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
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July 9, 2026
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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.
Bitcoin may be showing many of the same signs that marked previous market bottoms, but one important signal has still failed to appear. On chain data continues pointing toward accumulation, a
Crypto researcher BankXRP has highlighted a trend that German market analysts say has remained consistent for weeks: XRP continues to record steady investment inflows even as its price trades