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Dutch Court Forces Knaken Crypto Bankruptcy Over €7M Missing

The Cryptonomist·July 18, 2026·1 min read
Dutch Court Forces Knaken Crypto Bankruptcy Over €7M Missing

A Dutch court declared Knaken Cryptohandel BV bankrupt after finding €7M missing from the Rotterdam-based crypto exchange. Users were locked out of accounts as legal proceedings revealed a grim financial picture. The case highlights the slow pace of legal action in crypto platform failures and the risks to customer funds.

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