Holiday Ayo - 

The Cyber Crime Directorate (Dittipidsiber) of the Indonesian National Police (Bareskrim Polri) has arrested a man identified as HS, a Bandung resident, for allegedly breaching the international cryptocurrency trading platform markets.com, based in London, United Kingdom. The suspect reportedly siphoned off funds totaling Rp6.67 billion.

Deputy Director of the Cyber Crime Unit, Commissioner Andri Sudarmadi, explained that HS exploited a vulnerability within the platform’s security system. The suspect discovered an anomaly in the input field for transaction amounts, then created four fictitious accounts to execute the scheme.

“The perpetrator exploited a system weakness, allowing the nominal USD amount entered into the deposit field to be automatically accepted by the platform according to the number input,” Andri stated during a press conference on Thursday (November 20, 2025), quoting Detik.com.

As a result of the breach, the company under Vialto International United suffered a financial loss of Rp6,673,440,000.

Investigators traced the flow of funds and identified the owners of the fraudulent accounts, leading to HS’s arrest on Saturday (November 15, 2025). Based on police examination, the suspect worked as a distributor of computer accessories and equipment and has been involved in the cryptocurrency industry since 2017—knowledge that allegedly enabled him to exploit the system loophole.

Seized evidence includes:

• 1 laptop unit

• 1 mobile phone

• 1 cold wallet containing 266,801 USDT (equivalent to Rp4.45 billion)

• 1 Priority ATM card

• 1 CPU unit

• 1 commercial building (shophouse) measuring 152 m² in Bandung

“The suspect faces a maximum sentence of 15 years in prison and fines of up to Rp15 billion,” Andri asserted.