After The Indodax Hacking, Deputy Aspakrindo-ABI: No Significant Decline

Tokocrypto CEO Yudhono Rawis (photo: dock. Tokocrypto)

After the hack that occurred against Indodax some time ago, Deputy Chairperson of the Indonesian Crypto Assets Blockchain & Traders Association (Aspakrindo-ABI) Yudhono Rawis said there was no significant decline.

Thus, Yudho believes that trust in the crypto industry in Indonesia is still maintained. This is largely due to the safety mitigation measures that have been implemented by local crypto traders.

"We understand that incidents like hacking can cause concern, but we are committed to continuing to strengthen security standards, as well as maintaining transparency in customer asset management," Yudho said in a statement on Thursday, September 19.

Furthermore, he explained that investor confidence in crypto assets is also due to strict regulations and the implementation of comprehensive security measures by crypto traders in Indonesia.

The reason, Yudho added, is that with the clarity of regulations and regulations that are increasingly mature, the mechanism for the adoption of digital assets becomes easier to implement.

However, so that this incident does not happen again in the future, Yudho advised investors to choose crypto traders who have a good reputation and are registered with CoFTRA.

Investors are also advised to check the Proof of Reserve (PoR) mechanism, which ensures asset reserves are in accordance with customer funds owned and separate from the company's operational needs.