Gate: Indian police judicial freeze case still under review, no assets have been transferred to police so far

Odaily reports that Gate has issued a statement regarding the handling of a case in which Gate users' assets were judicially frozen by Indian police. Since receiving the asset freeze request from Indian police in September 2025, the platform's AML team and legal department have been requesting the police to supplement relevant evidence and conducting case-by-case reviews. After receiving a request related to asset transfer in April 2026, Gate still did not commit to executing it, but continued to request supplementary materials, explicitly insisting on case-by-case review and refusing to directly promise asset transfer. As of now, the case remains in the judicial review stage. Gate will continue to retain the relevant funds, will not easily transfer them during the user's defense period, and will continue to assist users in resolving the issue.

Gate stated that on the same day it received notice from the police regarding the submission of prosecution materials, the platform immediately confirmed with the police whether it could share case progress with the relevant users, and after obtaining police consent, informed the users so that they could seek legal remedies. In addition, Gate has engaged local law firms to communicate with the police and the court to secure lawful defense channels for users. According to the local law firm's opinion, Gate as a third party cannot defend or raise objections on behalf of users, but will continue to provide legal support.

Gate emphasized that since 2025, the platform has been investing legal resources to follow up on the case, assisting users in establishing communication channels and buying time, rather than directly cooperating with enforcement upon receiving requests from Indian police. As an independent third party, Gate will not make judgments or promise transfer of the funds involved based solely on unilateral materials; every request must go through internal case-by-case review. Currently, no assets have been transferred, and the platform will continue to coordinate communications and promptly share case updates.