Dutch prosecutors sell seized assets of bankrupt crypto platform Knaken, raising $2.5 million

According to Decrypt, the Dutch prosecution has sold the seized crypto assets from the bankrupt cryptocurrency platform Knaken, raising approximately $2.5 million to repay creditors.

The bankruptcy trustee stated that the funds invested by clients are estimated to be between $12 million and $14 million, and the proceeds from the sale are currently the main available funds in the bankruptcy estate.