Knaken Crypto Exchange in Bankruptcy | Amsterdam News

Dutch crypto exchange Knaken is facing bankruptcy after abruptly locking users out of their funds, sparking a public interest-driven legal move to protect investors. Operating without the required EU license, the platform now faces court-ordered winding down, with a trustee set to manage asset distribution. A parallel criminal investigation is underway, with assets seized but no arrests yet. Once a major sponsor of Ajax and Feyenoord, Knaken admitted last year it was financially vulnerable — and now, its crypto dreams are crumbling. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b5f13eeb72734719