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Crypto Exchange Kraken Wins $22M Arbitration Against Auditor Mazars
🪙 Crypto

Crypto Exchange Kraken Wins $22M Arbitration Against Auditor Mazars

Crypto exchange Kraken has won a $22 million arbitration award against accounting firm Mazars, which abandoned a nearly completed audit during Operation Choke Point 2.0 — a US regulatory campaign targeting the crypto industry. An arbitrator ruled in Kraken's favour, finding Mazars' withdrawal unjustified. The case highlights the broader fallout from regulatory pressure on crypto firms during that period.

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