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Knaken Declared Bankrupt in Rotterdam Amid €7M Theft Probe
CryptoDnes·July 17, 2026·1 min read
A Rotterdam court declared crypto platform Knaken bankrupt after €7 million in client funds vanished. The incident left 30,000 customers unable to access their crypto assets. The bankruptcy and theft probe highlight ongoing risks in the crypto custody sector, raising concerns about user fund protection and regulatory oversight for digital asset platforms.
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