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Policy

Kraken Wins $22 Million Arbitration Award Against Auditor That Quit Mid-Job During Crypto Crackdown

Kraken’s parent company, Payward, has secured a $22 million arbitration award against accounting firm Mazars USA after the auditor abandoned a nearly finished audit in December 2023, the cryp

AnonymousCryptoCompass newsroom
July 9, 2026
1 min read
NEWS
Kraken Wins $22 Million Arbitration Award Against Auditor That Quit Mid-Job During Crypto Crackdown
CryptoCompass editorial visual for policy coverage.

Kraken’s parent company, Payward, has secured a $22 million arbitration award against accounting firm Mazars USA after the auditor abandoned a nearly finished audit in December 2023, the crypto exchange announced in a blog post on Tuesday.

Co-CEO Arjun Sethi revealed the outcome in an open letter that also called on Congress to pass the Clarity Act. Payward is now seeking to have the Delaware Court of Chancery enter final judgment on the award.

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