January 2024

Volume 07 Issue 01 January 2024
Legal Protection for Users of Affiliate Services in Binary Option Platform Transactions
1Festus H.P.C. Panjaitan, 2Dr. Widhayani Dian Pawestri, 3Prof. Dr. Mas Rahmah
1Master of Law Student, Faculty of Law, Airlangga University, Indonesia
2,3Lecturer Master of Laws, Faculty of Law, Airlangga University, Indonesia
DOI : https://doi.org/10.47191/ijsshr/v7-i01-52

Google Scholar Download Pdf
ABSTRACT

The purpose of this study is to examine the extent of legal protection provided to users of Binary Option platform services on the basis of affiliate violations and whether affiliates are liable for losses experienced by Binary Option service users. This type of research is legal research, using normative juridical research. The approaches used in this research are the statutory approach and the conceptual approach. The results of this research are that Binary Options trading is a guessing game or called gambling and does not have an operating permit in Indonesia and the legal protection provided is through the Investment Alert Task Force which actively gives an appeal to the public to be more careful if they want to carry out investment activities. because until now there are no definite regulations regarding Binary Option services.

KEYWORDS:

Legal Protection, Binary Option, Affiliate

REFERENCES
1) Barkatulah, Abdul Halim (2010). Hak Hak Konsumen. (Bandung: Nusa Media, 2010).

2) Cofnas, A.(2016). Trading Binary Options: Strategies and Tactics, 2nd ed. (Bloomberg Financial. John Wiley & Sons, 2016).

3) Duffy, Dennis L. (2005). Affiliate Marketing and Its Impact on E-Commerce,” Journal of Consumer Marketing, 22(3), 161–163.

4) Emi (2016). Risk vs Return with Binary Option Trading, Lahti University of Applied Science, Lahti, 2016.

5) Garner, Bryan A. (2009). Black Law Dictionary. (USA: West Publishing Co. Thomson Reuters, 2009).

6) Hasanuddin, A. F. (2019). Pendapat Majelis Ulama Indonesia (MUl) Kabupaten Malang terhadap Trading Binary Option, Disertasi, Universitas Islam Negeri Maulana Malik Ibrahim, Malang.

7) Hasbulah, Frieda Husni (2002). Hukum Kebendan Perdata, Hak-hak yang memberi Jaminan (Jillis II). ( Jakarta: Ind-Hill-Co, 2002)

8) Hermansyah (2005). Hukum Perbankan Nasional Indonesia. (Jakarta: Kencana Prenada Media Group, 2005).

9) Kiiskinen, E. (2016). Risk vs Return with Binary Option Trading. (Lahti: Lahti University of Applied Sciences LTD, 2016).

10) Kolkova A., & Lenertova, L. (2016). Binary Options As A Modern Fenomenon of Financial Business, International Journal of Entrepreneurial Knowledge. 2016, 52–59.

11) Lestari, R.I., & Arifin, Z. (2022). Godaan Praktik Binary Option Berkedok Investasi Dan Trading, Jurnal Ius Constituendum, 7(1), 19-31.

12) Mahadiansar, S. R., Darmawan, E., & Kurnianingsih, F. (2021). Reality of the Development of Foreign Direct Investment in Indonesia in 2019. Matra Pembaruan: Jurnal Inovasi Kebijakan, 5(1), 65–75. https://doi.org/10.21787/mp.5.1.2021.65-75

13) Meliala, A. Qirom S. (2010). Pokok-Pokok Hukum Perjanjian Beserta Perkembangannya, Yogyakarta, Liberty, 2010.

14) Nasution, A.Z.(1995). Konsumen Dan Hukum. ( Jakarta: Pustaka Sinar Harapan, 1995).

15) Natarina, R. E., & Bangun, C. R. A. (2019). The Use of Affiliate Marketing in Improving Pegipegi Sales. Jurnal The Messenger, 11(2), 157-167.

16) Oktapriyani, N. P. (2022). Perlindungan Hukum Terhadap Konsumen Jasa Titip Beli Di Media Sosial Instagram (Studi Kasus Pada Infobarkas. Semarang) (Doctoral dissertation, Universitas Islam Sultan Agung).

17) Prakoso, Djoko (1987). Pembaharuan Hukum Pidana Di Indonesia. (Yogyakarta: Liberty, 1987).

18) Puspitasari, D., & Rachim, F. R. A. (2021). Binary Option Sebagai Komoditi Perdagangan Berjangka di Indonesia. Jurnal Hukum Lex Generalis, 2(8), 627-648.

