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Kraken parent company Payward wins $22 million arbitration ruling, asks court for final judgment against Mazars USA

2026-07-09 04:32

Odaily reported that Kraken parent company Payward has asked the Delaware Court of Chancery to enter a final judgment against Mazars USA after an arbitrator ruled in its favor, awarding $22 million in damages. Kraken co-CEO Arjun Sethi stated that the case involves debanking, regulatory pressure, and the need for clear rules in the U.S. crypto market, and called on Congress to pass the CLARITY Act. (Bitcoin.com News).