Kraken wins $22 million arbitration against auditor Mazars for ditching the firm during Operation Choke Point 2.0

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Kraken wins $22 million arbitration against auditor Mazars for ditching the firm during Operation Choke Point 2.0, a crackdown on cryptocurrency businesses. Payward, Kraken's parent company, sued Mazars for abandoning a nearly complete audit. The arbitration award highlights the challenges faced by crypto firms during regulatory crackdowns, underscoring the need for robust audit and compliance processes in the industry.