19) Risyat, I. A. (2022). Korelasi Antara Afiliator Aplikasi Binomo Dengan Tindak Pidana Pencucian Uang. Jurnal Ilmu Hukum dan Humaniora, 9(6), 2022. 2998.

20) Satrio, J. (2001). Hukum Perikatan, Perikatan Yang Lahir Dari Perjanjian, Cetakan Kedua (Bandung: Citra Aditya Bakti, 2001).

21) Shidarta (2004). Hukum Perlindungan Konsumen Indonesia. (Jakarta, Gramedia Widiasarana Indonesia, 2004).

22) Simanjuntak, A. (2018). Hukum Bisnis: Pemahaman Holistik Persinggungan Hukum dan Praktik Bisnis. (Depok, Raja Grafindo Persada. 2018).

23) Sornarajah, M. (2009). The International Law on Foreign Investment, Second Edition. (Cambride: Cambridge University Press, 2009).

24) Subekti (2007). Hukum Perjanjian. ( (Jakarta: Intermasa, 2007).

25) Sultan (2023). Jurisprudance. Jurnal Riset Ilmu Hukum, 3(1) Juni 2023, 96

26) Usanti, T. P., Hernoko. A. Y. & Agustin E. (2012). Buku Ajar Hukum Perdata. (Airlangga University Press, 2012).

27) U.S Securities and Exchange Commision (2013). Investor Alert: Binary Options and Fraud. Investor, 6(13), 1–5.

28) Vurista, C. R. (2019). Peran Satuan Tugas (SATGAS) Waspada Investasi Otoritas Jasa Keuangan dalam Melindungi dan Mengawasi Investasi dari Investasi Ilegal, 2019.

Statutory Regulations

1) Criminal Code Article 303 paragraph 3 concerning Gambling.

2) Article 1233 of the Civil Code

3) Article 4 Regulation of the Minister of Communication and Information Number 19 of 2014 concerning Handling of Internet Sites with Negative Content

4) Law (UU) Number 10 of 2011 concerning amendments to Law Number 32 of 1997 concerning Commodity Futures Trading

5) Law of the Republic of Indonesia Number 8 of 1999 concerning Consumer Protection, Article 1 Number 1

Miscellaneous References

1) https://kumparan.com/kumparannews/car-afiliatorbinomo-gaet-pelanggan-yakinkan-legaljanjikan-untung-besar1xSsiHkmtPw/full, Tim Editor Kumparan news “Cara Afiliator Binomo Gaet Pelanggan: Yakinkan Legal,Janjikan Untung Besar”diakses pada 15 November 2023, pukul 16.44 WIB

2) https://m.tribunnews.com/bisnis/2022/01/29/mengenal-lebih-dekat-binary-option-investasi-trading-ilegal-yang-mirip-tebak-tebakan?page=2

3) https://market.bisnis.com/read/20220126/94/1493651/ini-perbedaan-binary-option-dengan-trading-forex-dan-saham

4) https://www.pikiran-rakyat.com/teknologi/pr-013629354/cara-membedakan-trader-dan-affiliator-binary-option-jangan-terkecoh. diakses pada 11 Agustus 2023

5) https://www.tribunnews.com/nasional/2022/03/09/14-korban-binomo-sudah-duperiksa-bareskrim-terungkap-total-korugian-mereka-mencapai-sp-25-miliarIgman Ibrahim, 14 korban diperiksa bareskrim, total kerugian mencapai 25 millar rupiah, , diakses pada 11 Juli 2023

6) https://bappebti.go.id/siaran_pers/detail/9579. Kemendag Blokir 1.222 Situs Web Perdagangan Berjangka Komoditi Ilegal.

7) https://www.cnbcindonesia.com/tech/20210929091041-37-279965/olymptrade-dipakai-buat-trading-forex-legal-atau-ilegal. Novina Putri Bestari, CNBC Indonesia. diakses pada 25 September 2023

8) http://jurnal.umsu.ac.id/index.php/delegalata/article/download/803/743/.Rizka Syafriana. Diakses pada tanggal 14 November 2023 Pukul 15:37 WIB

9) https://kabar24.bismus.con/read/20220310/16/1509081/aLat-saldo-don-salmanan-vans-diblokir-capar-p532Miliar. Setyo Aji Harjanto, diakes pada 12 Juli 2023

10) https:/sikapiuangmuojk.go.id/FrontEnd/CMS/Article/116. Otoritas Jasa Keuangan, "Peran OJK Melawan Penawaran Investasi Ilegal", diakses pada 23 Desember 2023.
Volume 07 Issue 01 January 2024

Indexed In

Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar Avatar