Binary Option Affiliate Mode in Money Laundering
Article Sidebar
Main Article Content
Abstract
This article aims to analyze the legal arrangements regarding money laundering under the guise of binary options trading and the elements behind the actions of binary options affiliates that can be qualified as money laundering crimes. This study discusses regulations related to money laundering under the guise of binary options trading and the elements behind the actions of binary options affiliates that can be qualified as money laundering crimes. The type of research is normative, with a statutory approach and a case approach, legal material collection techniques consisting of literature studies, document studies, and online research as well as methods of descriptive legal material analysis and deductive conclusion-making. The results showed that the regulation of money laundering in the mode of binary options trading in Indonesia is regulated in Article 3 of the TPPU Law, while the mode of binary options trading itself is regulated in Article 378 of the Criminal Code concerning fraud, Article 27 paragraph (2) and article 28 paragraph (1) of the ITE Law. While the elements behind the actions of binary option affiliates can be qualified as money laundering crimes are the existence of original crimes, namely fraud and online gambling, and the act of disguising assets obtained from the results of binary option affiliates by spending these assets and giving them free of charge to others in unreasonable large amounts, As well as storing them in the form of digital assets such as crypto and bitcoin.
Downloads
Article Details
Issue
Section
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
References
Ardiansyah, M., & Prastyo, B. A. (2022). Legal Analysis Of Binary Options Through Online-Based Platforms. JISIP (Jurnal Ilmu Sosial Dan Pendidikan), 6(4).
Bintoro, S., Sjamsuddin, S., Pratiwi, R. N., & Hermawan. (2020). International cooperation to combat money laundering in the capital market: Indonesia and Australia experience. Journal of Investment Compliance, 21(4), 263–276. https://doi.org/10.1108/JOIC-10-2020-0043
Bustomi, Y. (2022). Judi Berkedok Trading: Modus Operandi Dan Upaya Pemberantasannya. Jurnal Hukum dan Pembangunan Ekonomi, 10(1), Article 1. https://doi.org/10.20961/hpe.v10i1.60026
De Filippi, P., & Wright, A. (2018). Blockchain and the law: The rule of code. Harvard University Press.
Efendi, J., & Ibrahim, J. (2018). Metode Penelitian Hukum: Normatif dan Empiris. Prenada Media.
Haidar, M. B., & Rusdiana, E. (2022). Kategori Binary Option Trading Sebagai Perjudian Berbasis Dalam Jaringan (Online). NOVUM : JURNAL HUKUM, 158–167. https://doi.org/10.2674/novum.v0i0.47607
Hopton, D. (2020). Money Laundering: A Concise Guide for All Business (2nd ed.). Routledge. https://doi.org/10.4324/9781003062226
Irkham Firdaus, M., Hisyam Hawari, M., & Fathin Nur Ihsan, M. (2022). Review of the Legality of Binary Options According to Islamic Law and Laws in Indonesia. JURNAL RUANG HUKUM, 1(2), 47–52. https://doi.org/10.58222/juruh.v1i2.362
Jabbar, S. F. A. (2020). Islamic financial institutions: Conduits for money laundering? Journal of Money Laundering Control, 23(2), 285–295. https://doi.org/10.1108/JMLC-09-2019-0074
Kalalo, A., & Darmayanti Putong, D. (2022). Upaya Pusat Pelaporan Dan Analisis Transaksi Keuangan (PPATK) Dalam Mencegah Tindak Pidana Pencucian Uang Dalam Sistem Perbankan. Jurnal Hukum To-Ra : Hukum Untuk Mengatur Dan Melindungi Masyarakat, 8(2), 149–161. https://doi.org/10.55809/tora.v8i2.139
Kuswandi. (2022, April 8). Mengenal PPATK, Lembaga yang Bikin Afiliator Binary Option Ketar-ketir—Jawa Pos. Mengenal PPATK, Lembaga yang Bikin Afiliator Binary Option Ketar-ketir - Jawa Pos. https://www.jawapos.com/nasional/01379589/mengenal-ppatk-lembaga-yang-bikin-afiliator-binary-option-ketarketir
Lestari, R. I., & Arifin, Z. (2022). Godaan Praktik Binary Option Berkedok Investasi Dan Trading. Jurnal Ius Constituendum, 7(1), 19–31.
Levi, M., & Soudijn, M. (2020). Understanding the laundering of organized crime money. Crime and Justice, 49(1), 579–631.
