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[Dutch Prosecutors Sell Seized Knaken Assets, Raising $2.5 Million] According to Decrypt, Dutch prosecutors have sold cryptocurrency assets seized from the bankrupt crypto platform Knaken, raising approximately $2.5 million to repay creditors. The bankruptcy trustee stated that customer investments are estimated to range between $12 million and $14 million, and the proceeds from the sale currently represent the primary available funds in the bankruptcy estate. Knaken operated without the required regulatory licenses and was declared bankrupt by the court in July. Some customers and lawyers have questioned whether prosecutors have the authority to sell the related assets, arguing that customers may have mistakenly believed they actually owned the cryptocurrencies displayed in their platform accounts.