Kraken Wins $22M From Auditor That Abandoned It During Operation Choke Point 2.0

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Kraken Wins $22M From Auditor That Abandoned It During Operation Choke Point 2.0

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Kraken is awarded $22M by an arbitrator after accounting firm Mazars abandoned a nearly completed audit, citing Operation Choke Point 2.0. The exchange claims Mazars' decision was unjustified. This outcome may set a precedent for other exchanges facing similar situations, potentially increasing confidence in crypto audits and regulatory compliance, boosting the industry's overall reputation.

The crypto exchange says an arbitrator sided with it after accounting firm Mazars walked away from a nearly finished audit.