M. A, F., & Simangunsong, F. (2022). Pertanggung Jawaban Pelaku Binary Option Terhadap Hukum Positif Di Indonesia. Bureaucracy Journal : Indonesia Journal of Law and Social-Political Governance, 2(2), 628–648. https://doi.org/10.53363/bureau.v2i2.93
Menz, M. (2019). Beyond placement, layering and integration – the perception of trade-based money laundering risk in UK financial services. Journal of Money Laundering Control, 22(4), 614–625. https://doi.org/10.1108/JMLC-12-2018-0070
Muhammad Syarifati, B., & Panorama, M. (2022). Maysir Element Analysis in Binary Option Platform Case Study of IQ Option Application. Indonesian Journal of Multidisciplinary Science, 1(10), 1202–1210. https://doi.org/10.55324/ijoms.v1i10.182
Noor, N. A., & Ruslie, A. S. (2022). Sistem Affiliator Binary Option Pada Platform Binomo Dalam Perspektif Hukum Islam. Bureaucracy Journal : Indonesia Journal of Law and Social-Political Governance, 2(3), 918–928. https://doi.org/10.53363/bureau.v2i3.72
Obe, R. G. A., & Nay, F. A. (2022). Strategy to Suppress Corruption and Money Laundering in the Digital Age. Journal of Digital Law and Policy, 2(1), 41–52. https://doi.org/10.58982/jdlp.v2i1.302
Oksanen, A., Mantere, E., Vuorinen, I., & Savolainen, I. (2022). Gambling and online trading: Emerging risks of real-time stock and cryptocurrency trading platforms. Public Health, 205, 72–78. https://doi.org/10.1016/j.puhe.2022.01.027
Paranna, T. N. S., & Andersen, C. (2022). Legal Liability of Influencers or Affiliates for Stock Pumping Activities and Promoting Trading in The Form of Binary Options. Daengku: Journal of Humanities and Social Sciences Innovation, 2(6), 816–822. https://doi.org/10.35877/454RI.daengku1295
Puluhulawa, F., Rusdiyanto Puluhulawa, M., & Adelina Harun, A. (2022). Good Environment as Part of Human Right: A Case Study on Plastic Waste Post Pandemic. KnE Social Sciences. https://doi.org/10.18502/kss.v7i15.12071
Puspitasari, D., & Rachim, F. R. A. (2021). Binary Option sebagai Komoditi Perdagangan Berjangka di Indonesia. Jurnal Hukum Lex Generalis, 2(8), 627–648. https://doi.org/10.56370/jhlg.v2i8.98
Rahma, I. (2022). Urgensi Peran Pusat Pelaporan Dan Analisis Transaksi Keuangan Dalam Penegakkan Hukum Tindak Pidana Pencucian Uang. MAQASIDI: Jurnal Syariah Dan Hukum, 113–126. https://doi.org/10.47498/maqasidi.vi.1311
Rifai, A., & Meliala, A. J. (2023). Law Enforcement Against Binary Option Trading Affiliators. In A. J. Meliala, D. P. Azaria, J. Lydia, A. A. Maratovich, C. Brown, & C. Cason (Eds.), Proceedings of the International Conference on Law Studies (INCOLS 2022) (pp. 148–157). Atlantis Press SARL. https://doi.org/10.2991/978-2-494069-23-7_14
Scopino, G. (2020). Algo Bots and the Law: Technology, Automation, and the Regulation of Futures and Other Derivatives (1st ed). Cambridge University Press.
Soppe, A. (2017). New financial ethics: A normative approach. Routledge.
Suhaimi, S. (2018). Problem Hukum Dan Pendekatan Dalam Penelitian Hukum Normatif. Jurnal Yustitia, 19(2).
Sulchan, A., Musofiana, I., & Rusydi, A. A. (2021). Implementation Of Principles In Identifying Service Users Regarding The Prevention And Eradication Of Money Laundering Offense. International Journal of Law Reconstruction, 5(1), 61. https://doi.org/10.26532/ijlr.v5i1.15492
Suryani, M., Sastraatmadja, H. A., Elsyadina, S., & Budiman, M. (2022). Pertanggungjawaban pelaku tindak pidana pencucian uang hasil dari binary option pada platform binomo. MAHUPAS: Mahasiswa Hukum Unpas, 1(02), 18–30.
Tumiwa, A. F. (2018). Tindak Pidana Pencucian Uang Dalam Perspektif Undang-Undang No 8 Tahun 2010 Tentang Pencegahan Dan Pemberantasan Tindak Pidana Pencucian Uang. LEX CRIMEN, 7(2), Article 2. https://ejournal.unsrat.ac.id/v3/index.php/lexcrimen/article/view/19596
Tuori, K. (2021). Properties of law: Modern law and after. Cambridge University Press.
Walsh, J. P., & O’Connor, C. (2019). Social media and policing: A review of recent research. Sociology Compass, 13(1), e12648. https://doi.org/10.1111/soc4.12648
Wibowo, M. H. (2018). Corporate Responsibility in Money Laundering Crime (Perspective Criminal Law Policy in Crime of Corruption in Indonesia). Journal of Indonesian Legal Studies, 3(2), 213–236. https://doi.org/10.15294/jils.v3i02.22740
Zaenudin, F. R., & Faridah, H. (2022). Pertanggungjawaban Pidana Terhadap Afiliator Aplikasi Opsi Biner Ilegal Dalam Hukum Pidana Indonesia. Jurnal Hukum Sasana, 8(1).
Zaki, M. R. S., Jhonshon, W., Pasaribu, P. G., Haykal, M., & Adani, A. (2022). Hukum investasi, multimoda, dan perdagangan internasional di era pandemi Covid-19. Publica Institute Jakarta.