Finance
Homes Searched in Knaken Case, Public Prosecution Suspects Embezzlement
The Public Prosecution Service suspects embezzlement and forgery in the case of bankrupt crypto company Knaken, leading to searches of two Rotterdam homes on July 15. Authorities seized phones and data carriers without making arrests. The investigation focuses on founder Ronald Jonkers, who allegedly issued a 2.3 million euro loan to his own company Meier Media B.V. before Knaken lost its AFM license and failed to refund customers, prompting the prosecution to request bankruptcy declared on July 16.
Ozetta summarises; the reporting is the newsroom's