In brief
- The Dutch Public Prosecution Service has asked a Rotterdam court to declare crypto platform Knaken bankrupt in “the public interest.”
- Knaken has been offline since early June, leaving an estimated 30,000 customers unable to access their funds, and operated without the AFM license now required under EU rules.
- A separate criminal investigation by the FIOD saw investigators search premises and seize devices and assets on Monday, with no arrests so far.
Dutch prosecutors are trying to force a collapsed crypto platform into bankruptcy to protect tens of thousands of customers locked out of their money.
The Public Prosecution Service asked a court in Rotterdam to declare Knaken Cryptohandel and an affiliated entity, Stichting Knaken…
