Gate (@Gate) “A Detailed Update on the Indian Police Freeze Case Let’s start with the most imp” — TopicDigg

A Detailed Update on the Indian Police Freeze Case Let’s start with the most important point. Gate is an independent third party. We don’t make decisions about funds in this case based on one side’s evidence, and we have not committed to any asset handover. Every request is reviewed internally, case by case, and no assets have been handed over. Since 2025, we have continuously put legal resources into this case and worked to keep communication open for the user. We did not take the authorities’ request at face value. Where things currently stand: 1. After the freeze request arrived in September 2025, our AML team kept asking the police for more evidence, and our legal team kept requesting supporting documents. The on-chain records the police provided are detailed and involve multiple wallets and fund flows. When a handover related request came in April 2026, we did not simply comply. We kept asking for more material and held to case by case review. When we followed up with the police in September 2026, they confirmed the case is still under court review. Under the court order, Gate continues to hold the funds while the user has the chance to respond. 2. We kept the user informed. The day the police told us the charge sheet had been filed, we asked whether we could share case progress with the user. Once the police agreed, we updated the affected users so they could follow the proceedings and seek legal advice. The local counsel we retained is also in contact with local police and the court, to help the user find a lawful way to respond. 3. Our local counsel has advised that Gate can’t mount a defense or challenge the court order on the user’s behalf. However, they have also confirmed that the user can do so through the court process. We will keep helping the user communicate with the right parties and understand how that process works. To reiterate: Gate has a duty to cooperate with judicial investigations, but we do not dispose of user funds based on one side’s evidence. The case is still ongoing. We will keep working between all parties and share updates as soon as we can. Gate November 15, 2026