, 2025
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June 30, 2025
Published
June 30, 2025
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Abstract

This study examines legal protection available to investors who have incurred financial losses following their investment in the Botxcoin crypto asset, within the framework of prevailing Indonesian regulatory instruments. Botxcoin has been officially designated as a legally tradable crypto asset pursuant to the Decree of PT Central Financial X Number: CFX/DIR-SK/004/IV/2025 concerning the Determination of the List of Crypto Assets, and its recognition is reinforced by the Financial Services Authority Regulation (POJK) Number 27 of 2024, which governs the supervision and licensing of crypto asset trading in Indonesia. Despite this formal legal status, the research reveals a lack of adequate legal remedies for affected investors. Employing a normative juridical methodology through statutory, conceptual, and case-based approaches, the study assesses the scope of regulatory oversight and the responsibilities of licensed physical crypto asset traders such as Indodax. The findings indicate the existence of a regulatory vacuum concerning restitution and compensation mechanisms for investor losses. This underscores the urgent need for the enhancement of investor protection frameworks, stricter enforcement of accountability standards for trading platforms, and greater investor vigilance to foster a more transparent and secure digital asset trading environment in Indonesia.

Keywords

Cryptoassets Investment Losses Legal Protection for Cryptoassets

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Copyright (c) 2025 Taufan Bangun Samudra, Inda Rahadiyan

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How to Cite
Samudra, T. B., & Rahadiyan, I. (2025). Legal Protection for Crypto Asset Customers in Indonesia Against Investment Losses in Botxcoin. Journal of Private and Commercial Law, 2(1), 1–25. https://doi.org/10.20885/JPCOL.vol2.iss1.art1
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