Kraken Wins $22M Arbitration Award Against Auditor Mazars After SEC Lawsuit Fallout
Source: https://www.businessinsider.com/crypto-kraken-lawsuit-auditor-mazars-arbitration-tradestation-2026-7
Executive Briefing
- Kraken secured a $22 million arbitration award against accounting firm Mazars after the auditor abruptly quit following an SEC lawsuit.
- Mazars terminated its relationship with Kraken after the SEC filed suit against the crypto exchange, court records reveal.
- Kraken is now pursuing collection of the $22 million award after winning the arbitration case against Mazars.
- The dispute highlights the legal and operational risks auditors face when regulators target their crypto-industry clients.
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