TechFlow news, July 8, according to The Block, Kraken's parent company Payward stated that because audit firm Mazars (Mazars USA) halted an audit that was near completion in 2022 against the backdrop of "Operation Choke Point 2.0", the company was awarded $22 million in compensation in arbitration.
Payward stated that this move damaged its reputation and has requested the Delaware Court of Chancery to issue a final judgment. Meanwhile, Payward's co-CEOs used this opportunity to call for the passage of the "Clarity Act" to clarify the regulatory boundaries of the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the crypto industry.
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