金色财经
金色财经|Nov 14, 2026 23:57
[Gate Responds to User Account Freeze and Asset Seizure: Executed Based on Formal Letter from Indian Judicial Authorities] According to Jinse Finance, on November 15th, community user @xxxkeym posted that their account was frozen after depositing 15 BTC into Gate in July 2025. Subsequently, Indian law enforcement alleged their involvement in a cryptocurrency scam. The user denied any connection between the funds and the case, stating that their assets were worth over $3 million at the time of the freeze, currently valued at approximately $1.6 million. They received an email from Gate on November 12th informing them that an Indian court had approved the seizure of their account assets. Gate responded that the account restriction was executed based on a formal judicial letter from the Andhra Pradesh Judicial Authority in India. The case is currently in legal proceedings, and the platform cannot lift the restriction on its own. Previously, the Andhra Pradesh CID investigated a cryptocurrency scam involving approximately $1.5 million, tracing four Gate accounts. The court ordered on October 30th that the relevant assets be converted into USDT and returned to the victims.
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