Crypto India
Crypto India|Nov 15, 2026 09:58
Breaking: 🇮🇳 Gate crypto exchange says it has not handed over user funds to Indian police despite a request to transfer the frozen assets. Here's what happened: 1/ September 2025: Indian police asked Gate to freeze certain user funds as part of an investigation. 2/ April 2026: Police requested Gate to hand over the frozen funds. Gate sought further evidence and did not transfer the assets. 3/ September 2026: Police confirmed that the case was still under court review. 4/ Current status: The funds remain frozen under a court order. Affected users can respond through the court process, with Gate providing legal assistance. Gate says no user funds have been handed over and the case remains ongoing.
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