Dutch prosecutors ask a Rotterdam court to wind up crypto platform Knaken, which they describe as operating without the required authorization. According to the reports, authorities move to initiate bankruptcy proceedings after the platform’s customer funds are frozen, leaving users unable to access crypto assets. Decrypt and Yahoo Finance both state that the action targets the exchange rather than a specific individual, and that the requested court process would liquidate the company. The outlets also report that about 30,000 customers are affected and locked out of their accounts. The cases indicate regulators and prosecutors are pursuing legal remedies connected to allegations about Knaken’s compliance status and the resulting inability of customers to withdraw or move funds. The reports do not indicate the court’s decision or timing, and they describe the effort as a step in the broader enforcement of rules governing crypto market participants. Overall, the story centers on prosecutors’ request for an insolvency-style resolution following a freeze that prevents customer access.