Gate of assets not handed over to Indian police… case-by-case review continues
Original headline인도 경찰에 자산 안 넘긴 게이트…사건별 심사 지속
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Gate has confirmed that none of the assets Indian police requested frozen or transferred have actually reached police custody, with case-by-case review and judicial scrutiny still ongoing. The exchange said it received the freeze request in September 2025 and the transfer request in April 2026, and that its AML and legal teams have repeatedly sought additional evidence and documentation from police rather than committing to hand over funds. Gate said it would not judge the relevant funds or promise transfers based on only one party's submissions. The standoff matters because it tests how crypto exchanges handle state seizure demands in India, and what to watch next is whether the case-by-case reviews and judicial proceedings produce the first actual asset transfer.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Gate, Indian police, Odaily