Dutch Prosecutors Sell Seized Knaken Assets for $2.5M

This is a rare instance of a criminal-justice process converting seized crypto assets into fiat for victim compensation, rather than the more familiar bankruptcy or liquidation route. It signals that Dutch authorities are treating the Knaken collapse as a case with recoverable, monetizable value, which matters for creditors who might otherwise assume total loss. The open question is how the $2.5 million will be allocated among victims and whether further asset sales follow, since a single recovery figure says little about the total shortfall.