{"id":630782,"date":"2026-07-17T12:53:42","date_gmt":"2026-07-17T12:53:42","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/07\/17\/dutch-court-declares-crypto-platform-knaken-bankrupt-over-missing-funds\/"},"modified":"2026-07-17T12:53:42","modified_gmt":"2026-07-17T12:53:42","slug":"dutch-court-declares-crypto-platform-knaken-bankrupt-over-missing-funds","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/07\/17\/dutch-court-declares-crypto-platform-knaken-bankrupt-over-missing-funds\/","title":{"rendered":"Dutch court declares crypto platform Knaken bankrupt over missing funds"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/man-documents-breaking-news.png\" alt=\"Dutch court declares crypto platform Knaken bankrupt over missing funds\" class=\"type:primaryImage\" \/><\/p>\n<p>The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users.<\/p>\n<p>A Dutch court has declared cryptocurrency platform Knaken Cryptohandel BV and its affiliated foundation bankrupt after prosecutors said 7 million euros ($8 million) in customer assets were missing.<\/p>\n<p>The Rotterdam court <a href=\"https:\/\/www.rechtspraak.nl\/organisatie-en-contact\/organisatie\/rechtbanken\/rechtbank-rotterdam\/nieuws\/2026\/07\/knaken-cryptohandel-b.v.-failliet-verklaard\" rel=\"noopener noreferrer\" target=\"_blank\">issued<\/a> the ruling on Thursday, saying the bankruptcy was needed to ensure an orderly settlement after Knaken blocked access to its platform and accounts.<\/p>\n<p>According to the court, the company has insufficient assets to fully repay users. The court also said customers lacked sufficient information to determine their legal position.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/dutch-court-knaken-crypto-platform-bankruptcy\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The Rotterdam court said bankruptcy was necessary to ensure an orderly settlement because the company lacked enough assets to fully repay users. A Dutch court has declared cryptocurrency platform Knaken Cryptohandel BV and its affiliated foundation bankrupt after prosecutors said 7 million euros ($8 million) in customer assets were missing. The Rotterdam court issued the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":630783,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-630782","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/630782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=630782"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/630782\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/630783"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=630782"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=630782"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=630782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}