Gate Users Accuse TradFi of Zeroing Funds After Trading Profits

User @gonoyal claimed that after depositing $500,000 USDT into Gate TradFi to trade XAUUSD and realizing a profit of $329,300, the transfer was blocked, the transaction showed as canceled, and the account balance went to zero.

Gate's email stated that the user was suspected of coordinated trading across multiple accounts, canceled the transaction, and restricted the account, but did not provide specific evidence, transaction IDs, or related accounts, and the balance did not match the promises made in the email.

The user demanded an immediate return of the $500,000 principal and a transparent explanation, denying any coordinated trading.

Source: Public Information