Gate Initiates On-Chain Asset Freezing After Severe Data Leakage Incident
2026-07-09 19:36

Woofun AI reports that Gate has responded to a user asset theft incident, confirming that submitted materials matched the account but indicating severe data leakage or device control. The exchange stated that Alipay screen recordings require strict real-time risk control and multi-factor identity verification, suggesting the breach involved the account holder or someone with direct access. Gate emphasized its four-layer security review process, which includes multi-channel notifications and manual reviews, ensuring no security changes are approved on single evidence. The platform has prioritized fund recovery by coordinating internal teams for on-chain analysis and asset tracking. Gate is working with third-party institutions like Tether to facilitate fund freezing and will actively cooperate with judicial authorities in investigations, promising to inform affected parties of significant progress.

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