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The Nexus
BUSINESSJul 7 · 19:35 UTCBITCOIN MAGAZINEMicah Zimmerman

Kraken Seeks Final Judgment After $22 Million Award Against Former Auditor

Kraken's parent company Payward seeks a final judgment against former auditor Mazars USA after a $22 million arbitration award. The dispute began when Mazars withdrew from Kraken's 2022 audit, leading to significant financial costs. Kraken is pursuing a European banking license amid broader regulatory challenges, including those under Operation Chokepoint 2.0.

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Mentioned
KrakenorganizationPaywardorganizationMazars USAorganizationDelaware Court of ChanceryorganizationSecurities and Exchange CommissionorganizationOperation Chokepoint 2.0topicEuropean Economic Areaplace
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